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Godwin1130
Feb 22, 2021 4:28 AM

Idea for DNTUSDC: Coinbase Long

Description

I believe the next wave is coming soon. A possible retest to .24-.28 range before bouncing up to test a new level around the .54-.60. I am not a financial advisor and only do this for myself however I am open to discussion on other ideas or trading strategies everyone is using with DNTUSDC trading pair. Us smaller traders need to band together on this next bull run!

Comment

We need to break out of the .30 resistance level and if not we could see a retrace to the .23-.25 zone.

Comment

Looks like we may have some new activity. I'm watching the .27 and .30 resistance zones. Area of support .21, .23 and .25.
Comments
nherbe
I'm wondering if this is currently still a good idea
Is this market taking a huge dip today or what?
Godwin1130
@nherbe, I am watching BTC closely today this will tell us what will happen.
razdul
@Godwin1130 markets following btc strongly but looks like DNT is making some waves.
Godwin1130
@razdul, Thanks I did just notice that too now. Some volume has returned as well. Resistance levels I'm watching are .26, .28, and .30
felvel1234
Do you think it’s gonna go up from here ?
Godwin1130
@felvel1234, I am currently reanalyzing and will update soon. It mirrors BTC very closely, so if BTC continues on to test new highs then yes. Long term I still remain bullish.
Jordylucci
Good call
eternalfallout17
i feel it rides on what happens to Bitcoin here in near future and otherwise i agree with you, but if nothing major happens that throws a wrench in cryptocurrencys in general i think we should see a little profit from bitc put in alts
Godwin1130
@eternalfallout17, Thank you for sharing your thoughts. I definitely agree with alts following BTC right now and that could help push them up in the near future but with BTC hitting new ath we could see some slight pull back across the market.
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