AlanSantana

district0x Grows 40%+, Can Do Much More Next Month

Long
BITTREX:DNTBTC   district0x / Bitcoin
district0x (DNTBTC) just made a strong move to break above EMA10, printing a very strong bullish candlestick supported by big volume.

The 45%+ move we saw today is really strong, but this is only the beginning.

  • The RSI is super strong and DNTBTC is now trading above EMA50 as well.
  • The MACD is set up for massive growth in the weeks ahead.
  • Massive bullish sentiment across the altcoins market.

With a strong close on today's candle, this move by DNTBTC can signal the beginning of a new uptrend.

If prices below EMA10, the above signals become invalid and a new analysis is needed.

If DNTBTC breaks the last low set on the 10-Aug., we switch our view from bullish to bearish... Right now, we expect additional growth.

Previous chart:

Thanks a lot for reading.

Namaste.

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