Dent
$DENT/USDT 4h (Binance Futures) Bull-pennant breakoutLet's give Dent another try here after that bullish breakout, looks ready for another leg-up!
Current Price= 0.011601
Buy Entry = 0.011405 - 0.010785
Take Profit= 0.013911 | 0.017053 | 0.020269
Stop Loss= 0.009687
Risk/Reward= 1:2 | 1:4.23 | 1:6.52
Expected Profit= +50.76% | +107.40% | +165.38%
Possible Loss= -25.38%
Fib. Retracement= 1.272 | 2 | 2.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
TrendyTrades: DENT May 2nd Analysis The yellow vertical lines on my charts indicate the last Friday of every month. Crypto seems to have a pattern with these dates in which it has a major leg up. Going with this idea, I have further analyzed the major key-levels in combination with various Supply and Demand zones to build my chart. Instead of hopping into this trade immediately, I would like to wait for a break down from the 1-week uptrend to the 2-Hour Key-Level and/or 1/4 Hour Demand Zone waiting below at around 0.0090600 . Entry here would be idea in hopes of a bounce back up to the 1 Hour Supply at around 0.0124500 . Since this supply has already been tested, I could except a break-through shortly after with price reaching the next Supply at around 0.0137388 . Depending on how price reacts to this area which has been tested once before on April 17 , we can see a break-upwards to the next Supply at around 0.0154000 with a 4-Hour key level just above that. BINANCE:DENTUSDT
#DENT - Looking Strong! Swing LONG Daily Time Frame Analysis
Entry - Current Price
Stop Loss - Below Support 1
Exit - Targets 1 + 2
Leverage 10 x
Risk to reward - 7 to 1
Daily Time Frame - Dent Reclaiming 0.5% Fib And daily Order Block support while also retesting these levels yesterday.
Dent looks ready to stuck swinging up again!
The bulls have taken control and we are long.
Best of luck! and may the gains be with you.
Good Year For Dent So Far ...Good Day folks,
I've been following/bought/sold DENT for three years now. Not much really happening till about February this year. That flat line prior to February goes back as far as you can see.
In the last year, DENT has a new year, 6 mth, 3 mth, and had a new 1 mth high so what's up. Well, about March 10 or 11 the MacD day trend dot appears and DENT goes wild with an almost 7X rise at April 9 where the Day trend dot appears again.
The rest of April was a downtrend which appears to have now reversed. The weekly MacD although fading green, is still green with an upturn, so positive. If this MacD day trend run is similar to the previous, we'll see a bit of sideways/accumulation between the two lower (purple) support/resistance areas, which reflects the slightly rollercoaster climb of the previous Day trend. Then mid May, a sharp upturn to the upper supp/res area where it'll either blow through (green arrow) or bounce back for accumulation with another run for the top (red arrows).
As I said, it's having a good year so far and there's going to be action in May.
My thoughts, not advice Oklah. Cheers
DENTUSDTENT is a great project but it has been dumped for a while , the problem about DENT is that it totally depend on Company News on twitter and still doesnt have any big investment in .
Right now we started an accumulation area which will raise up the price for some days as before and we will definitely see previous ATH at 0.022 .
In order to see new ATH it must accumulate near to that level but doesnt need long days or more money and if there is any new post from the company soon about new features we might see the price at least .033
We have 2 possible scenarios .
The first one to go up from this point and break the accumulation area .
The second one is to trade for a few days inside the accumulation area then go up .
Targets are : 0.022 , 0.033 , 0.051 , 0.06
DENTUSDT - Resistance is still there!DENT moved about 40% up since last night.
it was great pump but it didn't actually breakout. The main resistance is still there as you can see it on chart but if the market stays strong it might break it after doing another test. open your long positions once the price closed a 4H candle above the resistance area, that would be your bull flag.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
DENTUSDT Symmetric TriangleDENTUSDT (1H Chart) Technical Analysis Update
Symmetric Triangle Breakout
DENT/USDT currently trading at $0.01175
Buy-level: $0.01145 - $0.01175
Stop loss: $0.01080
Target 1: $0.01225
Target 2: $0.01280
Target 3: $0.01345
Target 4: $0.01485
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Dent to the moon ?Dent looks like accumulation at supply zone going on, volume profile at fixed range also suggest the same , as the POC( point of control ) also comes at same level , looks like weak hands are getting exchanged with strong ones .
volume study shows that with increase in price volume also increased which is bullish sign , now when price is consolidating volume is dried up this is also bullish sign this type of dried up volume in higher high market structure is called bullish accumulation volume .