FollowMeTrader

All about DENT

Long
FollowMeTrader Updated   
BINANCE:DENTBTC   None
I'm not seeing any strong signs of reversal for DENT at the moment, however we can notice some points that call attention.
-Fort accumulation: highest peak volume of purchases of all time a few days ago (at the end of April). This may be a sign that large investors may have insider information and are buying for future highs
- Starting a possible high divergence with RSI
- Good news for June 30 (Link attached here)
On the chart: If btc maintains the bullish trend, I see many chances of DENT to get the target around 17. If there is a confirmation above that point, or rupture with volume, we can go up to 23. Above this I think unlikely, would be a trend reversal signal.
Remembering that there is still no strong sign of discharge, are early signs.
Trade active:
Perfect trade: Bought at 12, sold at 16. Easy 25%
I will buy again when I am over 17
Comment:
Sell top -> Will buy again around 17

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.