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DENTUSDT

DENTUSDT IS MAKING IMPULSE WAVEAssalamualaikum and good evening to my fellow trader, correction wave abc from a downtrend is a flat wave, we can see the price is directed to making a impulse wave 12345 (Elliot waves theory) Good RSI number. I traced the price using a Bollinger that is build in together with Fibonacci Retracement. and the price is at the btm of the bollinger means there will be upward move. A Doji star has been formed along with bullish confirmation at the start of next day. Thank You for your time, Always keep Stop loss. Biar tertinggal rocket ke bulan. Jangan tertinggal roket balik ke bumi. Happy Trading :D OH and i mistakenly put supply / demand at the wrong place. i was too damn sleepy
Long
by UbiKentangKeras
4
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
Long
by wolfofArabia
7
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.
Short
by Crypto-Swing
4
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.
Long
by Crypto-Swing
3
DENT/USDT : Rejected into a rising wedge BINANCE:DENTUSDT Hello everyone 😃 DENT has been rejected into a rising wedge ( It's formed by 2 bullish trendlines ). Now MACD is slightly bullish and MA 200 is below movement ! Current bearish trendline got one more chance to reject movement for breakout... But as DENT is approaching lower bullish trendline, MA 200 will try to support it from that level. So breakout and stay into rising wedge is very possible ! 📌 Also there is a support line at pointed level around MA200... How to break rising wedge then ? Sadly there is a MA 100 which is above movement and it will makes wedge's higher line stronger ! How ever rising wedge is a bearish pattern, But in bull markets; Most of them failed to lead the price to lower levels. So best opportunities for taking long on DENT is : - After confirmed breakout from bearish trendline. - After confirmed breakout above rising wedge and MA100. 🔴 Funding is slightly high across all the major exchanges. We can expect small dip during weekend so manage your risk accordingly and buy in parts. Don’t go all in single shot with high leverage otherwise you’ll be punished hard! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
4