DNTUSDC possible inverse head and shoulders pattern formingHey all just wanted to share my current thoughts on DNTUSDC: Coinbase. I see an inverse head and shoulders pattern possibly forming(dependent on BTC next move of course.) I will update as this move plays out. Thanks and again leave a comment with your thoughts!
DNTUSDC trade ideas
Idea for DNTUSDC: CoinbaseI believe the next wave is coming soon. A possible retest to .24-.28 range before bouncing up to test a new level around the .54-.60. I am not a financial advisor and only do this for myself however I am open to discussion on other ideas or trading strategies everyone is using with DNTUSDC trading pair. Us smaller traders need to band together on this next bull run!
possible break out pendingPreviously noted in comments on reddit The break out/break down looms on the 22nd. It's looking like longs are winning at this moment but momentum won't really resume until we break .375. (My guess where short stops are) best wishes! I'd hate to see this puny half cent wish-wash till mid march... I get bored walking the dog.
DNT/USDC long position new idea: Hunting to stop lost?It looks like we are witnessing a hunt for a stop lost position. I think shopping will come after this hunt. It is still necessary to monitor the development of the graph and volume. Currently we have lower hight and higher low, it is necessary to wait for the short-term trend to turn on the H1 chart.
This is just my opinion. Don't take it as an investment recommendation
Predicting the future of DNTDNT has been on a steady rise for the past few months. As of today, DNT may retrace to the high 20's before a large run in the next 48 hours. I've been trading 15 years and seen this exact pattern so many times, I can pretty much see it in my sleep.
Buying opportunity around .295 to guarantee fill. after that leg down we will see a 2X rise, leading into the coming weeks of potentially $2 before a major retracement below $1.
NOTE: This is not investment advice. I like the coin.
Classic shake outClassic dip and bounce off the lower fib band. Did that shake you out of your hold? Yeah, big dogs pull that crap. But good old FIB was there to keep you level headed. A break over .32 this morning will likely see a resumption of trend, though consolidation can occur for the next week or so between the fibs. I'm holding for the break out over .445. a move to .745 is possible.
Stay longDNT is trending higher and doesn't really have a previous high to limit it's movement. Explosive moves could occur in the coming days. I'm seeing consolidation between .335 and .395. If scalping, those are tight ranges. I'd hold for the swing up, but watch for it to lose .325 and hold it on the 4 hour would indicate a pull back to a lower fib level around .25.
For those who bought back at the .15 level when I indicated I was buying in, hold stay steady anything over .15 and buy the dips. The long trend is strong.
DNTUSD Descending Triangle Pattern District0x is in final stage of descending triangle pattern. My prediction is that price will drop to 0.18 area and then break the downtrend. The bullish raid should end close to 0.24 or higher. Altcoins are making nice surprises lately so don't be afraid to hold it for a little longer. Thanks
Crypto Markets & DNT Technical Analysis & Predictions 2/10/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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DNT Approaches The Third BreakoutGuys and gals, I think we are approaching the third breakout! DNT is looking strong, yet again, and is making some attractive moves on the price line that appears to be giving us a sneak preview of what's to come.
This is the 3rd ride for me. I took the first ride from 0.0077 to over seven cents and sold for a 9X return. Not a bad swing trade for holding approximately 2 months. I took the second ride from 0.049 average to 0.185 for a 4X return. Yet another great swing trade after holding for 2 months. This time, I have been accumulating all throughout the correction after the last peak, and I'm holding a nice bag after five purchases for a dollar-cost average of about 0.13. As you can see, we are trading above that green base level price, and it looks like it is holding strong.
That quick pop to 0.25 was just a sneak preview, in my opinion, showing the strength of the next move when we make the official breakout to the next level. I LOVE what this project is all about, and that makes it all the more fun to play it. I'm a swing trader though, and I'll be the first to admit that I'm in this for the MONEY. But this time I may hold on for a longer period of time, because I think this project has a very high up side potential, based on the numbers. With a total supply of 1B and a circulating supply of only 751,221,716 this little gem has quite the potential to make a strong move in the future.
If you look at similar projects with almost THREE TIMES the total and circulating supply that have popped to $1 during this alt season, I think it's very safe to assume that we could see DNT breaking above $2 in the coming months. Some are even projecting a peak run of up to $10. But we have to realize that it's just speculation. EVERYTHING in this crypto sector is purely speculative, and dangerous. There are risks. But if you don't roll the dice, you can't get the big fat returns. My strategy is to swing trade, and play with "free money". After my first two successful swing trades, I'm playing with no money out of pocket. So my risk tolerance is super high. If I have to gamble, I love to take on projects that have the metrics like this one, not to mention the fact that District0x is involved in one of the hottest sectors: Non-Fungible Tokens.
While everyone else is clamoring over Bitcoin and Ethereum, I'm good with playing these little CoinbasePro "gold mine" USDC pair projects that give me MUCH bigger returns for the money. My strategy is to ride these little projects and take in the 5X, 10X, and 20X gains and THEN roll them into the big boys ETH, LTC, and BTC for the fall run. By the time I get done flipping these small cap projects, I'll have gained enough to cover my initial investment and then flip the gains into the more stable "big boy" projects for the long haul. This is what works for me, but you've got to play the market in the best way that fits YOUR risk tolerance level.
As usual, don't blindly take the advice of random TradingView authors. Do your OWN due diligence, and don't blame anyone else for your own losses. I'm not your financial advisor, I'm just a hot-dogger that loves to flip tokens and fatten my bags!
Keep your eyes on this one, and don't sleep on District0X!
Carlton Flowers
The CryptoPro
Technical Analysis & Predictions 2/5/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.