DNTUSD - A Matter of TimeThis is the 3M timeframe for DNTUSD
It has been trending for a long time along the middle of this indicator "Gaussian Channel" on the 3M timeframe.
With a previous breakout from this level of 7000%
I cant wait to see what the next breakout will be.
Very good buy on this timeframe.
Indicator analysis
DNTUSD trade ideas
DNT and CoinBase ProBuy in at $0.0570 with $%0. I have run many trials from 2021 - 2024. Same outcome on Coinbase Pro. They take 25% of price from buy-in spot. Thats on a trade $50-$500. More if your dare. Predatory pricing. OnRamp Only then move to DEX. Trade still a go! No advice but selling is silly!
DNTUSD preparing for new highDNTUSD is forming a potential rounding bottom pattern, with the price consistently making higher highs and higher lows.
The current pullback presents a strong buy opportunity, with the accumulation zone highlighted and a stop loss recommended below the intermediate demand zone. The sell-off area has been identified as a strategic profit-taking point.
Due to the high volatility of this asset, caution is advised when trading.
Share your thoughts on this project in the comments section.
DNT-USDThree scenario's
-1. up and breakout
-2. up to local high, and continuation until trendline is hit.
-3. continuation of the current PA of the trend until July.
*bonus
-4. PA falls below 0.04 then I'd see it as a trend reversal into a bear.
I wouldn't mind if it came down to 0.045, to test a broader trend. But we'll see.
For now, I'll put a buy order around 0.045 For the wick if it dips because of the current short-term PA of BTC.
DNT USDFirst and foremost, this is not financial advice. All financial decisions are your responsibility.
What do you guys think about this one?
The volume suggests this structure to be a bull flag. Often leading to a continuation of prices. These usually have a higher than 50% probabiity of upside.
One to watch 👀
Broken downtrendIt’s possible to see a push to .06 in coordination to the 7th of feb.
We could also see a rapid retrace due to it being up 40%+ I. The past week.
But judging by how we saw BNT have a 220% increase in just 1 week we could see this coin trying to catch up with the previous market that has since retraced. Just keep an eye on this one could see some quick profits or quick loses, only risk what your willing to lose
Good luck and have fun with it.
DNTUSD Monthly MACD CrossA MACD observation showing a cross on the Monthly timeframe.
It is either crossed or about to cross over, this could be very bullish for DNTUSD
Observational post
DNTUSD Another Look With RSI RSI has double bottomed and is looking for new heights
I believe we are in the earlier stages of a larger breakout
RSI has been seen to also bottom along this horizontal in the past aswell.
I am long DNT
DNTUSD Monthly BullflagA bullflag has emerged on the Monthly chart for DNT
Its small so far
Upside breakout is possible
DNTUSD - Moving Along Bottom Of GaussianPrice is currently trending along the bottom of the Bearish Gaussian Channel
This allows price to progress and eventually the channel will flip green
A lot of similarities to a previous time on DNT which I will link the chart below
DNTUSD BullishA bullish comparison of a previous rise in price and the current state of price
Similar deathcrosses of the 50 and 100ma are evident above the 200ma as support
I like DNT
DNTUSD - Inverted H&SAn idea for DNTUSD showing an angled inverted head and shoulder pattern
We are currently going to experience the right shoulder which is a bullish phase
Above the downtrend line also
DNTUSD Similar Higher Lows Higher low evident from this massive down wick to now
Last time this occurred price rose dramatically
Bullish comparison
DNTUSD - Cleared MA'sDNT has broken out spectacularly
it has broken above the 50,100 and 200MA lines
Support will now be found on the 200MA
From here price is really free to move around
district0x (DNT) - Bullish divergenceOn the above 1-day chart price action has corrected over 90% since last April 2021. A number of reasons now exist to be bullish, including:
1) Double “incredible buy” signals. Don't often see those.
2) Regular bullish divergence.
3) Price action resistance breakouts.
4) Latterly on the BTC pair (below) a life cross is printed. Interestingly price action breaks out of an ascending formation as sellers print wicks by selling into momentum, a fantastic signal.
Is it possible for price action to fall further? Sure.
Is it probable? No
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: 1 to 3 months
Return: 10x
1-day btc chart
DNT pump and return We saw a big pump and dump but found support at 0.13 now trending up, vol is picking up and social talk buzz is up. I see this right now as gathering support to a run up to 0.18 0.19 and then down to 0.08 this week, but then up over the month of May. Long term I think it will hit 0.90 to 1.00 by years end or Jan 2023. also see this going over $2.50 by 2024. this is just my opinion and not financial advice or trading advice. Never trade or invest more than you can afford to lose.