DENTUSDT trade ideas
DENTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price has broken our resistance and is currently playing the role of support. We expect the price to be able to touch its support line and move towards its target.
If it drops below the support line, it can move forward to the next support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
DENTUSDT Technical Analysis
⏳ Spot
💎 DENTUSDT has been moving along the Ascending channel and has been making HHs and HLs. It has got rejected from the Support zone and after the break out of the triangle it will go up to another major resistance
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 0.006175
☕️ TP1 0.007375
🍺 TP2 0.008860
🍻 TP3 0.012240
🍾 TP4 _________
🍷 TP5 _________
🍸 TP6 _________
🍹 TP7 _________
🎁 TP8 _________
🚫 SL 0.003575
Good Luck 🎲
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Where to enter DENT?Please wait for the daily close on DENT above the resistance trend line.
Once it closes above this confirms a move up is building. But do not buy here. Wait for the recontest down on the trend line, and if possible when the RSI (5) is near 30-35 on the DAILY candle. This also coincides with the current BTC Volatility as it is possible that BTC may experience a quick mini dump before rising. We are playing the safe game here.
Linked previous DENT idea below.
Likely to climb to $ 0.009In the four-hour timeframe, the chart incorporates a rectangular pattern. In case of failure from above in the first stage, we expect the ascent as much as the rectangle.
If the rectangle breaks, the flag pattern is formed and the ascent in the second stage is the size of the flagpole.
If we draw on the last TREND-BASED FIB wave in the channel, we will see a heavy resistance of 2.618 Fibonacci in the rectangular stretch ceiling in the range of 0.00634.
Be profitable
DENT/USDT - Binance - Potential channel and bull flag breakout Chart looks a bit noisy, but I'm testing out the Trend-Based FIB Time Indicator, hoping the retrace will bounce at its 1.0 marker. Further confluence of this present, as this point is also where the 50EMA, top blue CPR and a longish-term green trend line all meet.
Channel break DOWN measured move meets the 100EMA and red CPR line.
If there's further downward movement you could DCA at the lower red CPR lines.
Channel break UP measured move meets the 3.82 FIB and the 1st green CPR line (around 0.006148).
Further upward movement could lead to two potential pole moves; yellow meets the 1.0 FIB extension (0.007148ish) and white hits a green CPR (0.007382).
All eyes on BTC