DENT Finds Support And Prepares To Move (68% PP)
Updated
DENT Stopped its drop from which it created a new all-time low by going flat for 5 consecutive days and finally breaking up above EMA10.
We have several strong bullish signals that are starting to develop now, or as I call them, "early signals".
It is always interesting to note when these altcoins start to move at the end of the week. A good close on the week can end up producing a bullish candle for the week ahead.
As for DENTBTC now on the daily time frame, we have the following early signals:
DENTBTC weekly:
It is simple to trade DENT here, let me show you and perhaps you can hit LIKE... Thanks a lot for the support.
Trade: DENTBTC
Buy: 22-25
Targets:
(1) 27
(2) 30
(3) 34
(4) 38
(5) 42
Stop loss: Close daily/weekly below 21.
Capital allocation: <10%.
See how easy that is?
Thanks a lot for reading.
I am wishing you great profits.
Namaste.
We have several strong bullish signals that are starting to develop now, or as I call them, "early signals".
It is always interesting to note when these altcoins start to move at the end of the week. A good close on the week can end up producing a bullish candle for the week ahead.
As for DENTBTC now on the daily time frame, we have the following early signals:
- Break above EMA10 (this signal is only confirmed after the daily candle closes).
- MACD bullish crossover and very strong bullish divergence.
- Strong bounce on the RSI after hitting oversold.
DENTBTC weekly:
- Bullish hammer (weekly candle must close at or above 25).
It is simple to trade DENT here, let me show you and perhaps you can hit LIKE... Thanks a lot for the support.
Trade: DENTBTC
Buy: 22-25
Targets:
(1) 27
(2) 30
(3) 34
(4) 38
(5) 42
Stop loss: Close daily/weekly below 21.
Capital allocation: <10%.
See how easy that is?
Thanks a lot for reading.
I am wishing you great profits.
Namaste.
Note
Bullish divergence: Note
I have so many people waiting for DENT to move... Here it is, patience is key.Enjoy the profits.
--
Avg buy: 23
Targets:
(1) 27 -Reached 15-Mar. (+17%)
(2) 30 -Next target.
(3) 34
(4) 38
(5) 42
Trade closed: stop reached
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