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
DNTUSD
DNT/USDTDNT Bouncing from horizontal support and forming cup and handle on 1D timeframe and breakout is possible in coming days so buy and hold your horses for massive gain in mid-term.
DNTusd in buying zone in one-day time frame dntusd break the support trendline reason bitcoin dump
so dntusd again in buying zone so buy more
and wait for the right time to sell
in long term
in short term, I don't know how much time take dntusd to pump
so take risk
District0x (DNT) Buy OpportunityPivot points on the Gaussian Channel
We can see the channel is opening bullishly (green)
and has reached a point on top of the channel
Last time it hit the top of the channel the price moved up ~400%
Price is floating above the top of the channel right now, providing us a great buy opportunity on the BTC pair
On the USD pair price has moved into 2.618 with a seemingly rounded top formation, this will break out spectacularly to the upside.
Love this coin..
DNT YEARLY RESISTANCEDNT just bounced from the yearly open, which indicates a strong bullish trend. We need to hold this level so we can establish a strong support area for the next bear market.
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
DNT another idea for your exit plan! I found an interesting pattern. The last time that price dropped in a similar manner, it was in sub wave 4 of wave 1. Perhaps less violent.
How i did it: So I measured the sub wave 4 of wave 1, and found that sub wave 5 went up to 300% log fib extension. I did the same with wave 4 and used the same fib extension and found the price targets of 7usd area.
Same area coincides with trend based fib extension levels of the wave 3.
District0x macro trendThere is a clear time cycle pattern with DNT which lasts for approximately 180 days, from pick(wave 1) to pick(wave 3). Based on this observation, there is a high probability that we reach the wave 5 by August. Usually the wave 4 is a chart pattern(here we have a symmetric triangle which validates our wave count).
Another observation, using log fib extension, we see that wave 3 it was the 261% extension of wave 1. Remember that wave 3 is never the shortest wave. We may expect the wave 5 to reach a fib level. We have various bullish levels from 4usd(most probable) to 17usd and the most bullish (but still realistic) target around 190 usd!
Last note, i am expecting the sub wave 5 of the major wave 5, and final leg up, to break the ascending channel. If this break happens before the sub wave 5, the levels between 17-190 usd are totally possible.
Remember, Stay safe!
DNT consolidation period near endUsing logarithmic chart, we can clearly see an ascending channel. Maximum time before ending this consolidation is around 20 more days, as long as we hold the 22 cents level. I am staying bullish for the time being. For long term i see around 4-5 usd per coin.
Stay safe !
DNT to the moon !! Hello,
DNT Coin is consolidating under the flat channel and seems profit-taking has just brought it down after this pullback it will bounce hard from Daily 20 ema towards the next target 0.4-0.6
below daily 20 ema we can consider a short-term bearish movement and accumulation in dnt , for now so far so good..
Fibonacci 0.5 pocket touched and bounced!
Cheers!
DNT is backin the old days DNT was pumped and dumped.. this time it looks different and it is crawling up slowly and organic targeting its all time high.. i loaded this gem at 70 sats and i been holding it since..
2 levels i am watching
1234 sats
3000 sats
DNT-USD ESCALATION IN 2021 BULL CYCLE Coinbase ChartI'm following the bullish trend of DNT since one year now, when it was at $ 0,006.
In Nov. 2020 it jumped from 0,0085 to 0,084 10x!
Jan. 2021 topped at $ 0,21, Feb. at 0,45. Since then it has been accumulating in an ascending triangle that's being broken at the time of writing. We can see a narrative of big jumps and then down the slope three times in a row since November 2020, always relying on the ascending trend line and MA50 on the daily chart. If this narrative is still valid, we can expect a new jump to be accomplished within one or two days and then another accumulation area. The actual targets for the short term are 0,6 and 0,8 dollars.
It would turn into a bearish scenario in case one daily candle would close below the red trend line.
dnt/usd hourly chart DNT possible to hit almost $0.30 and after explode in price, this is one hour chart but one day chart looks so bullish, it is possible we go really high in price soon.
DNT/USDT - Symmetrical Triangle breakThere's hardly anywhere in literature where you don't find a triangle.
DNT BIG MOVE is coming DNT is ready to break the consolidation pattern and get ready for the big move
Buying it on support and holding it for target.
Stop loss will below the support line
DNT Roadmap to $0.60Likely Bullish Scenario
Breakout of triangle somewhere below $0.35 rally retest $0.35 Resistance. Rally to $0.42 All time high. If it can close above $0.42 it can re-enter the Nov 2020 Channel at $0.61.
Unlikely Bear Scenario
Breakdown of Triangle
Down to $0.26 then $0.23
The bear scenario is unlikely because we've already had over 45 days of Bitcoin Consolidation during this major up trend.
