🆓district0x (DNT) June-27 #DNT $DNTThe buying force at $0.12 is quite strong and it always creates strong rallies for DNT. So if DNT doesn't lose this zone, it will easily get a stronger rally in July to $0.19, $0.26 and $0.30 zones. However, if it loses the $0.12 zone, it will continue to fall back to the $0.08 zone
📈BUY
🔴Buy : 0.117-0.123$. SL if B
📉SELL
🔴Sell : 0.186-0.194$. SL if A
🔴Sell : 0.255-0.265$. SL if A
🔴Sell : 0.293-0.307$. SL if A
♻️BACK-UP
🔵Sell : 0.117-0.123$ if B. SL if A
🔵Buy : 0.078-0.082$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
District0x
DNT on the verge of a big moveGoing on LOG chart, we can find an ascending line. If we break and close below this line(below 300 sat), we may revisit the 150sat.
In my opinion, DNT has the potential to shock everyone and I am a long term bull. Anything below 1usd is cheap, if you are looking for the next 5-10 years investment horizon.
I will not sell anything below 20usd per coin. When it comes to dnt/btc value, I think we will have new ALL TIME HIGHS in 2022.
Have a nice day ! Happy investing !
District0x 200MA InceptionDNT on the weekly chart can be seen to have given birth to the 200MA on the USD pair
this implies volatility
while on the monthly chart price is clearly sitting above the Gaussian channel, which is also very bullish
Great one to hold
BTC and DNT - Strange Similarities You wouldn't even think a comparison between DNT a small cap altcoin and Bitcoin would be relevant
Yet it works
Almost identical MACD structures and also price structures
extremely interesting
Testing the 50MA for a bullish rejection
District0x - Bullish Rounded TopDistrict0x is one of my favourite coins
It has formed this rounded top structure while in stages of reversal from a large bear market, in fact it has reversed a lot
I think this reversal will continue throughout the year, with this structure leading to a bullish breakout
It just takes time
Bullish hidden divergence on the weekly chart of DNTHidden bullish divergence happens when the price is making a higher low (HL), but the RSI is showing a lower low (LL).
Based on this, in the next few weeks, I am expecting a strong bounce from here.
Stay safe!
$ZRX looks promising for break outCoins that accumulate slowly without much hype such as District Ox has gained my attention. Coiling in a small triangle, 4th touch so should see it break higher now. A 5th touch and further consolidation within the triangle would not be ideal.
Need to see good volume.
DNT/USDT - Symmetrical Triangle breakThere's hardly anywhere in literature where you don't find a triangle.
DNT BIG MOVE is coming DNT is ready to break the consolidation pattern and get ready for the big move
Buying it on support and holding it for target.
Stop loss will below the support line
DNT pump far from overJust re entered into DNT
Structure forming looks extremely bullish
Looks like the beginning of a large bull move
Both on the BTC and USD pair
I really like this coin, I just question its long term potential
Meme factory is a banger
Where is DNT going?Possible areas of interest for district0x
I expect this coin to perform well, as it has in the past
This bullflag forming shows potential,
great buying opportunity
DNT/USDT - 4h - Analysis published on 03/15/2021Hey guys, it’s Cosmo 👩🚀 and I’m sharing a market update with you this Morning: We recognized unusual high exchange inflows of BTC in the last 24 hours (1. Coinbase Pro: 46 BTC, 2. Gemini: 19 BTC, 3. Bitstamp: 19 BTC, …). Exchange inflows traditionally signal intention to sell … and BTC is moving already!
Let’s better be prepared … I took some profits on my long BTC position and I’m looking for some more SHORTS to hedge the remaining portfolio of LONGS against a possibly continuing dip of the general market.
