DENTUSDTA volume diversion bar has formed on the daily chart. Fractal is above the 13ema and price has pushed into the high/low 5ema channel without crossing the high. Price is above the 200ema and RSI above 50, which tells us this is an up-trending market. The first target is the last fractal high or a volume diversion bar to the downside. A stop will be placed below the prior daily candle 13-01-2021. Enter on today's candle 14-01-2021. Good luck!
DENTUSDT
DENTUSDT completed BAT | Upto 80% expectedHi friends hope you are well, and welcome to the new update on Dent token.
On 12-hour chart, the price action of the Dent has completed final leg of bullish BAT and entered in potential reversal zone. There is also strong support of 200 simple moving average in PRZ level.
Buying and sell ranges:
The buying zone starts form 0.786 to 0.886 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 0.886 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has profit possibility of 80%, and the loss possibility is only 10.5%
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/USDT Analysis (5/1) #DENT $DENTDENT is in pretty bad situation when in this January it can fall pretty deep, possibly as low as 0.00012$. It is not advisable to hold DENT at this point.
Only when the DENT rises again and conquers 0.00024$ zone, it will be possible to rise again.
📅NEWS
No News
📈BUY
-Buy: 0.00018-0.00019$. SL if B
-Buy: 0.00014-0.00015$. SL if B
-Buy: 0.00011-0.00012$. SL if B
📉SELL
-Sell: 0.00018-0.00019$ if B. SL if A
-Sell: 0.00014-0.00015$ if B. SL if A
-Sell: 0.00011-0.00012$ if B. SL if A
♻️BACK-UP
-Buy: 0.00023-0.00024$ if A. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
DENT USDT In this chart we see that :-
1- the price now at 0.00021$
2- the price is near buy the support level 0.00019$
3- the price is in exact MA50
4- there is 2 positive buy signals from engineeringrobo
What we have to do ?
1- according to the positive buy signals it is ok if we take a position in this trade
2- if the price close above MA50 in daily frame it is ok to increase our position in the trade
important advice
always follow the ROBO signals and mange your trade successfully
trade with your own responsibility
DENTUSDT AnalysisI am neutral one DENT at the moment while EngineeringRobo remains bearish.
If you are holding DENT at the moment, you should continue to hold and pay close attention to see if the candles continue to trend upwards, or, if the candles break down through the uptrend support line (turning into resistance level). You should be aiming to sell at the .0002 resistance level. Though, since Risk /Reward ration is below 2, you should be very cautious with any trades.
If you are interested in buying DENT your options are:
-Buy now at the uptrend line
- Buy with EngineeringRobo signals
- Buy at the 0.0001 support level
If you buy with EngineeringRobo buy signals, pay close attention for those EngineeringRobo sell signals!
If you're looking to use EngineeringRobo, DM me!
DENTUSDT AnalysisAs of now, I'm BEARISH since there are 3 sell signals present.
So, this is not a good time to buy right now.
If you want to buy again, we have 4 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.00034) for 1D to buy,
3- You can buy when candles open-close above the up-trend line
4- You can buy when candles touching the support line (0.00020).
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
Binance :Top Gainers Today/ DENT/USDT +20%Binance :Top Gainers Today/ DENT/USDT +20%
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
DENT/USDT TA Update (Bulls Patiently Waiting?)DENT/USDT
DENT is starting to show some strength after the price manages to hit the same Lows around 1550 levels.
The RSI is in the neutral zone where it could pump bullish and the volume is completely flat indicating a large more is about to happen.
I'm only waiting for the price to get above 50MA, which will signal buyers' interest in this coin.
For now, I'm patiently waiting for the right confirmation to enter the market.
DENT/USDT TA Update (Break Bullish Pattern?)DENT/USDT
DENT is slowly breaking outside this bullish pattern but we still need the price to get above 50 Day MA with convincing volume.
If we can see price action to the upside in the coming few days, and a Higher Low for the first time.
There will be a sign of weakness against the bears. I will watch this coin develop further.
DENTUSDT formed bullish Butterfly | Upto 29% bullish movePriceline of DENT / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0002033 to 0.0001879
Sell between: 0.0002153 to 0.0002442
Regards,
Atif Akbar (moon333)