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
Dntbtclong
DNT Analysis, Still BullishOn the left DNT can be seen through the MavilimW indicator to be forming a W pattern that is comparable to a previous point (grey rectangle) (points in red,yellow,green)
I believe another move up through the Fib circle will occur, just as it did in the first W
Price is also sitting right above the .786 Fibonacci line, which is also a strong sign for the bulls
On the BTC chart (right) I have shown what an increase would look like, you will notice it is also very similar to a previous move up, that occurred in an earlier Fib circle level
Yesterday the coin increased about 20% before the dump
This is also a good sign
DNTBTC LOOKS INTERESTING FOR LONGSDNT looks pretty interesting for longs at this time. Why?
We're currently at a strong level of support on the daily timeframe.
The previous daily candle at the time of writing, closed strong bullish with this candle rejecting the level as well.
The technicals show that a bounce could be incoming. So we're long with stops below the level and targets into space
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
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
DNTUSD ANALYSIS X CANAL
THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion. If you find this useful and want more guesses. don't forget to follow. Press the Like button. Leave your feedback to us in the comments section! Thank you very much for your support. Let us know how you see this opportunity and forecast in the comments.
DNTUSD THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion. If you find this useful and want more guesses. don't forget to follow. Press the Like button. Leave your feedback to us in the comments section! Thank you very much for your support. Let us know how you see this opportunity and forecast in the comments.
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
Heavy accumulationDNT is sitting above 200MA
Looks good
My chart on how these coins are 'baby coins' and are still pending their real breakout
DNT strong horizontal supportStrong horizontal support present. Simple analysis. Movement upward into the horizontal range likely. This is my favourite coin and in my 'un-biased' opinion xd I believe it has huge potential. Linking my chart to my young alts comparison, shows a good view on these alts.
DNT Aiming for 100+ Satoshi's DNTBTC currently sitting on purple EMA level, this may push higher to 100+ Satoshi's, following the parabolic rise on the 4H chart. If not it will form a H&S which I have drawn an example. Lets go DNT!
District0x Vs Lisk ComparisonAs you can see both alts 'flatlined' after a large retracement, Lisk has already begun a reversal, DNT will likely reverse also. I have seen alot of charts like this lately where there is a flatline zone, and a reversal has begun to take place.
DNTBTC formed bullish Gartley | Upto 43% bullish move expectedPriceline of DistricOX / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000075 to 0.00000067
Sell between: 0.00000081 to 0.00000096
Regards,
Atif Akbar (moon333)
DNTBTC Moon fractalI know its a long shot but here me out, This smart contract platform allows you to build and govern your own districts, including already created meme factory, which has huge potential, for the use of buying and selling memes. Built on the Ethereum blockchain which means it is reliable and fast. 0.86 regression downtrend.
Overall my favourite alt project, huge potential.
DNTBTC forming bullish Crab | A good long opportunityPriceline of district0x district0x (DNT) / Bitcoin is forming a bullish Crab pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss, in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000082 to 0.00000079
Sell between: 0.00000089 to 0.00000084
Regards,
Atif Akbar (moon333)
DNT Is Showing good Short Term PorfitsBINANCE:DNTBTC looks nice for short term Profits at 4h Time frame.
Will post detailed analysis on Mid and long term.
Happy Trading.
District0x/Bitcoin (July 03) #DNT $DNT #BTC $BTCAccumulate : 130-135
Sellzone : 160-180-200
Holdzone : 1055-1255
Stoploss : Under 120
BACKUP PLAN
Buy back : 110
Stoploss : Under 100
