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JCBCrypto
Dec 5, 2017 6:28 AM

DNTBTC Descending Wedge Breakout Long

district0x / BitcoinBittrex

Description

DNT has formed descending wedge over the course of a few weeks.

Stoch RSI signaled bottom and buy 2-3 days ago, hinting to put this pair on watch due to bullish potential.

WT_LB green crossed red from underside to upside, signaling bullish movement

MACD support upward movement

DNT has been overlooked since long term downtrend, but has extremely good idea and over 5 products.

Descending wedge is known for large upside breakout, sellers have been exhausting and you can tell by last 10-20 daily candles as we neared bottom.

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Trade Active

Trade closed: target reached

Targets Hit
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