EthanTW

DENTUSDT - Good entry timing after that

Long
BINANCE:DENTUSDT   DENT / TetherUS
BINANCE:DENTUSDT
1H trend chart
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DENT has broken out a downtrend line, but got resisted further.
It is consolidating as a descending wedge , and there is an obvious zone around Fib(0.618).
If price can break out the upper downtrend line, trading strategy as below.
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Profit Targets:
a) 0.006920----Fib(1)
b) 0.007775~0.008120----Fib(1.272~1.382)
c) 0.008862-----Fib(1.618)

Stop losses:
a) 0.005632-----Red horizontal line
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