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Rex_yang
Oct 14, 2021 4:31 PM

DENT D challenge downtrend again ! 

BINANCE:DENTUSDT1D
DENT / TetherUSBinance

Description

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In DENTUSDT D

Price brokeout the NO.1 downtrend and retested it.

With the fan line theory we modify the downtrend like NO.2

If it can breakout and go up the neckline .

We can setup the plan

SL:0.004978



TP1:0.008900
TP2:0.010896
TP3:0.011703
TP4:0.013436
TP5:0.016239



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Trend AnalysisChart PatternsdentDENTUSDTDENTUSD
Comments
Zaintariq4
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Hi Rex. I'm confused which Fibonacci indicator is the best one on TV. could you guide?
Rex_yang
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@Zaintariq4,
Hi~

I treat Fibonacci as tool not indicator , it help me to know where is S/R and predict the target.
But you need a lot of accumulation experience to do that .
a9sdaswfga31
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@Zaintariq4, I am using the one built in tradingview (hotkey: Opt + F), any other suggestion?
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