DENT (DENT) 100x to 7 cents Long

DENT / TetherUSBinance

Description

⋅ Mar 26, 2024 2:56 PM

On the above weekly chart price action has corrected almost 99% since April 2021. A number of reasons now exist to be long. They include:

1) Price action and RSI resistance breakouts.

2) Trend reversal. Higher highs higher lows replace lower highs lower lows.

3) Support and resistance (green channel). Price action confirms support on past resistance.

4) A hammer candle prints on the weekly support and the 21-week EMA.

5) The target area is measured as price action prints a macro flag pattern. A measured move from the flagpole takes price action to 7 cents from the breakout. 100x

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <= 6%
Timeframe for long: Remainder of March 2024
Return: 4000% from current levels

Trade active

⋅ Apr 10, 2024 9:36 AM

Past resistance confirms support. On Multiple time frames.

The next move could be impulsive just like FARM. Don't be the one of many folks who messages me with "I missed this one, do you think it will test the low again?"

Comments

porthos

⋅ Mar 27, 2024 2:29 AM

What make you think this dinosaur token will bull again ? Normally, the dev team had already dump all the shares, the whales left long long ago

without_worries

⋅ Mar 27, 2024 4:32 PM

@porthos, "What makes me think", 100% Technical Analysis. 0% fundamentals.

dmeyer08

⋅ May 8, 2024 5:14 PM

Lucky bastards (who's ever buying here) got to retest the lows

Crowntales

⋅ Apr 13, 2024 5:40 AM

What are your thoughts on LINA/USDT?

without_worries

⋅ Apr 13, 2024 9:58 AM

@Crowntales, On the Binance delete list. Those are my thoughts.

AIPL4

⋅ Apr 10, 2024 2:19 PM

OOE/USDT is also extremely undervalued imo. Down by 99,80%. What do you think?

without_worries

⋅ Apr 10, 2024 3:14 PM

@AIPL4, Price action prints a sell signal after a near 300% rise. No buy signal at this time. I'm not sure why anyone who has a goal of making money would hold this.

2-day

AIPL4

⋅ Apr 10, 2024 6:07 PM

@without_worries, interesting view. Lets see what the next 3-6 months bring.

without_worries

⋅ Apr 10, 2024 6:39 PM

@AIPL4, I think most things will make some gains in the months ahead. Some gain versus awesome gains are where I would want to be. I use probability to help me make sure I remain in the latter.

AIPL4

⋅ Apr 11, 2024 8:43 AM

@without_worries, no worries it is not my intention to come back to you in few month to show you this coin has move by x % while 1000 others did the same or even more. OOE has an MC of 10M and has been beaten down by 99,80% on its USDT and BTC pair and is forming some bullish divergences. Also backed by VCs like BinanceLabs and Multicoin etc. Considering both, TA and FA makes it and interesting risk to reward ratio with immensive rise potential imo. Thats why wanna listen to another point of view, thanks for that!
Lets see how things play out.