DENT short setup comingDENT is continuously falling inside a descending channel since November and there is more to it.
Analysis:
Found 2 bearish orderblock which are untested so its a high probability before continue trend they are going to be tested
Broke major structure, found support on 4h block and going to test the upper 4h block as resistance which is near order blocks
Entry prices are on chart take action as per Price Action. Why?
Because Birdy trades what they see on chart not what they think will be on chart.
DENTUSDT trade ideas
Short opportunity on DENUSDTPERPA short opportunity is forming on DENUSDTPERP on perpetual futures at Binance. You can see all the same signals in the chart above this month. I will detail each one below.
Rules for the entries
LONG
price closing above MA 200 (yellow) and MA 20 (red)
The last candle is going above the open value of the latest bearish candle
Last bearish candle can be at max three candles away from the latest candle
The last candle must be close to the MA 20 (red)
SHORT
price closing below MA 200 (yellow) and MA 20 (red)
The last candle is going below the open value of the latest bullish candle
Last bullish candle can be at max three candles away from the latest candle
The last candle must be close to the MA 20 (red)
Stop Loss
The lowest value of the latest four candles when Longing. The highest value of the latest four candles when Shorting
Take Profit
Two times the size of the stop loss.
May/2022 Signals
Signal #1 - May 1st - 8h timeframe
Almost on sideways movement, The price moved to trigger our signal. That trade resulted in a loss of 4,8%
Signal #2 - May 3th - 8h timeframe
In the same sideways movement, price movement triggered another signal. We followed the rules and entered. Unfortunately another loss, close to 5,8%
Signal #3 - May 5th - 8h timeframe
Our third signal of this month was triggered with a strong bearish candle, engulfing the latest bullish candle. Profit around 17.7%
Signal #4 - May 10th - 8h timeframe
Another signal with the bearish engulfing candle.Profit around 17.5%
Signal #5 - May 17th - 8h timeframe
Another signal triggered, order already opened to make close to 16%
Total profit this month so far is around 45,8% with 1x leverage.
Dent will make another crazy move after this correction is over!BTC might go to 28-30k in the coming few days.
I see Dent touching this strong lower support formed from back on March 2020 bottom of Covid-19 crash then going up for a massive move.
Buy now or buy between 0.00125 - 0.00157
Targets for the coming weeks and months:
0.022
0.035
0.045
0.055
0.071
0.09
0.146
0.236
I see those last 2 targets happening when BTC hits 100-200k.
This whole scenario might play out in as low as 6 months by the year end or Q1 of 2023.
DENT: BULLISH RALLY ABOUT TO START!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this DENT/USDT TRADE setup. DENT looks amazing here.
DENT is a very promising project for which I'm quite bullish in 2022. DENT is trading inside descending triangle in the weekly time frame. Last time when it breaks the same kind of triangle it pumps more than 6000%
Currently, it is making that kind of weekly candle the same it was made previously. And after that candle a huge pump we have seen in DENT. So I'm expecting the same now. Buy some now and add more in dips.
Entry range:- $0.0024-$0.0029
Target:- 6000%
SL:- If any weekly candle closes below $0.0020
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
DENTUSDT Wants the pullback?The price had a breakout from the descending channel on the daily timeframe and got a rejection from the daily resistance on 0.0035.
on the 4h Timeframe the price is testing the 0.886 Fibonacci level on the daily support.
how to approach?
The price is creating a descending channel on the 4h timeframe and it's testing the daily support as I said above, so, If the price is going to have a breakout from the descending channel and flip the 4h resistance to the new support, we could see a pullback until the weekly resistance around d0.003 if our rules are going to satisfy
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Dent - 300% profitA bit of those analysis on the Dent coin, above 0.0038 there can be a very bold increase.
The accumulation is long, the previous trend was growing
The first resistance is at 0.007, which is also not a small increase - 120%
On the passage of resistance and exit from the accumulation triangle, it is quite possible to go boldly long before the first resistance, growth can be sharp
Plan
I will buy above $0.0037.
First target - $0.007
Second - $0.016
Stop - exit below the level of $0.0034
Excellent Entry For DENTHello everyone.
As we see in the chart, now DENT is in wave 4 of C of a big flat wave subdivided in (3-3-5).
And wave C consists of 5 expanding ending diagonal.
Entry region: 0.00247 - 0.00257.
Target region: 0.0044 - 0.0048.
Stop loss: 0.00243.
Best Regard.
DISCLAIMER:
This is not a recommendation to buy or sell.
Make your own decision.