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District0x

District0x Showing Signs of TurnaroundDistrict0x (DNT) is showing signs of its retrace against btc slowing and switching directions. Volume has decreased pending a directional decision and will increase greatly once the move is decided. The price is currently indisputably supported by a long term trend line that has proved its strength repeatedly. Furthermore, coinciding with this trend line is the past ATH marked by the 100% fib line. Target is the recently formed downtrend line at 2300 sats, coinciding with the 1.618 fib line. Entry: 1515 sats Target: 2300 sats Stop Loss: 1440 sats (break of uptrend line and local lows)
Long
by FenixCapital
District0x - 133% Possible GainGuys I'm seeing so much opportunity in the smaller market cap coins here. We just have to be patient. We want this to stay along this trend line as we go through this consolidation phase. I'm going to use this sloping growth rate for our second target, each wave is growing at a linear rate, which calls for exponential growth. Target 3 is possible if we continue to stay on this peak trend line (which is very possible). If you zoom out, we have a very nice cup, we are currently working on the handle. Out of all these more recent trades, this may be my 2nd or 3rd favorite (Behind GEO -1.43% -1.43% -1.43% and Civic). Entry: Below 2016 Sat Stop Loss: 895 Target 1: 3458 Target 2: 4240 Target 3: 5018 Chance to gain (Target 2 - Base Case) - 133.83% Chance to lose - 50.36% (lol I'm not losing 50%, I'll let you all know when I enter AND exit this trade) RR: 2.66 Timeframe - About 2 weeks I haven't said "Boom" in a long time. I need this market to start moving lol.
Long
by Elijah_Trading
DNT - Breakout of Bullish PennantAfter a few days of consolidation $DNT (District0x) breaks upwards out of bullish pennant. It will come back down nicely to retest previous resistance and also find some support at the 50 hour MA. Look for more upside here. * Arrow not indicating a target, but a general direction. Take profits as you please, as this is a long term hold for for me since ICO, and I believe there is much more to come from it in 2018! Good luck everyone. Set stop losses unless you are a long term holder.
Long
by adge
1
$DNT- District0x or District- Oh Shit? Here are some potential short term trades for those wanting to make some quick profit. What we know and why: It's on a bullish falling wedge (Basic Observation) It's on a bull run- (MACD Cross Verification) Its mad cheap to invest in. Less than a dollar What we don't know: The troughs between all of the rises How high we should set the stop profit indicators. TLDR; Great investment for someone who wants to make short term gains . If it all goes to shit, you're a bag holder of a great coin that will for sure yield a great ROI. Let me know what you think in the comments below! Constructive criticism is PREFERRED. Happy Trading
Short
by CryptoByDAY
5
District0x (DNT) reversal - buying opportunityTA: ~ All time bottom has been hit around 350-400 levels ~ Daily TD Sequential hit a 9 at the bottom, which is a classic buy signal ~ RSI & MACD indicate a reversal in trend ~ Volume is building on the last hourly candles, indicating a breakout FA: ~ Chronobank.io is planning to deploy the District0x infrastructure within their community ~ Ethlance is being ported to the District0x infrastructure ~ Development of the District0x environment will be sped up by releasing a new platform, Bounty0x, where a decentralized platform offers contribution to development through bounty rewards TL;DR: Several projects are expected to be completed & released by District0x throughout this month and with the market cap sitting at 16% of its all time high there is plenty of upside to be gained. How to trade: Buying below 450 levels is a good buy Stop loss @ 370 Sell parts of your positions on the way up between target 1 & 2 as total volume is relatively low compared to larger coins
Long
by BTC_JackSparrow
District0x Long Opp-- RSI trading As you can see I've been playing DNT like an absolute fiddle. I see this as a great long opportunity because I still consider DNT undervalued in terms of market cap, and think it has a lot of room for growth. Since its initial pump, it's been staying faithfully within the ascending channel while drawing down between fib levels of resistance. I definitely see DNT remaining in this upward channel for at least until it recoups the initial losses to the ATH, then I will revise this idea accordingly. Not much opportunity to backtest the RSI settings on this one, it's only been on the exchange a week or two. However, I'm looking at the hourly chart with 18 periods in the RSI and as you can see the negative divergence highlighted in red signaled the end of the run. I'm using 24 periods in the STOCH RSI to include a larger time frame, smooth the indicator a bit and provide fewer false signals by accounting for more of the macro trend. When a divergence appears here, it will be more reliable than on the other RSI indicator. Watch for any breaks below the long term trend line in green.
Long
by gagevalentino
District0x - Turning Towards the MoonRight now, expectations that anything is going to moon like they did in August/September is unrealistic and dangerous. That being said, District0x traded for as high as about 54c on Liqui before collapsing hard. District0x is another coin with solid fundamental value. It's recent listing on Bittrex has brought it back to life somewhat and it's regained the price discovery it had during one of its first waves up post-ICO. This coin is promising and is currently in a very nice patern. WWV shows distribution was very high compared to accumulation on its recent spike and correction. Willy21 shows reversal. Coin is new on Bittrex and volume is high. Fantastic long opportunity with first resistance at the local 618 and high expectations to breakout upwards. Though right now a lot of things are contingent on market velocity. Take profits at smaller gains and don't have moon expectations in the short-term.
Long
by RiversAndMountains