DENT - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
DENT is approaching a demand area in green, we will be looking for buy setups.
on H1: DENT formed an inverse head and shoulders pattern but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, DENT would be overall bearish can still test the demand zone before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Dent
DENTUSDT Inverse Head and ShoulderDENTUSDT (1H CHART) Technical Analysis Update
Inverse Head and Shoulder
DENT/USDT currently trading at $0.0095
Buy-level: $0.0090 - $0.0095
Stop loss: Below $0.0080
Target 1: $0.0105
Target 2: $0.0112
Target 3: $0.0124
Target 4: $0.0135
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
A DENT HAS BEEN PUT IN DENT'S MARCHIf the confluence of resistance is broken, it will sure be a valid upward momentum, but for now, considering the grand scheme of the things, it seems like a tall order! DENT is imprisoned between MA30 and MA50. The upper boundary of the channel seems relentless with MA50 running alongside it. However, one thing is for sure, the upper line of the channel is growing softer with every swing DENT throws at it! Critical support areas have been designated in blue! Critical resistance zones have been drawn in red! Let's see how things roll out! I gather there will be another leg down to muster the strength needed to smash through the hurdles!
DENT LONGCoin: DENT
Bias: BUY
FILTER Time Frame: DAILY, H1
After a massive dumb, looking forward to see dent back to bullish trend. Key ressistance at 0.095250 if broken and restested successfully might be a key support for dent to return back to bullish run.
S1, S2 & S3 are key suppot level for long entry.
🔥 DENT Classic Bullish Wedge Break OutAfter seeing immense returns a couple of weeks ago, DENT has lost over 75% of its value over the course of three weeks.
Currently, DENT is seeing a strong bounce after the BTC sell-off of two days ago. This bounce has launched DENT up, breaking through the wedge resistance. This break out might be the start of a new bullish push upward, potentially getting back to the ATH value in a couple of weeks.
Happy trading!
DENTUSDT short-term expected return 100%Hello everyone,
this is my 12th recommendation in the crypto market for this cycle and the one that has 2nd biggest weight in my portfolio. as I start every post first let me briefly describe what you see on the chart. In white you can see the price of DENTUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (16, 32, 64, 128, 256, 512, 1024, 2048, 4096). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal to the closing price of 2H period ( to remove the distortions for the purpose of simplification). This chart covers the past 6 months.
Now, let's get to the analysis. In this chart, the long term moving averages (4096, 2048, 1024, 512) are rising smoothly with moderate curvature, and diverging away from each other which means that DENTUSDT has moderate long-term volatility, and it's return is increasing over the long-term. it also has very strong long-term trend, it doubles on average every 16 days. while the mid-term moving average (256) is in stationary state around $0.014, which indicates mid-term stationarity. finally, the short-term moving averages (128, 64, 32, 16) are curving down which indicate short term down trend caused by a series of huge liquidations. as a matter of fact, the mid-term stationarity is stronger than the short-term down trend, which simply indicates that the price is more probably going to return to the mid-term stationary moving average(256). In this case, this indicates a minimum of 60% and a maximum of 150% return over the short-term(as shown on the chart). Now, the conclusion is that DENTUSDT has desirable return-volatility profile and is expected to be among the best performing crypto-assets over the short-term.
please note that the best risk management strategy is to avoid leverage and to form a well diversified portfolio.
please follow in order to see updates on the idea, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them, you can also tip me through my DENT wallet address bellow:
0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
thanks
Mustafa
DENT – Risks ManifestElliott wave analysis is very subjective, and in hindsight often makes perfect sense, after making adjustments to fit the outcome. So it is in the case of DENT. What appeared to be a wave 4 correction getting ready for a Wave 5 impulse to a new All Time High, has suddenly turned into a corrective A-Wave after a steep price plunge below the start of the movement down to 0.075732.
This forces the April 5 high to be reinterpreted as a wave 5 peak, that in turns complete all the other larger wave movements.
From here it appears to me that there is another dip pending below 0.00757 before a B-wave correction and a final capitulation in a C-wave movement.
Noting that the current trend is bearish, the completion of a Head and Shoulders pattern with this price plunge, basically ends the DENT story, at least for the time being.
Fortunately there are many more bullish projects to turn one’s attention to.
DENT - Buy Setup Forming - Update!Hello everyone, if you like the idea, do not forget to support with a like and follow.
DENT is approaching a demand area in green, we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right?
Our upper red trendline 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 break the demand zone downward.
In this case, we will be looking for new buy setups to form around the lower demand zone.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DENT - Another updateA brief update on DENT following the breakout of its declining channel. The 1D MA9 has crossed bearish below the 1D MA 20 and you may wonder if this is a bad omen. However, if you look carefully at March 6, you will notice that this also happened there, immediately before the commencement of a rally to new highs.
The most immediate obstacle for DENT to overcome is the Fan Resistance line currently suppressing the price action. Once through that, though, there could well be a rapid appreciation to 0.02.
DENT BUYING OPPORTUNITYHello all, welcome here! Hope you'll doing well and are already in profits through my last signals.
Here is another opportunity in DENT/USDT
Take Entry at 0.012----0.0115
TP 1 0.02
TP 2 0.03
TP 3 0.04
Note: Before take an entry do your own research also. This is not a financial advice.
Follow to get more updates.
Good luck.