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DNXUSDT

DNX/USDT in Perfect Position for Bullish Reversal |🚀 Be Ready💎Paradisers, let’s zoom in on #DNXUSDT. It’s showing signs that it might start to increase in price from the current support level. 💎What’s Happening with $Dynex? After moving out of a downward trend, $Dynex is at a point where it could start to challenge the resistance at $0.933. The trading volume is low right now, but if it starts to pick up at the support level, $0.689, we might see the price begin to climb. 💎If #DNX falls below its current support level, we may need to look for a rise from the next support level at $0.555. If the price doesn't manage to start an upward trend from this point, it means the price will continue to drop. 💎It’s important to keep an eye on $DNX and be ready to change our strategies as the market changes. Stay sharp!
Long
by MyCryptoParadise_Simon
6
Will DYNEX form a 5-wave Elliott wave structure?Hello everyone! Last time I did a review on DYNEX, I mentioned that I expected a correction after a strong rise to around $0.85-1.02, and then I anticipated a continuation of the upward movement of the asset. However, it didn't quite turn out that way. After the correction to $0.85, the asset continued to decline to around $0.63, and there were further price drops below $0.50. After that, the asset entered a sideways movement with higher daily highs. Now, I suggest considering the following scenario for price development. On the weekly chart, it can be assumed that a 5-wave Elliott wave structure is forming. Confirmation of this would be the continuation of the asset's rise in the near future. If the asset continues its sideways movement, then this idea becomes invalid. All targets are shown on the chart. This is not financial advice; everything you do is at your own risk!
Long
by neverovv
DNX Further Vision is $3Hello everyone, today I'm going to analyze one of the coins that have a further conception, multiple utilities, and a strong infrastructure, it's called DNX. 1) DNX has been stuck in this Elongated trading range for a few months. Within this range, we have both support and resistance levels, along with a midpoint. 2) Wen we first time, tried to breakout from $0.75 range, we got rejected! after second try, DNX successfully breakout from $0.75 range, and rise up to $1.2, and got rejected again from $1.2 zone, and pullback to previous rejected zone $0.75, and trying to establish there. So after few tries price got nice support zone at $0.75, so we converted $0.75 rejection zone into acting support. 3) We've accurately measured the ABC Flat correction. Currently, it's evident that points A and C are the same horizontal level, and there's been a bounce from this zone. This confirms that the trend momentum has already shifted towards the upside, and the Flat correction has also performed as expected. 4) We've been effectively using the MACD indicator in this analysis. Observing the MACD Histogram approaching the zero level indicates a potential shift in momentum trend. Additionally, the 12-day and 26-day EMAs of the MACD lines have already crossed each other, that's mean we got great opportunity for future growth phase. 5) Completing this analysis, we have so much potential, for upcoming weeks we will see healthy growth, and wen we breakout from this Rectangle resistance level of $1.20, our further target is $3 per-DNX. Hit the like button and subscribe if you liked this analysis :)
Long
by odbashWizard