DENTUSDT
Could DENT be one of the opportunities for an upcoming bull run?After showing a violent upward momentum during the last few weeks, DENT is now in a clear accumulation phase with strong support in the 56-57 area.
A breakout through the top of the compression triangle could trigger another upward breakout for this currency.
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!
DENTUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
DENT/USDT { DENT } - BULLISH SETUPANALYSIS 🔎
- DENT/USDT brokeout above the inverse head and shoulders pattern as expected from my previous analysis.
- Price hit a swing high and retraced.
- Price is currently testing the key fibonacci retracement zone (0.618 - 0.7 - 0.786).
- The pullback retracement was resisted by the bullish flag pattern.
- Price brokeout above the bullish flag's resistance as expected.
- Price is currently retesting the bullish flag's resistance and the key fibonacci retracement zone.
- Price action is showing a potential formation of the inverse head and shoulder's bullish pattern (not indicated to avoid crowded chart).
- There's an uptrend continuation potential.
BUY ENTRY ⬆️
Market entry: current market price.
- Stop limit entry: Breakout above the horizontal resistance level (@0.006290).
- Limit entry: possible short term retracement.
TARGETS 🎯
- Horizontal resistance level (@0.006290).
- Horizontal resistance level (@0.008900).
- Fibonacci extension levels 1.0 (@0.010841)
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level (0.004233)
DENT D challenge downtrend again !In DENTUSDT D
Price brokeout the NO.1 downtrend and retested it.
With the fan line theory we modify the downtrend like NO.2
If it can breakout and go up the neckline .
We can setup the plan
SL:0.004978
TP1:0.008900
TP2:0.010896
TP3:0.011703
TP4:0.013436
TP5:0.016239
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
DENT possible movedent possible move, when alt coins go up. BTC dominance falling, so move can come soon.
many alts went up x3 to x4 in the past week or even more
dent has been accumulating in this range and it didnt make a move yet,
i think its getting ready to break the trend line and after it could catch up with the rest of the market to the point of where most of the alts are.
its risky so trade it with caution and use Stop losses
not financial advice
DENT - Short Term 0,8 - 0,9$After observing the price action over the time frame I came up with the logical scenario that I saw.
Expected target on October 29, the price will return to $ 0.8-0.9.
Have a great time trading!
Always keep a cool head and don't be greedy!
Even if the probability is 99% correct, 1% wrong still makes us burn our property!
DENT Bullish Breakout soonSince DENT broke its trendline resistance of 1D chart, it has been consolidating near the newly created Demand zone while forming Right shoulder of the H&S pattern which can be observed on the chart.
It tried to break the Weekly Trendline resistance but failed to hold the price upward pushing the price below trendline again. The newly created demand zone managed to hold the support and it has been keeping the price stable for last couple of days while forming Right shoulder.
It wont be long before DENT tries for another breakout and this time combined with the Head and Shoulder pattern, it will most likely manage to successfully break above the resistance pushing the price towards its Local High.
DENTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price has broken our resistance and is currently playing the role of support. We expect the price to be able to touch its support line and move towards its target.
If it drops below the support line, it can move forward to the next support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
DENTUSDT Technical Analysis
⏳ Spot
💎 DENTUSDT has been moving along the Ascending channel and has been making HHs and HLs. It has got rejected from the Support zone and after the break out of the triangle it will go up to another major resistance
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 0.006175
☕️ TP1 0.007375
🍺 TP2 0.008860
🍻 TP3 0.012240
🍾 TP4 _________
🍷 TP5 _________
🍸 TP6 _________
🍹 TP7 _________
🎁 TP8 _________
🚫 SL 0.003575
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day