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
DNTUSDT
DNTUSDT The only way is upRSI oversold, strong support. Depending on BTC behaviour of course, but IMHO the only way is up!
DNTUSD H16: 50%+ gains BEST level TO SHORT/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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DNTUSD H16: 50%+ gains BEST level TO SHORT/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
previously recommended buying low.
🔸 Summary and potential trade setup
::: DNTUSD daily chart review
::: heavy rejection on daily chart
::: double TOP confirmed breakdown next
::: short sell rips/rallies / short at market
::: final TP BEARS is 50% gains
::: best reload BEARS near market price
::: updated/revised outlook
::: focus on SHORTING only now
::: 50%+ gains still possible
::: currently expecting breakdown of the triangle
::: SHORT/HOLD setup TP +50%
::: up to 50% gains possible later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP BEARS is +50% gains
::: details: see chart
::: TP BEARS +50% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/50% CORRECTION
::: Sentiment short-term: PULLBACK/SHORT IT
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
The next 100x crypto token / NFTs / MEME coins DNT is consolidating at just below the all time highs. There is a high chance that we formed a cup and handle. The potential for this token is massive . Just the fact that no one talks about the Meme Factory during the meme boom, it shows how undervalued is this project.
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/USDT 0.7$ possibilityDNT CAN REACH 0.7 SO SOON
R/R = 5
GOODLUCK
Note: This Chart does not provide financial advice.You can use the information from the Chart to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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/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
Triangle🔥Wassup, wolves🔥
There is one more Symmetrical triangle on DNT /USDT crypto pair.
The price is in confident bullish trend . So this formation could be a good chance to go long.
However do not rush the trade and look for the clear brakout carefully.
According to Elliott Waves theory Wave C is done and now price is heading to Wave D.
So follow the chart and look for the best price to enter.
_____________________________________________________
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Feel free to leave comments✉️
And always remember: "we don't predict, we react".
(Update) DNT Roadmap to $0.9My previous target was not high enough as I didn't take into considerations the last 2 rallies.
Jan 5th - 400% Rally
Jan 29th - 300% Rally
I can see a flagpole of at least the following
April 12-22nd - 200% Rally to $0.90.
Being another 300% rally would get us to the top of the Channel.
DNT buy DNT?By popular request:
Possibility for one last pop up to 0.47.
But major potential for huge retrace back below 0.020.
My guess is 0.016.
Large unfilled gap around that price.
#butwhatdoiknow
#hollowhead
DNTUSDT Bullish PatternI can see a strong bullish pattern created. IMO Best time to buy the dip. Good luck.
DNTUSD D1: 50%+ gains BEST level TO SHORT/HOLD(SL/TP)(NEW)DNTUSD D1: 50%+ gains BEST level TO SHORT/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
previously recommended buying low.
🔸 Summary and potential trade setup
::: DNTUSD daily chart review
::: heavy rejection on daily chart
::: double TOP confirmed breakdown next
::: short sell rips/rallies / short at market
::: final TP BEARS is 50% gains
::: best reload BEARS near market price
::: updated/revised outlook
::: focus on SHORTING only now
::: 50%+ gains still possible
::: currently expecting breakdown of the triangle
::: SHORT/HOLD setup TP +50%
::: up to 50% gains possible later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP BEARS is +50% gains
::: details: see chart
::: TP BEARS +50% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/50% CORRECTION
::: Sentiment short-term: PULLBACK/SHORT IT
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
DNT/USDT - 4h - Analysis published on 03/15/2021Hey guys, it’s Cosmo 👩🚀 and I’m sharing a market update with you this Morning: We recognized unusual high exchange inflows of BTC in the last 24 hours (1. Coinbase Pro: 46 BTC, 2. Gemini: 19 BTC, 3. Bitstamp: 19 BTC, …). Exchange inflows traditionally signal intention to sell … and BTC is moving already!
Let’s better be prepared … I took some profits on my long BTC position and I’m looking for some more SHORTS to hedge the remaining portfolio of LONGS against a possibly continuing dip of the general market.
Today I’m analyzing the district0x (DNT) Token against USD:
So, let's get started 😃 … Summary of the Analysis: DNT/USDT (4 hours time frame)
Trends: Short Term - Bearish & Long Term - Strongly Bearish
Crypto Screener™ (by TradingView) Rating: BUY
Technical Indicators (by TradingView & intotheblock): SELL
- Summary: 11 Bearish; 10 Neutral & 5 Bullish
- Oscillators: 2 Bearish; 9 Neutral & 0 Bullish
- Moving Averages: 9 Bearish; 1 Neutral & 5 Bullish
Fundamentals: SELL
- Circulating/ Total Supply = 60%; Max Supply unconfirmed --> SELL
- 648 out of 1,000 Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto) --> SELL
- No SIMETRY™ Rating (by Crypto Briefing)
- B Rating with stable outlook by TokenInsight
- 49.2% out of 100% Asset Score™ by TokenInsight --> SELL
- No Dynamic Performance Score™ by TokenInsight
AI (Artificial Intelligence) by CENTRALCHARTS: SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): neutral
- 4h (4 hours frame): neutral
- 1D (1 day frame): positive
- 7d (last 7 days): neutral
My Opinion: SELL - Bearish under USD 0.350
My targets: USD 0.248 (-11.2%), USD 0.213 (-23.7%) & USD 0.172 (-38.4% from current price level)
DNT/USDT follows a strong bearish trend since relative high on 02/13/2021. Traders may consider only short (sell) positions if the price stays well below USD 0.350 (Stop Loss Level = 1st light green line above current price; +25.3% from current price level). Next support levels are indicated as light red lines in the chart. A bearish breakout below a support line would increase bearish momentum.
Signal Force (0-10): 6 = strong force
To sum up my opinion: I’m convinced that the district0x (DNT) Token is substantially overpriced with the recent PUMP ACTION (I still remember the last big pump and dump in 2018 !!!) and will retrace back to it’s lows from before the parabolic move (around USD 0.12).
We broke monthly VWAP (volume weighted average price) downwards today (on 03/15/2021) which is a strong SELL signal.
Please note that as a Hedge Fund Manager I would NEVER go outright short = only sell short ... I always have potentially overperforming coins or tokens long against the shorts!
The trick is, that (because of good research) the longs perform better than the shorts in all market situations.
Like and follow as the next analysis will focus on over- and underperforming (compared to BTC & USD) Coins or Tokens again.
With this information you'll then be able to go LONG potentially overperforming Coins/ Tokens and to go SHORT potentially underperforming Coins/ Tokens and to do what the big guys do 🤑: Organize your Crypto Portfolio as a Hedge Fund.
Heard about this? With this successful trading strategy😍🍀💵 you'll be able to make money in all market situations and independent from the price action and level!
Happy trading … please like, follow and comment!
Published on 03/15/2021, 12:30 PM (UTC+1)
DNTUSDT EntryDNT/USDT is starting to show price momentum. I have outlined my possible harmonic price target zone and breakout pattern height to target 1:1. Good luck!
Potential money🆓Let's make money for the weekend,wolves🔥
There is a potential symmetrical triangle formation on DNTUSDT.
Previous bullish trend was broken and price started to fall and now is in a consolidation.
According to Elliott Waves theory Wave C is done and the price is heading to the Wave D.
Triangle may be circumcised and it will breakout sooner.
So follow the chart and look for the breakout carefully.
_____________________________________________________
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".