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DNT

district0x Grows 40%+, Can Do Much More Next Monthdistrict0x (DNTBTC) just made a strong move to break above EMA10, printing a very strong bullish candlestick supported by big volume. The 45%+ move we saw today is really strong, but this is only the beginning. The RSI is super strong and DNTBTC is now trading above EMA50 as well. The MACD is set up for massive growth in the weeks ahead. Massive bullish sentiment across the altcoins market. With a strong close on today's candle, this move by DNTBTC can signal the beginning of a new uptrend. If prices below EMA10, the above signals become invalid and a new analysis is needed. If DNTBTC breaks the last low set on the 10-Aug., we switch our view from bullish to bearish... Right now, we expect additional growth. Previous chart: Thanks a lot for reading. Namaste.
Long
by AlanSantana
2
LONG - DNT - Trading OpportunityBreaking out of the ma200 for the 3rd time, after touching the low range support of 60 sats. Volume coming soon. Entry: 0.00000076 TP 1: 0.00000090 TP 2: 0.00000111 SL: 0.00000066 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
DLong
by ElMomento
DNT / BTC Perhaps a shape will be formed Bowl +200DNT / BTC It is possible that a Bowl shape will be formed (Saucer, Rounded Bottom) + 200% Price at historical minimum. 3 months in sideways movement. Price begins to rise slowly. It seems that we are at the beginning of the 3rd phase of the formation of the "Bowl" figure. The goal is the zone of the resistance level of the "Bowl". Further on the situation, how the price will fix. Stop Loss - the level of support of the "Bowl". _________________________ I will describe this figure a bit: The Saucer shape, or as it is often called the Chalice, the Rounded bottom is a long-term figure that predicts long-term growth that looks like a concave arc. The figure is found on large timeframes. In most cases, on weeks, but on instruments that quickly go through their cycle (cryptocurrency), they can occur on a daily timeframe. The rounded bottom is quite rare, but very reliable bullish pattern. Typically, a pattern is formed at the end of a long-term “bearish trend” and usually gives a signal of a market reversal. It should be noted that the ideal symmetry of the figure is not a prerequisite. The main thing is the presence of its key components: the descent of the price, the bottom, the rise in price and the breaking of resistance. Ideally, the formation of the “Saucer” pattern usually occurs in a narrow price range, in a calm market with the least volatility, when a trend reversal occurs smoothly, without strong price spikes. If, however, price spikes occur, then very soon the price will return to its usual range. The figure signals the long-term nature of the formation of a trend movement. The longer the figure forms in time, the stronger the signal is considered. The most reliable are the figures formed on weekly charts for at least several months. The older the time frame, the more reliable the signal. The rounded bottom is a long-term figure, and can stretch on the chart for a long period. _____________________________ Stages of the formation of the figure. The Saucer figure consists of the following steps: 1) The descent of the price is the first phase of the figure. Price decline trend with a gradual slowdown. In the classical case, it should be a smooth arc, but in practice its shape can be flat or contain, on the contrary, correction minima and maxima. The main condition in this case is the gradually decelerating pace of price reduction. 2) The bottom is the lowest point of prices. It is the geometric center of the figure. It should be located on a gentle bottom (smooth bottom, without peaks). Although sometimes such a formation as the "Thorn" down or closed squeezes comes across at the bottom. The main thing is that these local formations do not violate the overall picture of the figure and movement in the global. If the lower point of the price forms the so-called platform on the chart, then the trading volumes gradually decrease, and at the moment of the price jump up sharply increase. Another surge in prices may be a signal to buy if the maximum of current prices is higher than the previous maximum. 3) Ascent of the price - after the minimum follows the ascent, which should ideally be symmetrical to the descent, and should last as long as the first phase (the descent of the price). There is a tendency to increase prices with a gradual acceleration. 