ferjuhuza
Long

Distr0x 302% Profits Potential.

BITTREX:DNTBTC   district0x / Bitcoin
Distr0x has a dedicated dev team. People are looking at 0x, Distr0x is related. It's been spiking up for the past month; it wants to break out; it's no longer in a downtrend!

55, 89, and 144 ema has converged and 55 is back on top. broke out of triangle.
If this breaks out of first fib level (990) then we can expect it to reach the next one at least.

Price Targets:
1) 1412
2) 1709
3) 2005
4) 2372
5) 2965

These targets are not definite and can occur in a 8-13% range.
Comment: We saw a pump to 1824 earlier and DNT appears to have consolidated since then.
Despite it this I think it's going to go down. This is because it is approaching a triangle and the macd has crossed downwards.



Support is at ema 144 and 89.

Buy if it breaks the triangle upwards, sell if not. Also depends on BTC.
Order cancelled: Broke triangle.
Comment:

Looking to break triangle upwards which would put us above resistance at 1089.
MACD is closing in on a convergence.

If we break the triangle feel free to buy in.

Targets for this movement are:
1) 1089,
2) 1247,
3) 1357,
4) 1468,
5) 1604,
6) 1825

Claim profits at each level.
Order cancelled:

BTC dip, fell through triangle.
Trade active: Breaking out.
Comment:
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