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DENT / TetherUS

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DENTUSDT trade ideas

DENT where are we right now? Update from previous ideas - we are now following the support trend line upwards, and it is possible it will break this trend live by sitting up on top and then riding it upwards. If we see a break upwards, we might get a head and shoulders formation happening, as it is setting up the pattern nicely at the moment. BTC dependent - if we see a dump on BTC, we want to buy BIG at the green zone on bottom. At least 80% bag holdings there. IF we see a BTC rise and we touch red zone, we want to wait for one candle push past this zone, or close above this zone. Closing is better. For now we wait till November, BTC is dragging all the crypto dominance with it right now, so we need to wait Linked ideas below
by BARSTrading
DENTUSDT - Next challenge and predictable highsBINANCE:DENTUSDT 4H trend chart - DENT has consolidated for around 2 months since hit $0.0085 During this consolidation, it is forming a support zone(pink rectangle) Also, there are two downtrend lines, short-term(orange) and long-term(deep blue). Now, price has broken out the short-term trend line, and it's really good for bull sign. I think it will eventually take out the long-term one, and if it does, trading strategy as below. - Profit Targets: a) 0.006920----Fib(1) b) 0.007771~0.008116----Fib(1.272~1.382) c) 0.00885-----Fib(1.618) Stop losses: a) SL will be set up after price breaks out the upper downtrend line - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
1
DENT Huge Bull run through completing a cup on a cup and handle?You may feel I'm crazy, but the chart shows a cup on a cup. where the smallest cup (6 weeks) is making the handle of 20 weeks long cup handle pattern, making a double cup showing a huge indication of a bull run to start soon. DENT has made an average move early in October. After this slight increase , dent was slowly moving down and seeing some consolidation at 0.005xx before slowly heading up Few hours ago dent make an breakout through a short and narrow bull flag supporting the double Cup Handle pattern to continue , and bringing more support to make a huge bull run in coming weeks starting today. The bottom support line is expected to hold, especially with the currently strong bitcoin dominance. In case of a break out through the 2nd resistance area there, I'm expecting a bullish move towards the top resistance (3rd) and complete both cup-handles and to reach 0.068xx (4th) with some consolidation at 0.0066xx With the current state of the market, I'm expecting the bullish break out to continue despite RSI would indicate an overbought situation once the chart cleared out both the cup-handles. Happy trading!
Long
by TradingVLY
2
DENTUSDT Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE. DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
Long
by hadimozayan
DENT/USDT { DENT } - BULLISH SETUPANALYSIS 🔎 - DENT/USDT brokeout above the inverse head and shoulders pattern as expected from my previous analysis. - Price hit a swing high and retraced. - Price is currently testing the key fibonacci retracement zone (0.618 - 0.7 - 0.786). - The pullback retracement was resisted by the bullish flag pattern. - Price brokeout above the bullish flag's resistance as expected. - Price is currently retesting the bullish flag's resistance and the key fibonacci retracement zone. - Price action is showing a potential formation of the inverse head and shoulder's bullish pattern (not indicated to avoid crowded chart). - There's an uptrend continuation potential. BUY ENTRY ⬆️ Market entry: current market price. - Stop limit entry: Breakout above the horizontal resistance level (@0.006290). - Limit entry: possible short term retracement. TARGETS 🎯 - Horizontal resistance level (@0.006290). - Horizontal resistance level (@0.008900). - Fibonacci extension levels 1.0 (@0.010841) SETUP INVALIDATION ❌ - Breakdown below the 0.786 fibonacci retracement level (0.004233)
Long
by Chibuike_Odoh
DENT Bullish Breakout soonSince DENT broke its trendline resistance of 1D chart, it has been consolidating near the newly created Demand zone while forming Right shoulder of the H&S pattern which can be observed on the chart. It tried to break the Weekly Trendline resistance but failed to hold the price upward pushing the price below trendline again. The newly created demand zone managed to hold the support and it has been keeping the price stable for last couple of days while forming Right shoulder. It wont be long before DENT tries for another breakout and this time combined with the Head and Shoulder pattern, it will most likely manage to successfully break above the resistance pushing the price towards its Local High.
Long
by syedhamza2135
4