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.
Dentusdtanalysis
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 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.
DENT/USDT TRADE SETUP! READY TO PUMP 1000% LONGHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LONG #DENT is about to breakout this descending triangle pattern.
ENTRY: CMP and add more in dip up to $0.00333
SELL- 1000%
LEVERAGE: 3x
STOP LOSS: $0.0003
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
DENT/USDT Potential To pump %100Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
#DENT making this falling wedge pattern.
ENTRY- $0.0022 - $0.0024
TARGET- 100%
SL- If it breaks and closes below the $0.002
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
DENTUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 0.082 - 0.01 - 0.012
after first target reached move ur stop to breakeven
stop: ~0.005 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
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DENT breakout sideways potential Based on my TA, DENT is currently trading in sideways and is forming higher lows. and its trending above the 200MA which is a good indication to for an uptrend market structure.
I'd go long with 2-3 4hrs candles closure above $0.0082
SL: $0.0066
TP1:$0.0102
TP2:$0.0129
TP3:$0.0156
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?
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
DENTUSDT (4h CHART) - Resistance Breakout!
DENTUSDT (4h CHART) Technical Analysis
DENT/USDT(4h CHART) currently trading at $0.00662
Buy-level: Above $0.00650
Stop loss: Below $0.00577
Target 1: $0.00723
Target 2: $0.00793
Target 3: $0.00887
Target 4: $0.00998
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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DENT IS INTERESTING. :)Hello, hope you all are safe and doing good. Today I am publishing my idea on DENT, which to me, has been quite interesting to follow. In general, you can make good money with it. I will mention two scenarios and give the reasons for both. In general it has followed a downtrend channel, with two areas. It recently jumped from the the low area to a higher one in the downtrend channel.
FIRST SCENARIO- It has the number 1 in the chart. This scenario has the chance to play out more than the other one. It looks as it has played a small bullish move for the future and the long term, and it actually did. I see it prolly very profitable in the close future. But as for the short, I RSI indicators and many other indicators show that it could make e rejection at the blue line, dropping in a small are of support and then after a small jump going to the other line of support (white line) to relax the indicators for a move on the high level. In the short term I see it trying to go to 0.0097, but a rejection there would take it to 0.0077-0.0081 area and more rejection would take it to 0.0054-0.0056 area. In general it must not close under the orange line for the long term scenario as it looks as it is forming a cup pattern.
SCENARIO 2- In this scenario, if a good volume is put through it, it could break up to 0.0019-0.002 area, a retest and period of consolidation there, in order for a jump to new highs and new ATH. if this one happens (do not get twisted with a fake out in that area, be careful when to enter, it needs to retest there), in short term will be bullish, but in mid term it may turn quite bear at some point, and you need to be careful. But I see that RSI needs more relaxing, so if this moves happens, it will be good for the short, but not good for the mid term.
If you have any comment or idea, share it with me. Be careful trading, be smart and patient. Good luck. :)
DENTUSDT Inverse Head and ShoulderDENTUSDT (1H CHART) Technical Analysis Update
Inverse Head and Shoulder
DENT/USDT currently trading at $0.0095
Buy-level: $0.0090 - $0.0095
Stop loss: Below $0.0080
Target 1: $0.0105
Target 2: $0.0112
Target 3: $0.0124
Target 4: $0.0135
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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