DENT - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
DENT is overall bullish and now retesting our 0.005 round number so we will be looking for buy setups.
on H4: DENT is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, DENT would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Dent
DENT - Easy Set Up 🤩DENTUSDt is making nice bullish moves. We recently saw an ABC bullish correction with a breakout. Looking for further bullish momentum.
We could possibly come back to retest the ascending trendline. If we don't, look for strong bullish pressure and join in with the move.
See chart for targets.
#DENT 4h ANALYSISAnalysis of Dent currency in 4-hour chart
Analysis using characterization of motion channels, Elliott wave count
Obtaining targets with the help of channel expansion technique, using Fibonacci correction and projection and expansion and communication rules between Elliott waves
Based on the items specified in the chart, the targets are:
1- 0.01$
2- 0.0118$
Also suitable entry area:
0.0070 - 0.0077 $
Stop loss:
0.0063 $
DENT still not performing bullish action.It is been quite a while keeping consolidation. But now it seems to be supported at 0.0057 zone multiple times which is a possible factor to break down to the next support. I think the final support could be 0.005 zone and expecting a market reversal for new higher highs. Not only that but also BTC in a bearish situation. As long as altcoins follow BTC price action, this isn't a good time for long positions until BTC starts its bullish characteristics.
Happy Trading!
Trading Signal For DENTUSDT Trading Signal:
A Trading Signal is seen in the DENTUSDT DENT
Traders can open their Buy Trades NOW
DENTUSDT DENT
Rank : ⭐️
⬆️Buy now or Buy on 0.00625
⭕️SL : Close below 0.00575
🔵TP1 @ 0.00800
🔵TP2 @ 0.00950
🔵TP3 @ 0.01150
If you liked our ideas, please support us with your likes 👍 and comments .
DENTUSDT 4H the strategy with falling wedgeIn DENTUSDT 4H
If the price can break-out the falling wedge and the close is higher than the downtrend line .
Tip: The upper shadow must be short than 1/2 body!!
TP1: Fib 1(0.0089)
TP2: Fib 1.272~1.382(0.010699~0.011427)
TP3: Fib 1.5(0.012208)
SL: (0.005654)
DENTUSDT (4h CHART) - Resistance Breakout!
DENTUSDT (4h CHART) Technical Analysis
DENT/USDT(4h CHART) currently trading at $0.00662
Buy-level: Above $0.00650
Stop loss: Below $0.00577
Target 1: $0.00723
Target 2: $0.00793
Target 3: $0.00887
Target 4: $0.00998
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.