DENTUSDT trade ideas
DENT is ready to blast off !!!Typical crashing structure
Dent is expected to poke the 0.702 fib extension where it may find some resistance before moving to local top where we can find it to retest the local top after breaking it and then blast off to higher levels .
Rising Wedge PatternCheck the price behavior when touching the top line of the pattern.
If the top line is broken, the pattern will be confirmed and we will see a price increase.
If the blue uptrend line breaks, the probability of a price rise will decrease.
If the bottom line of the pattern breaks, the pattern will be lost and the price will fall.
DENTUSDT - 4Hr - Descending triangle- BullishI am seeing a bullish descending triangle forming, and the two scenarios are highlighted in the chart.
On the daily we have a full bullish engulfing candle forming - indicating the price should never have been this low! There might be a temporary volatile boom upwards, as since this morning it has already risen over 5%. On these wedges you can buy when it breaks and recontests the wedge, or you can do it as you like, and buy it earlier on.
In both scenarios we are expecting a break upwards.
Take profits
0.0086 - and move stop loss to here.
0.0096
0.0134
0.0156
0.0215
You can break into percentage-selloffs at each of these levels and re enter every time we go below 0.008
This coin brought into my attention by a trader here named LuckyTrader102. I give credits to him. Simply wanted to share this with my followers so they are aware of it as well, as they might not follow him.
DENT - Possible BreakoutDENT is showing us a bullish divergence. She is testing her upper trend-line and could break through with some volume.
DENT LOOKING FOR A REVERSAL!!In my analysis dent is looking for a bullish pattern it is holding support at 0.55 , once it is retesting support and then ready to fly all time high, I might be wrong but this is my analysis
