Waiting possible breakout. DENTThis triangle could be broken and the could be considered as a uptrend continuation pattern
Dent
Important support in DENT!Hello Friends!
As shown in the chart, The DENT price is inside a triangle and has reached the support line in the RSI.
Do you think another ascent can be formed?
Good luck!
DENTUSDT🌟this alt has a great potential to shine in the bullish runs and that comes with a high ATR ratio so be ready to put a portion of your whole basket into this alt
🌟for now this alt become sideway and waiting for a motivation (it might lose some value too but don't panic its so far from our stop loss)
👉This idea has the confirmation of "advanced price action" 👍
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‼️waiting for $DENT how it holds the sit movement to continue UPDent did a rejection holding the previous breakout line so it headed to previous support, which is trying to hold now and it's doing quite a good job. Altough we must be watching this level either if it holds or looses, to take corresponding actions.
‼️Watch $DENT how it holds the sit movement to continue UP.Dent did a rejection holding the previous breakout line so it headed to previous support, which is trying to hold now and it's doing quite a good job. Altough we must be watching this level either if it holds or looses, to take corresponding actions.
DENT updateMarket Cap $721,654,714
24 Hour Trading Vol $123,950,709
Circulating Supply 95,654,960,452
Total Supply 100,000,000,000
INVERSE HEAD AND SHOULDERS PATTERN - DENT/USDT REVIEW 📚Good day everyone.
Today, I'll be discussing the inverse (inverted) head and shoulders reversal pattern.
1. DEFINITION
What is Inverse Head And Shoulders?
An inverse head and shoulders , also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
2. ENTRY
The entry (buy order) of an inverse head and shoulders pattern can be of three types:
- Market entry: current market price.
- Stop limit entry: breakout above the inverse head and shoulders neckline resistance.
- Limit entry: Retest of the right shoulder's horizontal support level.
3. TARGET (TAKE PROFIT)
The target level of your inverse head and shoulders pattern should be the key trend based fibonacci extension zone (1 - 1.272 - 1.414).
4. SETUP INVALIDATION AND STOP LOSS
The setup invalidation of this setup is a breakdown below the shoulders support level.
The stop loss can be less than or equal to the setup invalidation.
TRADE EXAMPLE
I'll be using my analysis on DENT/USDT {DENT} as a trade example on the inverse head and shoulders reversal pattern.
My entry (buy order) ⬆️: breakout above the neckline resistance.
My target 🎯: the key trend based fibonacci extension zone (1 - 1.272 - 1.414).
Setup invalidation ❌: breakdown below the shoulders support level.
Stop loss 🔴: breakdown below the shoulders support level.
The trade played out as expected, hitting my take profit and it's still pumping.
DENT Spectacular LONG entry for holdingDent broke thru the symmetrical triangle to the bullish which indicated a strong momentum to initiate another bull leg up.
🔥 DENT Bullish ContinuationA while ago I made an analysis on the expected future price action of DENT, see below.
While the bullish move happened quicker than initially anticipated, the 0.0075 resistance mentioned in the previous analysis was almost spot-on.
At the moment we're seeing a period of consolidation for DENT, which was expected after the huge move from early August.
Assuming BTC will remain relatively bullish, I'm expecting the red area of support to hold. Next target is the green area of resistance drawn on the chart. Assuming we get there in the next two weeks, we might already be looking at new all time highs in the near future.
Happy trading!
DENT Is about to explode! Keep an eye on this! Here's a quick look at DENT 2 hr chart. As we can see, the price has printed a symmetrical triangle and we could see a breakout very soon! The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 0.0088$
2. 0.0109$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
DENT Long Trade 20210819: Need ConfirmationSignals: Blue -> Green as Confirmation
Context: Green * N
Need to Break Through 0.0065 Resistance as Structure Breakout Confirmation
Targets:
0.00727, if Breaks through, then:
0.00875, if Breaks through, then
AB-CD: 0.011
More Details:
DENT, DENTUSD, DENTUSDT, DENTUSDTP,DENTBTC,CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
#DENT No.8 spot400% profit
Now, we are in a corrective movement to the (0.004-0.0038)
This area could be a good point to enter your first step if you haven't already been in!
Good Luck guys
Dent Next Target Dent Next Target, I THINK IT GOES 0.2 $ IN SEPT .Dent Next Target, I THINK IT GOES 0.2 $ IN SEPT
DENT100 trades crypto series
Starting date: 9/August/2021
Day 5
Starting capital: $500
Capital at present: $700
(all trading ideas in the series with commentary and outcome can be found on my profile)
Bulls way too overextended.
Short run bear expected. If the price continued to go up, would have scaled in higher.
Exit: too early.
END of the week 1.
Starting balance 500$
Trades made - 27
Winners - 17
Loosers - 10
Current balance 747$
Success rate 62%
Sunday rest/review day. Continue on Monday.
Dent in short moment pullbackLaunched in 2017, Dent is a revolutionary digital mobile operator offering eSIM cards, mobile data plans, call minutes top-ups and a roaming-free experience. According to the company website, Dent employs blockchain technology’s powers to create a global marketplace for mobile data liberalization.
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Dent Price (DENT)
$0.006232
1.23%
0.0000001441 BTC0.81%
0.000001841 ETH5.05%
🔥 DENT Target Hit: Bullish ContinuationAround a week ago I made an analysis on DENT. Here I discussed the fact that we saw a higher low, which could be the indication of a longer term bullish reversal.
After an incredible week for alts, DENT has hit the first major target of 0.00475, which took shorter than expected. For now, I'm expecting a minor correction to occur, which would function as a spring for a future bullish move. Next target: 0.0075.
Happy trading!
