Get started

DENT / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

DENTUSDT trade ideas

The Fall of Dent: A Lesson in Regulatory UncertaintyA Breakdown of Dent's Currency Category Resistance Understanding the Battle Dent, a mobile data token, faced significant challenges when it came to regulatory classification. Specifically, the question was whether it should be categorized as a currency or a utility token. This classification is crucial, as it determines the regulatory framework the token operates under. The Importance of Classification Regulatory Compliance: Incorrect classification can lead to severe legal consequences, including fines and potential project shutdown. Investor Protection: Proper classification ensures that investors are aware of the risks and potential rewards associated with the token. Market Perception: The classification can impact market sentiment, influencing trading volumes and token price. The Resistance and Its Implications Dent's resistance to being classified as a currency stemmed from several factors: Token Utility: Dent's primary function is to facilitate the buying and selling of mobile data, which is a tangible utility. Decentralization: The project aimed to decentralize the mobile data market, aligning more with a utility token model. Regulatory Ambiguity: The nascent cryptocurrency industry lacked clear and consistent regulatory frameworks, making it difficult to definitively classify tokens. The Fallout Despite Dent's efforts to resist currency classification, regulatory bodies often leaned towards a more conservative approach. This classification can lead to stricter regulations, including: Security Token Regulations: These regulations impose stringent compliance requirements, such as KYC/AML checks and investor accreditation.   Tax Implications: Currency classification can result in higher tax burdens for both the project and its investors. Market Restrictions: Some jurisdictions may impose restrictions on the trading and use of currency tokens.   The Broader Impact on the Crypto Industry Dent's case highlights the broader challenges faced by the cryptocurrency industry in navigating complex regulatory landscapes. As the industry continues to evolve, clear and consistent regulatory frameworks are essential to foster innovation and protect investors.   Conclusion While Dent's resistance to currency classification was understandable, it ultimately proved to be a significant hurdle. The case underscores the importance of understanding and complying with regulatory requirements to ensure the long-term viability of cryptocurrency projects.
Long
by sesot
1
DENT/ TetherUS _ Quarter 3 _ 4 _ Distribution _ Prices. DENT/ TetherUS _ Quarter 3 _ 4 _ Distribution _ Prices. Requested from one of my network to do DENT. Support confirmation over July = $0.001151. If Retest hold within the key level then expecting the following breakout: 1st Distribution: $0.002154 $0.002252 _______________________________ After the 1st Distribution expecting mid Retest (Drop) to the key level of $0.001787. ___________________________ After the mid Retest expecting the following 2nd distribution prices: $0.002442 $0.002905 __________ Retest (Drop) to key level of $0.002442 _____________________________ Final Distribution for Quarter 3 _ maybe early Quarter 4 : $0.003387 ______________________ After the Quarter 4 Distribution ($0.003387), market slow down during mid Oct, expecting a drop to mid area again to the key level of $0.002154, if support not confirmed it may go as low as $0.001840 to $0.001591.
by Skill-Knowledge-Conduct
2
DENT Price AnalysisThe price of the DENT is in a downtrend, characterized by a series of lower highs and lower lows within a well-defined descending channel. This pattern has been in play since March 2024, indicating sustained bearish pressure on the asset. The price has repeatedly attempted to break out of this channel but has consistently been met with selling pressure, driving it back down. Key resistance zones (Green) have formed at $0.001489 - $0.001578. The Green zone has historically acted as a strong resistance, as seen from multiple failed attempts to breach this zone. A breakout above $0.000933 level could signal a potential trend reversal, but the prevailing downtrend suggests that this level will likely continue to cap any upside attempts. On the support side, the price has recently found footing at $0.000730 level and the price recently bounced from the middle of the descending channel. This level is crucial for the bulls, as a breakdown below it could lead to further declines, with the next significant support zone (Blue) at $0.000557 - $0.000582 . This latter level is particularly noteworthy, as it represents a previous low from October 2023, marking a possible target if the bearish momentum persists. Currently, the price is hovering around $0.000785, near the support level at $0.000730, following a minor rebound from the middle on the descending channel. This recent price action appears to be more of a corrective bounce within the overall downtrend, rather than a signal of a trend reversal. Unless the price manages to break above the $0.000933 resistance and the descending channel, the bearish outlook remains dominant.
