Chart shows common supports and resistances based on the Fibonacci and price action. The total evaluation for the DENT coin is bearish. The asset itself is not able to create any significant lower highs and it keeps on being rejected on a simple 0.382 FIB which means buyers are not interested in "keeping" the price above the 0.236, therefore one should be entirely cautious when holding a large amount of this coin for future long term holding. For each and every established oversold indication from the Relative Strength Index, it also did not create a higher high.
The recommended strategy for this coin is to only long it from within the 0.236 during a bull market and to short it in an event of a bear trend for a strong edge. The chart will depict a "SHORT sentiment" until proven otherwise since it is struggling to even stay above the 200 MA.
The recommended strategy for this coin is to only long it from within the 0.236 during a bull market and to short it in an event of a bear trend for a strong edge. The chart will depict a "SHORT sentiment" until proven otherwise since it is struggling to even stay above the 200 MA.