All about DENT
Updated
I'm not seeing any strong signs of reversal for DENT at the moment, however we can notice some points that call attention.
-Fort accumulation: highest peak volume of purchases of all time a few days ago (at the end of April). This may be a sign that large investors may have insider information and are buying for future highs
- Starting a possible high divergence with RSI
- Good news for June 30 (Link attached here)
On the chart: If btc maintains the bullish trend, I see many chances of DENT to get the target around 17. If there is a confirmation above that point, or rupture with volume, we can go up to 23. Above this I think unlikely, would be a trend reversal signal.
Remembering that there is still no strong sign of discharge, are early signs.
-Fort accumulation: highest peak volume of purchases of all time a few days ago (at the end of April). This may be a sign that large investors may have insider information and are buying for future highs
- Starting a possible high divergence with RSI
- Good news for June 30 (Link attached here)
On the chart: If btc maintains the bullish trend, I see many chances of DENT to get the target around 17. If there is a confirmation above that point, or rupture with volume, we can go up to 23. Above this I think unlikely, would be a trend reversal signal.
Remembering that there is still no strong sign of discharge, are early signs.
Trade active
Perfect trade: Bought at 12, sold at 16. Easy 25%I will buy again when I am over 17
Note
Sell top -> Will buy again around 17
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