4) The intersection of the resistance formed by the upper boundary of the whole figure (passes through the maximum point of the figure at the beginning of the period of its formation) is an additional confirmation of the rounded bottom and the final phase of the formation of the figure. After breaking through and fixing the price, the resistance level turns into a support level. ________________________________ Setting sales targets when working with a figure. At the expense of selling goals, there is no exact opinion among traders. You need to understand that this is a long-playing figure and has a pronounced bullish character. In most cases, phase 3 (price rise) ends with phase 4 breaking through resistance and fixing the price above it. Thus fully confirming this figure of technical analysis. But you need to understand that this does not always happen! There are exceptions. It is also important if the price is being traded in your favor, and according to the plan you should already fix the profit, then it is advisable to stay in position while you get additional profit instead of the planned one. There should be a strategy and plan. At the same time, your strategy and plan should be plastic from market situations. I trade such formations like that. As a rule, I enter the 2nd phase on the “Day”, but then when the trading volume starts to increase (the beginning of the 3rd phase is the ascent). It is very important not to "stay at the bottom" for a long time. Time is money. I leave the position in 2 stages according to the situation: a) I sell a large part of the position at about 70% just before the resistance (before the start of phase 4). b) if the price failed to break through or gain a foothold, I will sell the remaining 30% of the market. c) if the price was able to break through the resistance and consolidate. Resistance has become support. I buy back at the pullback prices the same 70% that I sold in advance before the resistance. Very often the price differs by a couple%. The confirmed new support gives great potential for further growth. It is very important that there is not a big gap between the sale and the purchase. If the price after confirmation of support has gone high - I trade the remaining 30% of the position. _____________________ You related ideas see more ideas where such figures are also formed
Long
by SpartaBTC
LONG - DNT - Trading OpportunityNice bottom here and volume has increased like crazy lately. We would use half of a size position here as the stop loss is bigger than usual. Entry: 0.00000077 Target : 0.00000084 Target : 0.00000090 Target : 0.00000096 SL: 0.00000070 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
DLong
by ElMomento
district0x Prepares For Its Next Move | 140% Profits Potentialdistrict0x (DNTBTC) generated for us over 40% of profits already, you can see it by clicking on the chart below: Right now the chart is bullish again and looking to move higher. Our main target on this chart is 207 satoshis (0.00000207 btc), which is 140% away from the current price. This is all bullish here, so this is an easy setup. If you decide to trade, remember to have a trading plan before you get involved. EMA50 (0.0000077) can be used as a stop-loss, for a tight trade. DNTBTC remains bullish as long as it is trading above 0.00000057 (ATL). Any questions? Use the comments section below. Remember to hit Like for more trade ideas or if you want to show your support. Namaste.
DLong
by AlanSantana
1
DNT Season of the bull has begun. Trend traders delightSimple method I like to use for crypto. Add 3 moving averages to your chart: 7, 15, and 30 day. Now add the Momentum indicator (21,close). Ideal long set-up is when 30 MA flattens out while the 7 and 15 rise from underneath. The green arrows show when this happened in the past and rise in price. Red arrows show opposite and decrease in price. Like to see the momentum indicator heading up. Ideal is when above 0 or positive but in crypto I settle for rising and near 0. Method is based on daily charts and closing price. Stop Loss: .006111 Target 1: .009988 Target 2: .011042 Target 3: .014348 Also, check out volume on August 10th. Hmm that is a little suspicious. Do we have a new market maker?
DLong
by CryptoPsych007
2
district0x Breaks Resistance | Bullish Targetsdistrict0x (DNTBTC) is moving challenging EMA200 on the 4H time frame. Closing above this level can signal that DNT will move higher. Right now we are seeing increasing bullish volume, as well as a clear break above EMA10, 50 and 100. Both the RSI and MACD are bullish and shows room available for additional growth. This pair is very likely to continue growing in the weeks to come. Remember to use a stop-loss if you decide to trade. The low hit on the 9th of August can be used as support... Additional details on the chart. Thanks a lot for reading. Namaste.
DLong
by AlanSantana
10
#DNT : Upto 150% Profits For The Mid Term#Accumulatio_Recommendation Pair : #DNT / #BTC Trading Platform : #Binance RSI : 59 TA Notes : - MACD : Looking bullish on the daily chart. - RSI : Looking bullish too for the short the short term being in a neutral position form but going to move towards the overbought area in the mean time. EMA : Already below the price level indicating a good reversal bull trend. - Volume : Trying to have energy at the current 1D chart by the past 2 days and if it can continue like it is performing right now like almost many altcoins are doing it can be considered as a strong indication for a reversal move. - Candl Stick formation is also looking very good at the moment continuing the formation of a bullish engulf candle from yesterdays close. #Accumulation_Zone : 65 sats - 75 sats Distribution_Zone: Target 1 : 82 sats Target 2 : 91 sats Target 3 : 97 sats Target 4 : 110 sats Target 5 : 123 sats Mid To Longer Term Targets Target 6 : 141 sats Target 7 : 151 sats Target 8 : 163 sats+ STOPLOSS : Close below 56 sats Risk : High Capital Accumulation : 3% @TogetherWeAccumulate
DLong
by cryptotalk_et