by TheCryptoCity
#DENT/USDT - Short - Potential 19.42% Strategy: Short Exchange: BINANCE Account: Futures Entry mode: Market order in range Invest: 2.5% Leverage: 2x CROSS Stop: 0.000796 (-18.68%) Entry: 0.000728 ⌁ 0.000728 • ⎿ Current market price: 0.000728 • ⎿ Target 1 : 0.000691 10.16% • ⎿ Target 2 : 0.000585 39.28% Technical indicators: • ⎿ 24h Volume: 5538308.236273 • ⎿ Satoshis: 0.000728 • ⎿ Analysis: TradingView Last time we cracked the 731 support we hit the listed target 2. I see this as an opportunistic dip ahead of a potentially poor JOLTs report in a shaky (especially crypto ALTs) marketplace. Good luck.
Short
by CryptoNicho
DENT In a descending channel The price of the DENT is in a downtrend, characterized by a series of lower highs and lower lows within a well-defined descending channel. This pattern has been in play since March 2024, indicating sustained bearish pressure on the asset. The price has repeatedly attempted to break out of this channel but has consistently been met with selling pressure, driving it back down. Key resistance zones (Green) have formed at $0.001489 - $0.001578. The Green zone has historically acted as a strong resistance, as seen from multiple failed attempts to breach this zone. The $0.000933 level coincides with the upper boundary of the descending channel, making it a critical level to watch. A breakout above this could signal a potential trend reversal, but the prevailing downtrend suggests that this level will likely continue to cap any upside attempts. On the support side, the price has recently found footing at $0.000730 level, which aligns with the middle of the descending channel. This level is crucial for the bulls, as a breakdown below it could lead to further declines, with the next significant support zone (Blue) at $0.000557 - $0.000582 . This latter level is particularly noteworthy, as it represents a previous low from October 2023, marking a possible target if the bearish momentum persists. Currently, the price is hovering around $0.000832, near the middle of the channel, following a minor rebound from the $0.000730 support. This recent price action appears to be more of a corrective bounce within the overall downtrend, rather than a signal of a trend reversal. Unless the price manages to break above the $0.000933 resistance and the descending channel, the bearish outlook remains dominant.
by TheCryptoCity
DENT Technical Analysis in a Weekly TimeframeHello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: DENT is in the accumulation range, and with the current rebound, it is likely to test the resistance trendline at $0.001374. DENT must hold the current support level to continue its bullish move. A weekly close below the green box would negatively impact the price. Key levels: - Support/Accumulation: $0.000570 to CMP. - Primary Resistance: $0.001374. - Targets: T1 $0.002310, T2 $0.007363, T3 $0.01846. - Invalidation: A close below the support range. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
DENTUSDT ⚛️ Long Term Spot IdeaWhat's up guys! Crazy moment we're living in the Crypto Market these days. BTC halving coming really soon and things could get really volatile real quick! It's really a great moment to have a plan of action to protect your assets. Alright, so I've been asked to share my idea for DENT crypto coin and this is my plan of action. 1) DENT has been in a strong accumultion range for a long time and if you take a look at the bigger picture, you'll notice that it still is stuck in the range. I've marked the zones of this range with big yellow rectangles as shown in the chart. 2) When and where to buy? The best possible area is the lower band of the range but for that we would need a drop in the market which could have already been triggered after touching the resistance band of the range. The other way is wait for the proper confirmation that DENT got activated by buyers and enter at the breakout of the resistance zone which is also marked in the chart with some buy icons. Optimal buy zone: 0.000479 - 0.000800 Second chance buy zone: Break and re-test of resistance from the range at about 0.002800 For the second chance, price entry won't feel as a sniper entry but still is early for the profits you are aiming for. 3) Where to take profits? There are 2 major zones but the most magnet wise that DENT has it's 0.01200 because in the bigger picture this is a critical round number area which price pierced through and then re-tested as resistance so this means it's a level that actually turned support then resistance which is wildly known as a FLIP ZONE in technical analysis. That's why I believe price is going to get some reaction for sure to this level. Now, if you've got diamond hands then HODL DENT might not only re-test ATH but in the upcoming bull run, DENT will be making newer higher highs and breaking out the ATH for sure. However, we don't know HOW LONG is going to take until this plays out but most likely by 2025. I hope you found this idea helpful. Tip of the Day: Don't freak out if things don't go your way. Just take a breather, take a walk, have some fresh air and come back calmer. You'll definitely be making better decisions when you have a clear and calmer state of mind. As always, keep it Shiny ⚛️ Kina, The Girly Trader
