DENTUSDT
DENT Price AnalysisThe price of the DENT is in a downtrend, characterized by a series of lower highs and lower lows within a well-defined descending channel. This pattern has been in play since March 2024, indicating sustained bearish pressure on the asset. The price has repeatedly attempted to break out of this channel but has consistently been met with selling pressure, driving it back down.
Key resistance zones (Green) have formed at $0.001489 - $0.001578. The Green zone has historically acted as a strong resistance, as seen from multiple failed attempts to breach this zone. A breakout above $0.000933 level could signal a potential trend reversal, but the prevailing downtrend suggests that this level will likely continue to cap any upside attempts.
On the support side, the price has recently found footing at $0.000730 level and the price recently bounced from the middle of the descending channel. This level is crucial for the bulls, as a breakdown below it could lead to further declines, with the next significant support zone (Blue) at $0.000557 - $0.000582 . This latter level is particularly noteworthy, as it represents a previous low from October 2023, marking a possible target if the bearish momentum persists.
Currently, the price is hovering around $0.000785, near the support level at $0.000730, following a minor rebound from the middle on the descending channel. This recent price action appears to be more of a corrective bounce within the overall downtrend, rather than a signal of a trend reversal. Unless the price manages to break above the $0.000933 resistance and the descending channel, the bearish outlook remains dominant.
DENT In a descending channel The price of the DENT is in a downtrend, characterized by a series of lower highs and lower lows within a well-defined descending channel. This pattern has been in play since March 2024, indicating sustained bearish pressure on the asset. The price has repeatedly attempted to break out of this channel but has consistently been met with selling pressure, driving it back down.
Key resistance zones (Green) have formed at $0.001489 - $0.001578. The Green zone has historically acted as a strong resistance, as seen from multiple failed attempts to breach this zone. The $0.000933 level coincides with the upper boundary of the descending channel, making it a critical level to watch. A breakout above this could signal a potential trend reversal, but the prevailing downtrend suggests that this level will likely continue to cap any upside attempts.
On the support side, the price has recently found footing at $0.000730 level, which aligns with the middle of the descending channel. This level is crucial for the bulls, as a breakdown below it could lead to further declines, with the next significant support zone (Blue) at $0.000557 - $0.000582 . This latter level is particularly noteworthy, as it represents a previous low from October 2023, marking a possible target if the bearish momentum persists.
Currently, the price is hovering around $0.000832, near the middle of the channel, following a minor rebound from the $0.000730 support. This recent price action appears to be more of a corrective bounce within the overall downtrend, rather than a signal of a trend reversal. Unless the price manages to break above the $0.000933 resistance and the descending channel, the bearish outlook remains dominant.
DENT Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
DENT is in the accumulation range, and with the current rebound, it is likely to test the resistance trendline at $0.001374.
DENT must hold the current support level to continue its bullish move. A weekly close below the green box would negatively impact the price.
Key levels:
- Support/Accumulation: $0.000570 to CMP.
- Primary Resistance: $0.001374.
- Targets: T1 $0.002310, T2 $0.007363, T3 $0.01846.
- Invalidation: A close below the support range.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
DENTUSDT ⚛️ Long Term Spot IdeaWhat's up guys! Crazy moment we're living in the Crypto Market these days. BTC halving coming really soon and things could get really volatile real quick! It's really a great moment to have a plan of action to protect your assets.
Alright, so I've been asked to share my idea for DENT crypto coin and this is my plan of action.
1) DENT has been in a strong accumultion range for a long time and if you take a look at the bigger picture, you'll notice that it still is stuck in the range. I've marked the zones of this range with big yellow rectangles as shown in the chart.
2) When and where to buy? The best possible area is the lower band of the range but for that we would need a drop in the market which could have already been triggered after touching the resistance band of the range. The other way is wait for the proper confirmation that DENT got activated by buyers and enter at the breakout of the resistance zone which is also marked in the chart with some buy icons.
Optimal buy zone: 0.000479 - 0.000800
Second chance buy zone: Break and re-test of resistance from the range at about 0.002800
For the second chance, price entry won't feel as a sniper entry but still is early for the profits you are aiming for.
3) Where to take profits? There are 2 major zones but the most magnet wise that DENT has it's 0.01200 because in the bigger picture this is a critical round number area which price pierced through and then re-tested as resistance so this means it's a level that actually turned support then resistance which is wildly known as a FLIP ZONE in technical analysis. That's why I believe price is going to get some reaction for sure to this level.
Now, if you've got diamond hands then HODL DENT might not only re-test ATH but in the upcoming bull run, DENT will be making newer higher highs and breaking out the ATH for sure. However, we don't know HOW LONG is going to take until this plays out but most likely by 2025.
I hope you found this idea helpful.
Tip of the Day: Don't freak out if things don't go your way. Just take a breather, take a walk, have some fresh air and come back calmer. You'll definitely be making better decisions when you have a clear and calmer state of mind.
As always, keep it Shiny ⚛️
Kina, The Girly Trader
DENT is bearishAfter the bearish CH, the price structure has become bearish.
