DENT/BTC - Falling wedge, bullish setup and 150% upside
Updated
DENT haven't been the most interesting coin for the last couple months, but it's finally starting to show some bullish potential again. It's setup is a big falling wedge coming from back in august 2018, closing soon.
DENT recently dropped to a new ATL at 22sats, and is at the time of writing trading in the 22-23sats range. Orange boxes are different targets to the upside which will act as take-profit levels. The top one is +150. It's recommended to move your SL to entry price + 1sats once TP 1 has been hit.
I'm entering DENT limit at 21 and 23 sats, waiting to sell at the marked levels. SL @ 18sats.
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DENT recently dropped to a new ATL at 22sats, and is at the time of writing trading in the 22-23sats range. Orange boxes are different targets to the upside which will act as take-profit levels. The top one is +150. It's recommended to move your SL to entry price + 1sats once TP 1 has been hit.
I'm entering DENT limit at 21 and 23 sats, waiting to sell at the marked levels. SL @ 18sats.
If you like it and would like to receive future updates - Please, follow me on TradingView!
If you follow me, I guarantee you will receive timely updates to this chart, and all other interesting tickers. This will allow you to stay on top of the current Fetch.ai trend and hopefully maximize your profits!
For support, sign up to Binance and Bitmex with these links for referral
bitmex.com/register/JFOhf7
binance.com/?ref=10799260
If you agree, please, Like this Idea - This would be the best feedback and encouragement for me!
Note
We dipped inside the green zone I called and you should have been filled if you had your orders ready. We are so far up 24%! With more room to grow. It's not a bad idea to take some profits around here as we're getting close to the top of the wedge, and place your SL at break even. Just in case it decides to take one more dip inside the wedge before rallying out of it!
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