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hardforky
Jan 13, 2021 9:08 AM

DNT Bounces off intraday support Long

Description

Potential drop to 0.086 or continue up to $0.19+. Expecting BTC to continue chop. DMT Move up in short / med term.

Last Idea for DMT for now as BTC will draw my focus as it is set to push up. DMT price action has been quite predictable (heavy presence on Coinbase probably the reason for this?) and will revisit in the near future.

Good luck in the future with this ALT DMT followers.

Best, Hard Forky




Comment

DNT starting to break up. may not retest before resumption up. I call this DMT, my bad :(

Comment

Breakout looks like it has failed - revisit sub $11
Comments
ehpays
You still think it's gonna drop?
hardforky
@ehpays, when the breakout failed I partially moved to the sidelines as focused on other ALTS. Today it looks like the price bottomed out (21st Jan) but expecting this to drift sideways rather than drop again. We are still in an uptrend and I am bullish in 2021 so holding remainder whilst above the 0.08$ mark as it's the reward is to the upside. ALTS look bullish despite the BTC drops - yes they also drop by +10% but they are bouncing back / not losing their major gains.
hardforky
@hardforky, If I was to buy I would hold off either until the price becomes particularly attractive (0.08) with reduced risk or a break up (entry on confirmation and resumption above 0.16. Targets should be much higher... although we've seen these ALTS stall at local highs in these situations.
TheSignalyst
Wonderful chart dear. I will be following this one too
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