Today I’m analyzing the district0x (DNT) Token against USD:
So, let's get started 😃 … Summary of the Analysis: DNT/USDT (4 hours time frame)
Trends: Short Term - Bearish & Long Term - Strongly Bearish
Crypto Screener™ (by TradingView) Rating: BUY
Technical Indicators (by TradingView & intotheblock): SELL
- Summary: 11 Bearish; 10 Neutral & 5 Bullish
- Oscillators: 2 Bearish; 9 Neutral & 0 Bullish
- Moving Averages: 9 Bearish; 1 Neutral & 5 Bullish
Fundamentals: SELL
- Circulating/ Total Supply = 60%; Max Supply unconfirmed --> SELL
- 648 out of 1,000 Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto) --> SELL
- No SIMETRY™ Rating (by Crypto Briefing)
- B Rating with stable outlook by TokenInsight
- 49.2% out of 100% Asset Score™ by TokenInsight --> SELL
- No Dynamic Performance Score™ by TokenInsight
AI (Artificial Intelligence) by CENTRALCHARTS: SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): neutral
- 4h (4 hours frame): neutral
- 1D (1 day frame): positive
- 7d (last 7 days): neutral
My Opinion: SELL - Bearish under USD 0.350
My targets: USD 0.248 (-11.2%), USD 0.213 (-23.7%) & USD 0.172 (-38.4% from current price level)
DNT/USDT follows a strong bearish trend since relative high on 02/13/2021. Traders may consider only short (sell) positions if the price stays well below USD 0.350 (Stop Loss Level = 1st light green line above current price; +25.3% from current price level). Next support levels are indicated as light red lines in the chart. A bearish breakout below a support line would increase bearish momentum.
Signal Force (0-10): 6 = strong force
To sum up my opinion: I’m convinced that the district0x (DNT) Token is substantially overpriced with the recent PUMP ACTION (I still remember the last big pump and dump in 2018 !!!) and will retrace back to it’s lows from before the parabolic move (around USD 0.12).
We broke monthly VWAP (volume weighted average price) downwards today (on 03/15/2021) which is a strong SELL signal.
Please note that as a Hedge Fund Manager I would NEVER go outright short = only sell short ... I always have potentially overperforming coins or tokens long against the shorts!
The trick is, that (because of good research) the longs perform better than the shorts in all market situations.
Like and follow as the next analysis will focus on over- and underperforming (compared to BTC & USD) Coins or Tokens again.
With this information you'll then be able to go LONG potentially overperforming Coins/ Tokens and to go SHORT potentially underperforming Coins/ Tokens and to do what the big guys do 🤑: Organize your Crypto Portfolio as a Hedge Fund.
Heard about this? With this successful trading strategy😍🍀💵 you'll be able to make money in all market situations and independent from the price action and level!
Happy trading … please like, follow and comment!
Published on 03/15/2021, 12:30 PM (UTC+1)
Next Short-term Targets on DNTUSDC ~ 0.35 or 0.235DNTUSDC is potentially headed to $0.357 once it clears $0.30 level with a strong close above it. Unless there is major volume to push through the 0.357 level, expect a pullback/retest of $0.30 area.
The pair is still fighting a ton of resistance so I wouldn’t rule out a quick pullback to the area of $0.235. Four hour chartlooks strong and an engulfing bullish daily candle with a decent BTC close would be super bullish.
DNT descending triangleI had a buddy last week mention DNT forming a descending triangle with bearish divergence, and it looks like this may be what he is talking about. I think this looks like it could be very bullish, as that reversal looks like a bit of consolidation before we fly again... are we looking for more volume before the latter is the case or is this clearly bearish? It does seem to be resting around .30, so also thinking this could trend up to the .50 mark sometime in the near future. What do you see on your chart? Always doing more research trying to lock these patterns and trends in. Cheers and as always, thanks for the input!!
DNTUSDC Back In The Game! Looks like district0x is following the trend and dipped just for couple seconds into the trendline and previous support. Entered at 0.25 and the target is 0.45 now. Bullish raid continues!
DNTUSD Descending Triangle Pattern District0x is in final stage of descending triangle pattern. My prediction is that price will drop to 0.18 area and then break the downtrend. The bullish raid should end close to 0.24 or higher. Altcoins are making nice surprises lately so don't be afraid to hold it for a little longer. Thanks
DNT Approaches The Third BreakoutGuys and gals, I think we are approaching the third breakout! DNT is looking strong, yet again, and is making some attractive moves on the price line that appears to be giving us a sneak preview of what's to come.
