DENTUSDT trade ideas
DENT Technical Analysis and Trade Idea #DENT USDT has exhibited bearish tendencies on the higher time frame. Currently, we are witnessing a significant move into a key support level. In the accompanying video, we explore a potential trading opportunity, contingent upon the development of favorable price action. We identify key support and resistance levels, we look at chart patterns, price action analysis, and a particular form of price behavior that, if advantageous, would warrant market entry. As a disclaimer, the information provided is solely for educational purposes and should not be construed as financial advice. Trading carries inherent risks, and it is imperative to implement sound risk management practices at all times.
DENT/USDT - Dent: Super Trend◳◱ On the $DENT/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.001984 | 0.002126 | 0.002449 and support near 0.001661 | 0.00148 | 0.001157. Entering trades at 0.001895 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Dent
▣ Rank: 340
▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Hitbtc
▣ Category/Sector: Services - Data Management
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.001895 ₮
▣ 24HVol: 2,652,358.949 ₮
▣ 24H Chng: 5.866%
▣ 7-Days Chng: 3.03%
▣ 1-Month Chng: -13.69%
▣ 3-Months Chng: 80.67%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.001984 | 0.002126 | 0.002449
◢ Support: 0.001661 | 0.00148 | 0.001157
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.71
▣ Last 90D: 2.53
▣ Last 1-Y: 0.92
▣ Last 3-Y: -0.02
◲◰ Volatility :
▣ Last 30D: 1.04
▣ Last 90D: 1.03
▣ Last 1-Y: 0.77
▣ Last 3-Y: 1.18
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.30 - Bearish
▣ In-depth DENTUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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DENT - Huge potential after the breakout BINANCE:DENTUSDT (1D CHART) Technical Analysis Update
DENT is currently trading at $0.00150 and showing overall bullish sentiment and looking to breakout from the resistance.
Once the resistance is broken we can expect the price to reach the next target around 0.002200 and the another resistance is around 0.004014
Entry level: $ 0.001500 (after candle close above this price)
Stop loss level: $ 0.001178
Target 1: $ 0.001682
Target 2: $ 0.001997
Target 3: $ 0.002400
Target 4: $ 0.003211
Target 4: $ 0.004014
Max Leverage: 3x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
DENT/USDT looking hungry bullishHi traders,
Just dropping this shitcoin in here. I see it has a lot of potential upside. According to my analysis, there is a possible upside of between +50% and 325ish%
There are the possible targets:
Target 1: 0.001775
Target 2: 0.002400
Target 3: 0.004980
Time will tell...
Stay safe.
DENT will posibly shoot high, and here is why BINANCE:DENTUSDT Dent is stuck at a specific level.
What will happen to it? Will it drop? Will it rise?
Here are several factors that could contribute to a potential decline📉 in value:
Market Indecision: Over recent days, DENT has encountered challenges maintaining its position at a particular price level, reflecting uncertainty in the market.
Price Adjustment: DENT has experienced a remarkable 120% surge in value over the past month, potentially necessitating a correction to realign its price with market dynamics.
RSI Analysis: RSI suggests that DENT may be oversold, indicated by a slight dip in the RSI, highlighted in yellow. This could signal a period of consolidation or potential downward movement in the near term.
Here are a several factors that could contribute to a potential increase📈 in value:
Strong Support. DENT is currently positioned within a nice support area marked by multiple trendlines, indicating a strong area for potential upward movement.
Past instances reveal that relying solely on RSI indicators may not always yield accurate predictions. For example, on December 13th, 2023, when DENT was valued at 0.001037, the RSI signaled an oversold condition. Despite this, DENT initially experienced a 12% drop before ultimately surging by 73%. This demonstrates the potential for market dynamics to override RSI signals, suggesting that DENT's current situation may be more favorable than RSI indicators imply.
With that noted, I got my order set on 0.001793 on LONG. It might seem unlikely that price will reach here, but if it will, it would yield a nice profit. Entering the trade right now seems really risky, since you can lose a lot if it breaks the support. I prefer to wait for a slight possibility of the price dropping to my desired level, allowing me to enter the position more securely with reduced risk, as opposed to entering it immediately and facing a higher probability of financial loss.
DISCLAIMER: I am not responsible for your losses or profits, I simply just share ideas. Please don't make trades purely because I told you to, look at the chart yourself and evaluate if this is a nice long or short position
DENUSDTBasically,
For DENTUSDT, the breakout of the horizontal channel occurred on a monthly basis in February 2024.
TP1: The first target of the horizontal channel is 0.0039,
TP2: the second target is the previous peak of 0.014
TP3: The subsequent target is 0.0599, which is the target of the descending triangle formation monthly.
DENTUSDT 150% PotencialDENTUSDT Technical analysis update
DENTUSDT price exceeded its resistance zone on the day chart after a 650-day consolidation period. While this could indicate a potential breakout. if the price breaks we can expect a 150% up move.
Buy zone: Below $0.00155
Stop Loss:$0.00120
Regards
Hexa
DENT Buying Frenzy: Seize the Opportunity Now!## DENT Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **DENT:** A utility token used on the DENT mobile marketplace to purchase mobile data packages directly from operators.
* **Launched:** July 2017.
* **Market Cap:** ~$50 million (as of Feb 23, 2024).
* **Rank:** #702 on CoinGecko.
* **Unique Features:**
* Integrates with over 130 mobile operators globally.
* Users can buy data packages with DENT tokens, potentially at lower costs than traditional methods.
* Aims to improve data affordability and accessibility in emerging markets.
**Recent News:**
* **Feb 20, 2024:** DENT announces partnership with blockchain phone manufacturer, Sonim Technologies.
* **Feb 14, 2024:** DENT integrates with crypto wallet, BRD.
* **Jan 25, 2024:** DENT launches new staking program offering rewards in DENT tokens.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* DENT price has seen significant fluctuations over time.
* Recent news highlights DENT's focus on partnerships and expanding its ecosystem.
* It's crucial to understand the risks involved in cryptocurrency investments before making any decisions.
I hope this information is helpful! Please let me know if you have any other questions.
DENT after the pullback can continue to go upDENT after the pullback can continue to go up.
🔵Entry Zone 0.0013982 - 0.001458
🔴SL 0.001311
🟢TP1 0.001591
🟢TP2 0.001798
🟢TP3 0.002085
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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Loading…. Ready for take of Looking for the area 0.0008 - 0.0006. In this area I will load my rocket and aim for a 700 to 1000% move up.
Wave 1 of wave 2 ( I see wave two as the confirmation of the new bullrun) could be in for now. And we always looking for a retrace after the First wave. Did you sold in the 0.0011 area look for a buy back at 8-6 area as mentioned above.
We can also still move lower but for now I’m very bullish after this retrace.
DCA at this point is a very good oppotunity and of this cycle aiming for 10 to 80 cents