DNT Symmetrical Triangle?Possibly seeing a symmetrical triangle pattern for DNT. This is a price consolidation period meaning price can move in either direction. Watch for a higher high or lower low for the direction of movement. *NOT FINANCIAL ADVICE* Only sharing to get feedback and other opinions.
DNTUSDC trade ideas
Wave 4 completed ? It seems we are near strong support area.
The RSI just broke out the descending triangle which is a bullish sign, but we will have to wait for price action to confirm the bullishness and eventually start making higher highs. Overall, we are heavily oversold and we are most probably going to see a strong bounce from here in the short term.
Personally, I am accumulating at every paycheck. I see this token reaching 20 usd by 2022.
Cheers and Good luck!
DNT another idea for your exit plan! I found an interesting pattern. The last time that price dropped in a similar manner, it was in sub wave 4 of wave 1. Perhaps less violent.
How i did it: So I measured the sub wave 4 of wave 1, and found that sub wave 5 went up to 300% log fib extension. I did the same with wave 4 and used the same fib extension and found the price targets of 7usd area.
Same area coincides with trend based fib extension levels of the wave 3.
District0x macro trendThere is a clear time cycle pattern with DNT which lasts for approximately 180 days, from pick(wave 1) to pick(wave 3). Based on this observation, there is a high probability that we reach the wave 5 by August. Usually the wave 4 is a chart pattern(here we have a symmetric triangle which validates our wave count).
Another observation, using log fib extension, we see that wave 3 it was the 261% extension of wave 1. Remember that wave 3 is never the shortest wave. We may expect the wave 5 to reach a fib level. We have various bullish levels from 4usd(most probable) to 17usd and the most bullish (but still realistic) target around 190 usd!
Last note, i am expecting the sub wave 5 of the major wave 5, and final leg up, to break the ascending channel. If this break happens before the sub wave 5, the levels between 17-190 usd are totally possible.
Remember, Stay safe!
DNT consolidation period near endUsing logarithmic chart, we can clearly see an ascending channel. Maximum time before ending this consolidation is around 20 more days, as long as we hold the 22 cents level. I am staying bullish for the time being. For long term i see around 4-5 usd per coin.
Stay safe !
DNT WILL BE AT $11 IN 09/22/2021DISTRICT0X PRICE PREDICTION FOR JUNE 2021
The district0x price is forecasted to reach $0.522564 by the beginning of June 2021. The expected maximum price is $0.4781133, minimum price $0.3251171. The district0x price prediction for the end of the month is $0.3824907.
DISTRICT0X PRICE PREDICTION FOR JULY 2021
The district0x price is forecasted to reach $0.753454 by the end of July 2021. The expected maximum price is $0.4825402, minimum price $0.3281274. The district0x price prediction for the end of the month is $0.3860322.
DISTRICT0X PRICE PREDICTION FOR AUGUST 2021
The district0x price is forecasted to reach $0.9360322 by the beginning of August 2021. The expected maximum price is $0.4873927, minimum price $0.3314270. The district0x price prediction for the end of the month is $0.3899142.
DISTRICT0X PRICE PREDICTION FOR SEPTEMBER 2021
The district0x price is forecasted to reach $1.3899142 by the beginning of September 2021. The expected maximum price is $0.4925244, minimum price $0.3349166. The district0x price prediction for the end of the month is $0.3940195.
Good time to buy some DNTLooks like buying some here is ideal. We SHOULD rebound from .26 and head to .35
If we go under .25 we will probably drop fast to .20 though.
Upside looks like we should head to .40 by July at worst case scenario. ( IF this keeps with trend)
Good luck!
*As always leave a like if you find idea useful, thanks*
pattern broken, more consolidationWe lacked the umph to continue the upswing from the attempted break out. I'd predict consolidation between .325 and the high point at .45 until around mid July. Play the ranges if you're a day trader, hold tight (or hodl if that's your thing) Mid July sees us above .45 OR the weekly trend is broken.
DNT-USD ESCALATION IN 2021 BULL CYCLE Coinbase ChartI'm following the bullish trend of DNT since one year now, when it was at $ 0,006.
In Nov. 2020 it jumped from 0,0085 to 0,084 10x!
Jan. 2021 topped at $ 0,21, Feb. at 0,45. Since then it has been accumulating in an ascending triangle that's being broken at the time of writing. We can see a narrative of big jumps and then down the slope three times in a row since November 2020, always relying on the ascending trend line and MA50 on the daily chart. If this narrative is still valid, we can expect a new jump to be accomplished within one or two days and then another accumulation area. The actual targets for the short term are 0,6 and 0,8 dollars.
It would turn into a bearish scenario in case one daily candle would close below the red trend line.
DNT: Up We Go!DNT looks like it may be finally breaking out of this consolidation which has been going on for about 2 months. Resistances are around $.39 and $.45. Watch the fib levels.
MACD also has a flip upward on the 1D chart.
Let's see what happens...
This is not financial advice. These are just my opinions and ideas.
breakout or down by 5-15-21While I was optimistic that my last post a few months back would see a break out, we didn't. We retested the .61 fib band and have consolidated ourselves back up to the .38 fib levels. I sense we will continue consolidating and squeezing up the wedge that sees us with a good sized break out or break down happening around late April/early May. If it continues to trend sideways after that, I will consider the larger trend broken and would look to lock in profits. I'm realistically bullish that this could hit at least .60 by mid May but a loss of .265 would change my mind.
DNT cant decide to go up or down. we wait.there wasnt much info cuz $DNT is low vol but i think it was rising, failed its bounce, but can still follow trend line. i dont trust the cloud, and RSIs are all over the place. SO its in a middle ground lol.. it can fall past the yellow line into some stable support. also needs to break that red line for a
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