This is the 3rd ride for me. I took the first ride from 0.0077 to over seven cents and sold for a 9X return. Not a bad swing trade for holding approximately 2 months. I took the second ride from 0.049 average to 0.185 for a 4X return. Yet another great swing trade after holding for 2 months. This time, I have been accumulating all throughout the correction after the last peak, and I'm holding a nice bag after five purchases for a dollar-cost average of about 0.13. As you can see, we are trading above that green base level price, and it looks like it is holding strong.
That quick pop to 0.25 was just a sneak preview, in my opinion, showing the strength of the next move when we make the official breakout to the next level. I LOVE what this project is all about, and that makes it all the more fun to play it. I'm a swing trader though, and I'll be the first to admit that I'm in this for the MONEY. But this time I may hold on for a longer period of time, because I think this project has a very high up side potential, based on the numbers. With a total supply of 1B and a circulating supply of only 751,221,716 this little gem has quite the potential to make a strong move in the future.
If you look at similar projects with almost THREE TIMES the total and circulating supply that have popped to $1 during this alt season, I think it's very safe to assume that we could see DNT breaking above $2 in the coming months. Some are even projecting a peak run of up to $10. But we have to realize that it's just speculation. EVERYTHING in this crypto sector is purely speculative, and dangerous. There are risks. But if you don't roll the dice, you can't get the big fat returns. My strategy is to swing trade, and play with "free money". After my first two successful swing trades, I'm playing with no money out of pocket. So my risk tolerance is super high. If I have to gamble, I love to take on projects that have the metrics like this one, not to mention the fact that District0x is involved in one of the hottest sectors: Non-Fungible Tokens.
While everyone else is clamoring over Bitcoin and Ethereum, I'm good with playing these little CoinbasePro "gold mine" USDC pair projects that give me MUCH bigger returns for the money. My strategy is to ride these little projects and take in the 5X, 10X, and 20X gains and THEN roll them into the big boys ETH, LTC, and BTC for the fall run. By the time I get done flipping these small cap projects, I'll have gained enough to cover my initial investment and then flip the gains into the more stable "big boy" projects for the long haul. This is what works for me, but you've got to play the market in the best way that fits YOUR risk tolerance level.
As usual, don't blindly take the advice of random TradingView authors. Do your OWN due diligence, and don't blame anyone else for your own losses. I'm not your financial advisor, I'm just a hot-dogger that loves to flip tokens and fatten my bags!
Keep your eyes on this one, and don't sleep on District0X!
Carlton Flowers
The CryptoPro
Bullish Pennant FormationLooks like DNT is about to become TNT. Excuse my horrible explosion joke. Were starting to see higher trade volumes and potential breakouts. This one's gonna be on the move fella's
DNT bullish?I am fairly new at reading charts but wanted to post to compare my thoughts and ideas with what yall are seeing. From what I gather, this is a bullish trend? Beautiful chart right now though, I must say. My prediction is it will break out of the pendant and bulls will drive it to the next resistance line, or it will break out in a downward trend and test lower lows. What are people thinking about this one?
district0x/DNT - AccumulationLet's have some fun. We are in the accumulation about 60 days from the last pump.
There was no dump after that pump which is good signal that the support is strong and we could be prepare for an another leg up.
HIGH RISK!
DNT - Potential 163% Move DNT district0x - Potential 163% Move!
DNT almost done consolidating.
Support Zone: 0.108620
Bullish Indicators
-Stochastic: 30m, in sub 20 zone
1H, in the 50 zone
-RSI: 50 zone for both 30m & 1H TF.
-MacD: we still need this to cross above the neutral line. Look for this to happen at/near support.
-Histogram: we still need this to start flattening, peaking at support and converting to pink. Look for this to happen at/near support.
This combination of signals is usually indicative of a consolidation IN a bull wave cycle, giving district0x a strong set up for a big move up.
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*Not financial advice. Just a sharing of opinion. Trade at your own risk.
DNT Broadening Wedge Formation Potentially bullish ContinuationReloaded a few above long-term hodlings - Not too confident, but looking for a move back above 0.00000400 sats > very small amount and will keep it that way. Ideal target would be previous resistance to 0.00000900-ish, but that seems unlikely in even a medium-time frame.