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
DNTUSDC
DNTUSD short term Downtrenddnt is having short term downtrend due to btc dumping
Target 1 is $0.13
Target 2 is $0.10
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
District0X will pamp sooni remember buying this coin back in 2017.. although I have not been paying attention on the development side i think this will pamp hopefully 10X or more
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
DNTUSD Triangle Scenario BuyWith the MA's being aligned like this I think the triangle scenario with a breakout to the upside is more likely than the double top prevailing
This coin has already undergone extreme growth, will we see more?
DNT Symmetrical Triangle?Possibly seeing a symmetrical triangle pattern for DNT. This is a price consolidation period meaning price can move in either direction. Watch for a higher high or lower low for the direction of movement. *NOT FINANCIAL ADVICE* Only sharing to get feedback and other opinions.
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
Bullish hidden divergence on the weekly chart of DNTHidden bullish divergence happens when the price is making a higher low (HL), but the RSI is showing a lower low (LL).
Based on this, in the next few weeks, I am expecting a strong bounce from here.
Stay safe!
Bullish DNTI have spotted a bullish Garley pattern on dnt/usdt chart.
PRICE TARGET: the level C of the pattern which is around 36c.
Stay safe!
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: Something's CookingIf DNT can continue this upward momentum and pass the $.40 area, we may be seeing a big move coming soon. I'm keeping my eye on this.
This is not financial advice. These are just my ideas and opinions.
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: Up We Go!DNT looks like it may be finally breaking out of this consolidation which has been going on for about 2 months. Resistances are around $.39 and $.45. Watch the fib levels.
MACD also has a flip upward on the 1D chart.
Let's see what happens...
This is not financial advice. These are just my opinions and ideas.
DNT/USDT - Symmetrical Triangle breakThere's hardly anywhere in literature where you don't find a triangle.
DNT: Making MovesDNT is starting to slowly make moves again around the .5 fib around $.31. The shaded rectangles are just an idea that I had to see if the previous pattern would repeat itself.
Breakout = $.34 - $.39
If we pass previous ATH, then 1.618 fib would be the next major target.
*** NOT FINANCIAL ADVICE ***
DNT: BreakoutAlright folks, BTC just recently made a new all-time high above $60K which caused some alts to pump as well. DNT just had a nice breakout and had an upward cross on the 1D MACD. I'm expecting further price action to the upside as long as BTC holds stable for now.
*** NOT FINANCIAL ADVICE ***
DNT: Breakout ImminentDNT looks like it could break out this week. If we get full candle closes above this triangle and the MACD on the 1D flips up, then that would be a positive reversal sign. The .5 and .382 FiB levels are important to break through before the next leg up.
DNT: Reversal Soon?DNT's last pump was about 23 days ago from this post. The .786 FiB has been holding as strong support during this consolidation.
Overall I'm still bullish on DNT. The MACD is showing a possible reversal to the upside soon. I'm thinking within about a week we could see some upward movement. If and when we pass $.45, DNT will fly and discover new all time highs.
Next Short-term Targets on DNTUSDC ~ 0.35 or 0.235DNTUSDC is potentially headed to $0.357 once it clears $0.30 level with a strong close above it. Unless there is major volume to push through the 0.357 level, expect a pullback/retest of $0.30 area.
The pair is still fighting a ton of resistance so I wouldn’t rule out a quick pullback to the area of $0.235. Four hour chartlooks strong and an engulfing bullish daily candle with a decent BTC close would be super bullish.
