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DNTBTC

DNT Bullish Continuation PatternAfter the entire market took a pullback on Friday 1/8/21 DNT has gathered itself in consolidation. But yesterday did manage to kick it out of its bullish momentum trend. Looking like a Bullish Pennant Pattern to me here. It could range for days here but also it could make a move as soon as tomorrow if the TA holds true as the pattern hits a decision zone. The strong support around .09-.10 area was never tested yesterday but I’m not overly concerned with that as of right now and see it as a positive with strong BUY support. Current buy/sell ratio is 50/50. Keep your eye on the volume, when it starts coming back DNT should seek new heights and get back to price discovery zone in green. If it goes south look for .09-.10 as strong support and excellent buy zone. I’m bullish here though. Just my thoughts not financial advice. What do you think?
Long
by T-Knox
2
DNT never thought it would amount to much when I bought in 2018Cashed out a decent chunk of my position, small numbers on Binance, but hey, every little bit of BTC helps, and it's nice to actually score a profit on an Alt. Still long for the moon on all of them, but I don't kid myself with any of them...Even BTC might one day...nah, don't want to finish that thought. Better to shave a little and collect more BTC because we have seen it before where the alts (with the exception of ETH) have fallen by the wayside and been left for dead. The argument for holding some alts is powerful as they can make amazing gains, but unless you are on top of things almost 365/24/7, you can wind up holding bags and bags of worthless vapourware tokens in relation to BTC. Because I manage more than a crypto portfolio, I can personally ill-afford to take side-roads on the crypto/btc journey, especially when I haven't dealt with this world in over a year. Last 2 Months have been a learning journey. One thing I miss though is leveraged trading on Bitmex, but not allowed in my jurisdiction, so I play around with alts and also making use of DeFi (staking, AMM, savings pools) for now. Things have changed since 2018 when I started here. As for Technicals here, previous resistance might provide support if the dump is not too hard, and hodlers of DNT might be richly rewarded with more gains in the future.
DLong
by JJMa