Long
by KinaStar
7
DENT (DENT) 100x to 7 centsOn the above weekly chart price action has corrected almost 99% since April 2021. A number of reasons now exist to be long. They include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. Higher highs higher lows replace lower highs lower lows. 3) Support and resistance (green channel). Price action confirms support on past resistance. 4) A hammer candle prints on the weekly support and the 21-week EMA. 5) The target area is measured as price action prints a macro flag pattern. A measured move from the flagpole takes price action to 7 cents from the breakout. 100x Is it possible price action corrects further? Sure. Is it probable? No. Ww Type: trade Risk: <= 6% Timeframe for long: Remainder of March 2024 Return: 4000% from current levels
Long
by without_worries
27
DENT is bearishAfter the bearish CH, the price structure has become bearish. By maintaining the resistance swap range, it can drop towards the targets. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Short
by iMoneyTeam
DENT looks ready for its 3rd Bull Run!DENT/USDT (Dent) Sector: DePin / Services Market Cap: $140M Dent is a project dating back to 2017 aimed at revolutionizing mobile connectivity and telecoms infrastructures thanks to the blockchain, the solutions is already effective and commercialized. The company behind the project is in partnership with industry giants such as Apple and Samsung. Although the token has not been spared by the Bear Market, we can observe a range testifying to the interest of long-term investors in keeping the price horizontal. We had a brief breakout at the beginning of the year before quickly re-entering the range. We are currently at the upper limit of this range, and we are not sure we will be able to bounce right back up again, but the location remains very attractive and presents a good opportunity to buy a first BVB:DENT bag if the project seems solid to you!
Long
by vf_investment
DENT idea 2024 ?"DENT Wireless – digital and global mobile operator. Driven by Ambition." This is my idea about next way DENT. Price will reach this year 0.006 usd in the future, long term 0.15 usd. Good buy zone is now. Price fall back to 0.0005 usd. Buy and HOLD. If you believe. Market cap now: $126,028,097 Circulating supply: 100,000,000,000 DENT 100.00% Total supply: 100,000,000,000 DENT Max. supply: 100,000,000,000 DENT Good luck! This is not financial advice. Please do your analysis and consider investing!
Long
by df777
2
DENT/USDT X - Right Prices for Quarter 2, 2024DENT/USDT X - Right Prices for Quarter 2, 2024 I have been asked privately to do the X Right prices for Dent. It is not my trading portfolio but happy to provide the next prices for Quarter 2, 2024. The data is all over the places to get the accurate prices we borrow some data from year 2019, 2021 and engineer them for Quarter 2, 2024. This should be 95% accuracy! Distribution price over Quarter 1, Accumulation Stage: $0.002855 $0.002909 $0.002909 $0.003151 First Distribution price: $0.003412 Retest must hold within the key level of: $0.002707 $0.002172 $0.001991 Then next distribution price, we may active this area in June, but prices already confirmed! Due to the bad data the timing is unknown! Next prices: $0.003818 $0.004049 Distribution price: $0.004343 We will revisit once the above prices are achieved! And it will!
by Skill-Knowledge-Conduct
2
DENT Technical Analysis and Trade Idea #DENT USDT has exhibited bearish tendencies on the higher time frame. Currently, we are witnessing a significant move into a key support level. In the accompanying video, we explore a potential trading opportunity, contingent upon the development of favorable price action. We identify key support and resistance levels, we look at chart patterns, price action analysis, and a particular form of price behavior that, if advantageous, would warrant market entry. As a disclaimer, the information provided is solely for educational purposes and should not be construed as financial advice. Trading carries inherent risks, and it is imperative to implement sound risk management practices at all times.
by tradingwithanthony