assetsandcoffee

DNT - Daily - "Accumulating Since February"

Long
BINANCE:DNTUSD   None
Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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///////👍✋Not financial advice, do your own due diligence ✋👍////////
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➡️Technical Standpoint⬅️
1.) Consolidating since February; bias is in favor of Bullish hidden consolidation.
2.) Whipsaws out of the symmetrical triangle indicates volatility is going to pick up.
3.) No interest to date, so this is a solid no fomo zone.

➡️Fundamental Standpoint⬅️
1.) Tradeable on Coinbase pro, which means analyst employed by Coinbase see potential in DNT.
2.) 200 mil market cap, meaning it has a lot of room to grow.

➡️Current Season⬅️
- Altseason

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//////Indicator Legacy/Meaning//////
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✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ Major Resistance Line( MRL ): is the color fuchsia.
✨ Major Support Line(MSL): is the color aqua.
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
- Fuchsia Circles = Clustering of circles on the lower end of the spectrum means consolidation.

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