Dent
DENT 12h Global analysis, support and resistance levelsWe would like to bring to your attention the global analysis of the DENTUSDT pair
In just 3 months, the price of the DENTUSD pair increased by 8100%, a very cool result.
Share your thoughts in the comments, why did the coin go up so much? And are there any prerequisites for continued growth?
Indeed, the last time a coin was pumped was in December 2017 - January 2018
And after that, DENT was lying at the bottom for three years, nobody needs it.
And now someone decided to breathe a second chance at life into him.
From the point of view of TA, there are prerequisites for continued growth to $0.027
However, before that, it would be worthwhile for the price to adjust and gain strength for a further shot upwards.
Correction levels are $0.0103 and $0.0086
If the price goes below these levels, then it will be necessary to revise and recalculate the possible future scenario of price movement.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Is DENT soon going to be dented? DENT has been moving in an descending triangle for sometime now. EMA 25 which was until now working as support has now working as Resistance, which is a good sign of it moving downwards.
May be in couple of days we might witness a potential breakout close to 0.0095613. Post that it would be hard to stop this heavy metal from dropping. This will open opportunities for traders.
Target 1 can give us a profit of 22% and if it decides to drop further then get to ready for additional 21% profit.
Keep your eyes open and wait for DENT to be dented :)
If you like my analysis then dont forget to throw a link and leave your comments. Also let me know if you want me to analyse any specific currency pair for you :)
NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely
$DENT - $DENTBTC - Potential breakout soonI've been following KUCOIN:DENTBTC for quite some time and it's starting to show signs of reversal. There are several bottom wicks on the latest 15m candles and has had plenty of time for accumulation at rock bottom RSI.
This could potentially breakout and we could see some nice gains. Stop losses should be tight to protect against unforeseen market changes.
Dent next stop 0.0189 $Dent is back again with a simple triangle wedge and a bullish outside bar (orange bar inside, i.e. whales on 2 hour)
We might get a pull back retesting back to the triangle wedge, but with no doubt i see a clear break on 2 hour and towards to the next leg around 0.0189 dollar.
Like you told me to spot again, Feel free to hitt the like button and like and share your thoughts.
Peace