DENTUSDT trade ideas
DENTUSDT Technical Analysis💎 DENTUSDT has broken above the resistance and the symmetrical triangle. After the pullback and retest it is expected to go higher.
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🎳 Entry/Pullback now or from 0.005123 - 0.004657
☕️ TP1 0.005589
🍺 TP2 0.006173
🍻 TP3 0.006670
🍾 TP4 0.007301
🍷 TP5 0.007917
🍸 TP6 0.008500
🍹 TP7
🎁 TP8
🚫 SL 0.004616 - 0.004254
Good Luck 🎲
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DENTUSDT 4H CHARTThe market is currently in a downtrend and has hit support. It bounced off support but hasn't broken out of the descending flag pattern. A breakout of the descending flag would see the price retest the resistance at 23.6% and 38.2%.
Entry: 0.005
Target: 23.6% (0.005354) and 38.2% (0.005956) Fibonacci retracement.
Stop: 0.004189
This would be invalidated if the price breaks below the descending flag pattern and support
DENT - Good IndicatorsSince BTC decided to do a nice little drop last night, basically knocking “most” alts down with it, I thought I’d review my watchlists to see what coins I follow were is primo position for positive movement.
As you can see I use a custom “MacD” I got off the TradingView list, and the Stochastic RSI for determining potential energy levels is my way of describing it.
This is like a perfect storm here. DENT has a solid history with a bright future. Right now, the MacD and RSI are at their lowest levels which actually resemble the same positions back in March. In addition we are waiting for a BTC run which could trigger another bullish run similar to March.
Using the gains from March of 959% I get a run up to 0.05 or a 10X run.
My thoughts, not advice Oklah. Cheers
Dentusdt
The tool broke through the trend line, made a retest and went further down. This is a classic short model, the entry is 0.055, the stop is 0.058. The stop of the fall occurred at a strong support level – a false breakdown of the level. At the moment there is consolidation , above the level , but there is no strong rebound and there is no volume , it is likely that there will be a rectangle shape next, where there will be a cut and then a hike down . It is advisable to keep the shorts on .
The purchase will be interesting in a long time with the prospect of X2 from the level of 0.035
DENTUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 0.082 - 0.01 - 0.012
after first target reached move ur stop to breakeven
stop: ~0.005 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
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