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Dent

DENT BreakoutDENT/USDT 1W/1D Buying DENT here as well. Showing a similar setup to BTT, broke out of downtrend resistance on weekly/daily chart, respecting major uptrend after the correction with a falling wedge breakout and continuation pattern occurring and volume increasing. DENT is a low cap gem with good fundamentals, it operates a mobile phone network over the blockchain with solid partners and a working product on app stores. MACD on weekly showing crossover and in the green on the histogram. Fib projection on weekly outlook could see price head towards the 1.272 Not risking a lot of capital as I prefer larger cap coins and don’t like to be too diversified into smaller alt positions.
Long
by marshyyy
DENT USDT Descending triangle Based on my TA on the weekly TF, DENT is forming a descending triangle, and currently is forming higher highs and higher lows. and its trading above the 50MA I'd enter with a confirmation on the daily 2-3 candle sticks above $0.0068 most probably enter around $0.0069 with a SL = $0.006236 TP1: $0.0087 TP2: $0.011 TP3: $0.0139 TP4: $0.01736 TP5: $0.0226 *market structure was determined on the weekly TF *Entry and TP points were determined on the daily TF What do you think of this trade?
Long
by shammaalz
1
Easy 10x -and Likely MoreTA - forming a classic bullish pennant that simulates prior crypto market behavior (green box). We saw this fractal after a 30% retrace in January followed by confirmation of a bounce. Once we confirm this 13% retrace bounce, we'll see alts fly. With the likely price surge to at least 75k-100k in the next month (see related ideas) & the market showing signs of that parabolic move, alt-coins will undoubtedly repeat the Feb 8th pump we saw earlier this year. Meme coins are losing steam, and that money is going to transfer over to real coins once again. The thing is with dent, is that it's a utility token that I myself love the real-life practicality of. I plan on switching from Verizon to Dent sometime in the near future as I move from a very centralized life to de-platforming from corrupt big-tech and embodying a decentralized life. From coinmarketcap: coin ranking at the time of posting is #131 What Makes Dent Unique? Dent is a revolutionary player in the market of mobile communications and data services. Today, around half of the world’s population has restricted access to mobile services because of the high prices traditional mobile carriers offer. Dent brings in the power of blockchain technology to revolutionize this and provide global access to mobile airtime and data. Dent eliminates the understanding that your mobile data is tied to your location by becoming a global digital mobile operator. Dent offers plans that suit today’s global citizens’ needs by removing roaming fees and introducing international mobile plans. Everything on the Dent platform is purchased through DENT tokens, meaning that all transactions are recorded on the blockchain, and there is no chance for a customer to pay for something and not receive it. Unlike traditional mobile operators, Dent aims to make mobile airtime and data available globally to anyone interested, regardless of their location.
Long
by Ungovernable
4
DENTUSDT - Good entry timing after thatBINANCE:DENTUSDT 1H trend chart - DENT has broken out a downtrend line, but got resisted further. It is consolidating as a descending wedge, and there is an obvious zone around Fib(0.618). If price can break out the upper downtrend line, trading strategy as below. - Profit Targets: a) 0.006920----Fib(1) b) 0.007775~0.008120----Fib(1.272~1.382) c) 0.008862-----Fib(1.618) Stop losses: a) 0.005632-----Red horizontal line - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
1
DENTUSDT - Next challenge and predictable highsBINANCE:DENTUSDT 4H trend chart - DENT has consolidated for around 2 months since hit $0.0085 During this consolidation, it is forming a support zone(pink rectangle) Also, there are two downtrend lines, short-term(orange) and long-term(deep blue). Now, price has broken out the short-term trend line, and it's really good for bull sign. I think it will eventually take out the long-term one, and if it does, trading strategy as below. - Profit Targets: a) 0.006920----Fib(1) b) 0.007771~0.008116----Fib(1.272~1.382) c) 0.00885-----Fib(1.618) Stop losses: a) SL will be set up after price breaks out the upper downtrend line - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
1