DNTUSD Another Look With RSI RSI has double bottomed and is looking for new heights
I believe we are in the earlier stages of a larger breakout
RSI has been seen to also bottom along this horizontal in the past aswell.
I am long DNT
District0xbtc
DNTUSD - Moving Along Bottom Of GaussianPrice is currently trending along the bottom of the Bearish Gaussian Channel
This allows price to progress and eventually the channel will flip green
A lot of similarities to a previous time on DNT which I will link the chart below
DNTUSD Another LookTaking another look at DNT I can see a bullish divergence developing and nearly completing on the weekly timeframe
while on the Monthly timeframe price is touching the 50MA, this is a nice correlation between the two timeframes
Last DNT analysis I suggested a recovery at the 50MA on weekly, now we are at the 200MA, a second point of support
Lets see if it acts differently, hopefully bullishly this time
DNTUSD What I think comes nextThe green bars pattern that shows my predicted price movement is a very sharp rise
The actual rise may not be as sharp. This is just for TA and easier interpretation
I am a hodler of DNT and have faith that NFT's will blow this one up
I am using Fib circles to see price movement around the rings of the circle
DNT Opportunity at the 50MAPrevious touches on the 50MA led to an 800% increase
What will happen this time?
the bitcoin pair also looks very appetizing with the monthly price sitting on the middle band of the Gaussian Channel
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
$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 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
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
District0x Ascending ChannelIn an Ascending Channel
Major buy zone in green (triangle)
Trend analysis
DNT Channel IdeaDNT Idea
Still a good long opportunity, regardless of the possible return to the rounded support.
Volume is massive.
district0xClear inverse head and shoulders pattern.
Things could go very high from here.
District is a very low cap coin, investing/trading these coins is always riskier, do your own research before you put your money in.
Hypothetical wedge symmetry DNTplotting out some potential moves that DNT may make
DNT currently has volume of 140million and counting
jump on the bandwagon while you can
This is my favourite altcoin
district0x [DNT/BTC] on July-06 (#DNT #DNTBTC)DNT has a very nice weekly candlestick and the last Doji will help DNT rise to the zone of 100-110sts and if it breaks this zone, the target of DNT will be 160-170sts
Cancel this idea if DNT closed the daily candlestick under the bottom of the last Doji at 63sts
DNT difficulty at 2.618Using fib circle we can see that DNT is having a hard time overcoming the 2.618 Fibonacci line
Possible bullflag, i'd like to think this is a bear trap.
