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district0x / BTC

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DNTBTC trade ideas

Great entry to go long on DNT!Really nice chart. This coin had its pump and was then dumped and is now back for business (lol). Anyway, volume is descending whilst the price is making higher highs which is a bullish sign. Marked possible resistance levels with the blue line. Don't take the yellow line for granted it's just there to visualize things. In fact, we will probably see a more sideways chart. But the point is that this looks like the perfect entry to go long on DNT. They have a very active and transparent team.
DLong
by AaronCrypto
District0x Long Opp-- RSI trading As you can see I've been playing DNT like an absolute fiddle. I see this as a great long opportunity because I still consider DNT undervalued in terms of market cap, and think it has a lot of room for growth. Since its initial pump, it's been staying faithfully within the ascending channel while drawing down between fib levels of resistance. I definitely see DNT remaining in this upward channel for at least until it recoups the initial losses to the ATH, then I will revise this idea accordingly. Not much opportunity to backtest the RSI settings on this one, it's only been on the exchange a week or two. However, I'm looking at the hourly chart with 18 periods in the RSI and as you can see the negative divergence highlighted in red signaled the end of the run. I'm using 24 periods in the STOCH RSI to include a larger time frame, smooth the indicator a bit and provide fewer false signals by accounting for more of the macro trend. When a divergence appears here, it will be more reliable than on the other RSI indicator. Watch for any breaks below the long term trend line in green.
Long
by gagevalentino
District0x - Turning Towards the MoonRight now, expectations that anything is going to moon like they did in August/September is unrealistic and dangerous. That being said, District0x traded for as high as about 54c on Liqui before collapsing hard. District0x is another coin with solid fundamental value. It's recent listing on Bittrex has brought it back to life somewhat and it's regained the price discovery it had during one of its first waves up post-ICO. This coin is promising and is currently in a very nice patern. WWV shows distribution was very high compared to accumulation on its recent spike and correction. Willy21 shows reversal. Coin is new on Bittrex and volume is high. Fantastic long opportunity with first resistance at the local 618 and high expectations to breakout upwards. Though right now a lot of things are contingent on market velocity. Take profits at smaller gains and don't have moon expectations in the short-term.
Long
by RiversAndMountains