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quetzalc0atl
Nov 4, 2021 8:19 PM

Just fired off a spot long upon discovering newer listing... Long

Description

Noted today via a little BTC correction that the newly added to Coinbase Pro District 0x (DNT) was in a 21 percent pullback relative to listing price. I had to whip open TV right away and take 5 steps back to the deep weekly structure... to which I added an obvious Fib, strong diagonal support/resistance coming to a bull-flag looking wedge. Couple that with the data that generated the white moving average showing we have been pushing harder on the upper than lower bounds of this formation I have every reason to believe that as long as BTC plays nice and holds 58k+ with BTC dominance continuing to drop and money flowing into alts, this is one Coinbase "safe" play that will likely at least test the 1.618 if not completely clear it into price discovery.
Comments
stinkycat
Also sitting at only ~100,000,000 market cap. This is a gold mine imo
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