DENT possible bullish or fall of the supportDENT USDT
In 4h he returned to the bearish channel, which is positive since he was out of it for a long time
It seems that the MACD wants to close but the bulls manage to raise the price above it.
In 4h he is in Bullish in 1h trying to take him to Bullish.
If it is possible for it to break its resistance it is still a high risk shitcoin.
Remember that Saturday and Sunday are bearish, DENT on the 1d chart is still bearish, at 4h and 1h it indicates bullish and seems to break the resistance.
It is your decision to take the risk or not.
I for my part remain partial.
The bears are strong. But the bulls have managed 3 times to reject the MACD going lower.
Currently DENT is in a fighting zone, both bears trying to keep it down and bulls rejecting these declines.
It is high risk. It is your decision
4h Analysis:
Exchange DENTUSDT 1d Binance
Price: 0.01| 0.01| 0.01
Vol: 17,145,961,600|17,404,240,134|16,424,631,716
ATR: 0.0025
✅OBV: 273.9 B| 291.0 B| 273.6 B
⚪️RSI: 49.10| 49.11| 49.09
⚪️MFI: 48.73| 54.91| 55.12
⚪️CCI: -106.51| -113.17| -142.28
❌WR%: -73.34| -77.14| -77.35
✅ADX: 47.01| 50.08| 53.03
❌MOM: Bearish Momentum
❌SMA: Price Below SMA Bearish
❌ADI: -DI > +DI Bearish
❌MACD: Bearish
❌PSAR: Bearish
Support And Resistance
S: $0.010
S: $0.012
R: $0.012
R: $0.013
R: $0.014
R: $0.015
R: $0.016
R: $0.017
R: $0.017
R: $0.019
Volatility is very high
EXPERIMENTAL 🧪
🐂RSI: Bullish divergence
🐂MFI: Bullish divergence
⚪️FVE: No divergence
⚪️Volume: No Trend or volume confirms trend
DENTUSDT trade ideas
DENT, it's time to grow up!What I like:
MRI BUY. If MRI singles appear on or near the tops or bottoms of swings, they usually result in a 1-4 candle correction or trend change. Even 2-3 DAILY correction candles will give DENT enough attention to grow further. We know this can be very quick.
A long bounce from the 0.618 Fibonacci zone
There is also strong historical resistance there
Many altcoins have started to rise
However, DENT is still under the downtrend line.
The ideas are mine, the risks are yours.
Disclamer: I'm sharing my thoughts and not giving financial advice. All decisions are your own and you are responsible for them.
Have a plan for the situation if something doesn't go your way.
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