First Post: I've been watching the Hyped On Crypto - Live streams daily and nightly (on Youtube and Twitch) by @lordray and he has been teaching me a lot. Publishing this DENT TA, I think DENT is going through it's ABC correction wave after that huge impulse (due to being listed on Binance). I will be placing my orders at the .618 Fib level around 112 sats. After the ABC correction (wave 2), with proper volume it should continue to complete it's third wave to push higher highs. Not sure where that will be, but as soon as I have an idea I will update this post. Good luck to all and happy trading! :)
BTW checkout Hyped on Crypto's channel on Youtube and Twitch. He only needs 45 more subs to become a drunken viking (lol inside joke, but literally he will be a drunken viking on the nightly stream at every 500 subs).
-Theo
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I'm putting in some buys starting at 117 sats down to 111 - 117 had a close on the 15 min chart on the impulse wave up and in case there's a huge bounce I want to get in a little earlier than off the bounce off the .618 Fib level.
-Theo
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Just to cover my butt, lol, this is not trading advice I am documenting my trades and progression as a trader. Also FYI we are in the "C" correction wave. I'm not sure if the "C" has to fall lower than the "A" end of the wave. Looks like people are jumping on board.
@tfabella85, it is going to rebound? Going up? Thanks
TheoIII
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@matabapogi08, I hope buddy. According to the Elliot wave pattern, we should have completed the 5th wave (on the 30 min chart). This should confirm the falling wedge pattern and a break out might occur if the volume spikes.
REstrella99
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Update ? Bought at 97 .. what should I set my stop loss to ? Thanks