Dent
After Breaking Out The Channel DENT Can Break Next ResistanceHi friends hope you are well, and welcome to the new update on Dent token.
Broke out channel with bullish divergence:
On the daily time frame, Dent has broken out a down channel, for now it is rejected by $0.0055 resistance but there is also a bullish divergence appeared as priceline is forming higher high but the price action is failed in forming a new high. Therefore, Dent can breakout the resistance of $0.0055 then next resistance will be at $0.0075.
SMA and oscillator:
On weekly time frame, there is a good support of 100 simple movingaverge support and the Stochastic is suggesting that the market of Dent has been oversold as it has entered the oversold zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DENT is ready to take off!Dent is forming a clear pennant and looks decent on the weekly time frame. It needs to break out of the pennant to hit $0.068 as the first target. The next target at $0.3 requires a super bullish market but it's not impossible to reach.
In bearish scenario $0.001 is the first support for Dent.
After Testing Strongest Support | DENT Started Powerful ReversalHi, friends hope you are well, and welcome to the new update on Dent token.
Broke out channel:
On a daily time frame, at the start of Nov 2021 the priceline of Dent started the formation of a down channel. After testing the price support of $0.029, Dent finally broke out the resistance of this channel with powerful divergence. Now there is two major upcoming resistance in the way of Dent. One is $0.055 and the next will be $0.075. $0.075 can be key resistance.
Daily oscillators:
It can be also observed that on the daily time frame RSI and stochastic both oscillators were oversold and now both turned bullish together. Bother oscillators are also showing bullish divergence.
Weekly stochastic:
On the weekly time frame, the stochastic has given buying signal from the oversold zone. It can be noticed that whenever stochastic enters the oversold zone and turns bullish, the priceline follows the signal and start big rallies. Therefore, this time we can expect another big move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DENT has to break well respected MA Ribbon on 2-day chartDENT has to break well respected MA Ribbon on 2-day chart.
And this should occur with a break of the RSI resistance.
On OBV we are currently at an important support.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Why I'm Still Bullish on DENTHuge bullish pennant on the weekly, we've been building this structure for the whole year, and you know that the longer we take to break the structure, the harder we pump.
My target is five cents minimum, I think we could go way higher than that considering fomo and the news DENT has for the next year.
Trade accordingly.
DENT - Easy Double BottomDent is fast approaching a double bottom level where we may see price bounce off aggressively like it did in late July. For confirmation of bearish reversal, you can wait for the break of the red descending trendline.
It is possible to take short term short trades back to the double bottom but there will be limited gains. The bigger move will be the move up.
Trade Idea:
- Watch for price to continue correcting back to the double bottom region of 0.001500
- Once bullish price action appears, enter with stops below the structure (risk entry)
- For safe entry, watch for the break of the descending red trendline and enter with stops below the structure level
- Target the recent highs as first target and actively manage your other positions
Goodluck!
DENT trying to claim the main bullish channel back.You can see the symmetrical triangle, DENT bullish momentum is not quite there yet but we're close to the main bullish channel from 2020.
Claiming back the symmetrical channel would be great news for dent, this would mean that we're back in a bullish scenario.
Also claiming back all the moving averages will be key, slowly but surely I think it's possible.
BTC in the other hand is trading sideways and pumping not supper hard, but as long as we don't dump, I can see a bright future for DENT. As always this could fail, but I'm hopeful overall.
DENT recovering pretty well.I see some things that make me think DENT could pump in the short term.
First of all huge ascending triangle, we've broken some minor resistance, but we still have to break the top of the bigger ascending triangle, that will be a key area of resistance.
Thankfully for now, in the 1H time-frame, we've claimed the 50EMA, which is nice, claiming the 200EMA is the next step to get a confirmation of the uptrend. That could take a couple of days and even weeks.
Overall I like what I see, if BTC does its part and keeps holding 50k, I don't think we're seeing DENT any lower than this.
DENT USDT Dent looks like giving us an opportunity to enter .. either now (by buying partially and if it goes down you buy more) or wait until it breaks out .. which likely to happen
Green support line : very good place to set order for buying
Good Luck, (Good target and reachable if the market gets better and better)
Not a Financial Advice.
DENT MASSIVE GAINS AHEAD!DENT is about to make its move for the 5th wave. Still room for more downside/fakeout but this is going to rip once it does breakout. Last resort trade. if this fails, check out the ALICE trade in the link.
Consider a Donation:
BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC )
ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC)
USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20)
bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441
I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
DENT MASSIVE GAINS AHEAD! (Less clustered chart)DENT is about to make its final leg up to complete the impulse wave.
Consider a Donation:
BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC )
ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC)
USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20)
bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441
I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
DENT POSSIBLE MOVE TO THE UPSIDEIn this chart, Dent seems to be printing its previous pattern it followed in wave 1 (White). If it goes exactly as expected then the bottom should be in by tuesday which was when the previous pattern in the ellipse bottomed out as well, and the Stochastic RSI seems to be following the exact same pattern.
Should tuesday be the bottom, the next weekend after that should be when we reach our target which was also when the pattern in the ellipse reached its top for that move.
But there is a possibility we dip to 0.0048 levels, hence the second long tool.
If this helps out pls consider a donation🙏
No amount is too small.
BTC (BEP20): 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694
ETH (BEP20): 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694
USDT (BEP20): 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694
Thanks in advance.🙏
DENTUSDT Technical Analysis💎 DENTUSDT has broken above the resistance and the symmetrical triangle. After the pullback and retest it is expected to go higher.
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 0.005123 - 0.004657
☕️ TP1 0.005589
🍺 TP2 0.006173
🍻 TP3 0.006670
🍾 TP4 0.007301
🍷 TP5 0.007917
🍸 TP6 0.008500
🍹 TP7
🎁 TP8
🚫 SL 0.004616 - 0.004254
Good Luck 🎲
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DENT - Good IndicatorsSince BTC decided to do a nice little drop last night, basically knocking “most” alts down with it, I thought I’d review my watchlists to see what coins I follow were is primo position for positive movement.
As you can see I use a custom “MacD” I got off the TradingView list, and the Stochastic RSI for determining potential energy levels is my way of describing it.
This is like a perfect storm here. DENT has a solid history with a bright future. Right now, the MacD and RSI are at their lowest levels which actually resemble the same positions back in March. In addition we are waiting for a BTC run which could trigger another bullish run similar to March.
Using the gains from March of 959% I get a run up to 0.05 or a 10X run.
My thoughts, not advice Oklah. Cheers