By maintaining the resistance swap range, it can drop towards the targets.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
DENT Technical Analysis and Trade Idea #DENT USDT has exhibited bearish tendencies on the higher time frame. Currently, we are witnessing a significant move into a key support level. In the accompanying video, we explore a potential trading opportunity, contingent upon the development of favorable price action. We identify key support and resistance levels, we look at chart patterns, price action analysis, and a particular form of price behavior that, if advantageous, would warrant market entry. As a disclaimer, the information provided is solely for educational purposes and should not be construed as financial advice. Trading carries inherent risks, and it is imperative to implement sound risk management practices at all times.
DENT/USDT - Dent: Super Trend◳◱ On the $DENT/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.001984 | 0.002126 | 0.002449 and support near 0.001661 | 0.00148 | 0.001157. Entering trades at 0.001895 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Dent
▣ Rank: 340
▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Hitbtc
▣ Category/Sector: Services - Data Management
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.001895 ₮
▣ 24HVol: 2,652,358.949 ₮
▣ 24H Chng: 5.866%
▣ 7-Days Chng: 3.03%
▣ 1-Month Chng: -13.69%
▣ 3-Months Chng: 80.67%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.001984 | 0.002126 | 0.002449
◢ Support: 0.001661 | 0.00148 | 0.001157
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.71
▣ Last 90D: 2.53
▣ Last 1-Y: 0.92
▣ Last 3-Y: -0.02
◲◰ Volatility :
▣ Last 30D: 1.04
▣ Last 90D: 1.03
▣ Last 1-Y: 0.77
▣ Last 3-Y: 1.18
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.57 - Bullish
▣ Reddit sentiment score is 0.30 - Bearish
▣ In-depth DENTUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
DENT - Huge potential after the breakout BINANCE:DENTUSDT (1D CHART) Technical Analysis Update
DENT is currently trading at $0.00150 and showing overall bullish sentiment and looking to breakout from the resistance.
Once the resistance is broken we can expect the price to reach the next target around 0.002200 and the another resistance is around 0.004014
Entry level: $ 0.001500 (after candle close above this price)
Stop loss level: $ 0.001178
Target 1: $ 0.001682
Target 2: $ 0.001997
Target 3: $ 0.002400
Target 4: $ 0.003211
Target 4: $ 0.004014
Max Leverage: 3x
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
DENT will posibly shoot high, and here is why BINANCE:DENTUSDT Dent is stuck at a specific level.
What will happen to it? Will it drop? Will it rise?
Here are several factors that could contribute to a potential decline📉 in value:
Market Indecision: Over recent days, DENT has encountered challenges maintaining its position at a particular price level, reflecting uncertainty in the market.
Price Adjustment: DENT has experienced a remarkable 120% surge in value over the past month, potentially necessitating a correction to realign its price with market dynamics.
RSI Analysis: RSI suggests that DENT may be oversold, indicated by a slight dip in the RSI, highlighted in yellow. This could signal a period of consolidation or potential downward movement in the near term.
Here are a several factors that could contribute to a potential increase📈 in value:
Strong Support. DENT is currently positioned within a nice support area marked by multiple trendlines, indicating a strong area for potential upward movement.
Past instances reveal that relying solely on RSI indicators may not always yield accurate predictions. For example, on December 13th, 2023, when DENT was valued at 0.001037, the RSI signaled an oversold condition. Despite this, DENT initially experienced a 12% drop before ultimately surging by 73%. This demonstrates the potential for market dynamics to override RSI signals, suggesting that DENT's current situation may be more favorable than RSI indicators imply.
With that noted, I got my order set on 0.001793 on LONG. It might seem unlikely that price will reach here, but if it will, it would yield a nice profit. Entering the trade right now seems really risky, since you can lose a lot if it breaks the support. I prefer to wait for a slight possibility of the price dropping to my desired level, allowing me to enter the position more securely with reduced risk, as opposed to entering it immediately and facing a higher probability of financial loss.
DISCLAIMER: I am not responsible for your losses or profits, I simply just share ideas. Please don't make trades purely because I told you to, look at the chart yourself and evaluate if this is a nice long or short position
DENTUSDT 150% PotencialDENTUSDT Technical analysis update
DENTUSDT price exceeded its resistance zone on the day chart after a 650-day consolidation period. While this could indicate a potential breakout. if the price breaks we can expect a 150% up move.
Buy zone: Below $0.00155
Stop Loss:$0.00120
Regards
Hexa
DENT after the pullback can continue to go upDENT after the pullback can continue to go up.
🔵Entry Zone 0.0013982 - 0.001458
🔴SL 0.001311
🟢TP1 0.001591
🟢TP2 0.001798
🟢TP3 0.002085
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
DENT ANALYSIS (1D)The SAND chart also seems to have completed its diametric wave F and we will soon see a drop for wave G.
The F wave of this diametric can end in the red range. We are looking for a sell/short position in the red range
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DENT ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to SEL/SHORT the DENT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Dent Double Breakout Dentusdt
In the 4-hour timeframe of Dentusdt, we have observed a double breakout. The symmetrical pattern was initially broken, followed by the bullish flag pattern. This double breakout indicates a potential bullish move in the near future. The breakout has happened successfully, and the price is expected to rise by 30-50% in the upcoming days. Traders can consider entering long positions to take advantage of the bullish move, but it's important to manage the risk properly. We suggest placing stop-loss orders to protect your investment in case the price drops unexpectedly. Keep a close eye on the price action and volume to confirm the bullish trend's continuation.