DENT is coming close to the all time high triangle end. Big move
We are coming close to the end of the triangle DENT has been trading in between.
Price is currently at the bottom support line.
If the price breaks it will go to 0.0027 - 0.0022.
If it breaks up, we will see a short-lived movement up to 0.64 zone - but caution, because this is fib level 0.236, and a rejection at this level means it will re contest the red resistance trend line.
On the break of this trend, we will see it move sharp to 0.009. This is hopeful bullish thinking.
Price is currently at the bottom support line.
If the price breaks it will go to 0.0027 - 0.0022.
If it breaks up, we will see a short-lived movement up to 0.64 zone - but caution, because this is fib level 0.236, and a rejection at this level means it will re contest the red resistance trend line.
On the break of this trend, we will see it move sharp to 0.009. This is hopeful bullish thinking.
Comment:
RSI reversal is occurring now on the daily. We need one candle body to close above 0.0053 and that's it, we're good to go higher
