DENTUSDT
⭕DENTUSDT : Finally ,the double bottom completed !
Click the pic to read last post and detail.
We are waiting for 17 days from Oct.15th.
Finally ,the double bottom completed and the strategy is valid
SL:0.004978
TP1:0.008900
TP2:0.010896
TP3:0.011703
TP4:0.013436
TP5:0.016239
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DENT/USDTDent is one of the strongest projects and according to the model it has formed, I have the following goals for it. If it can close above the first support, it will achieve higher goals.I feel that in RSI,It should form the opposite pattern of head and shoulders and then continue on the path.
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.
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?
DENTUSDTThe chart has been created classic bullish patterns. One of the most important patterns, as we see, is a Symmetrical Triangle which you could watch it on the chart shows the price might go up again.
On the other hand, reversal head and shoulder could promote the price situation, as it has been Illustrated on the chart.
How ever, BTC.D chart should be reviewed to be sure about the trading position on the price condition, in addition, BTC price could accept or reject all the patterns here, as the result the bitcoin chart must be checked.
Moreover, there is prediction here about Cup & handle. The price might grow up above 0.012 incase our cup and handle be completed.
Additionally, RSI indicator on daily time frame indicates the up trend also promotes our analysis
To Sum up, as the chart illustration, there are 3 TPs, first TP is reversal head and shoulder, the second one is TP of our symmetrical tringle and the third one is belong to our prediction that means our cup and handle
Note :
There is no financial advise here, do your own research on the price and the last word is all of these patterns could be rejected by BTC price or BTC.D charts.