*DENT-BTC indicating oversold characteristics, right next to ICO ROE hoovering about 10%~ from 0.
*MACD about to cross into a buying signal
*Past 24 hours a lot of buying action with a positive ratio of 28 BTC.
TP at 16 sats ~
DENT (DENTBTC) just printed a high volume hammer after hitting a new all-time low.
The lowest point for DENTBTC was hit on the 14th of May at 11 satoshis, today, a new low hit at 10 satoshis with everything being quickly bought up, so the long wick on the chart.
This signal only confirms when the daily candle closes, so this is an early signal.
There is bullish...
Making Falling Channel in 2D Timeframe.
Looks Like Its Bottom out & Bounce Back From Here.
Indicators Turning Bullish So Grab Some & Hold For Big Gains.
Also Bullish RSI Divergence In Bigger Timeframe.
Buy Around 6-7 Sats
Sell Targets 11 - 14 - 17 - 20 Sats
Timeframe Midterm (15-20 Days)
Don't Forget to Hit the IDEA.
DENT ABOUT TO EXPLODE THE BEAR TREND ITS OVER AND ITS SHOWING BULLISH FOUND SUPPORT 7-8 SAT
For All That Doesnt Know Dent ATH Is 689 Sat Yes Lower Supply By That Time + BTC HIT 20K
Buy At : 7 - 8 Sat
Short Term : 12-14
Mid Term : 21-31
Long Term : 100+
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I believe DENTBTC will have another rally soon and attempt to break to the 20-21 resistance. It's been stuck in this range for quite a while. It had a rally back in May but failed to hold above it.
RSI is showing oversold. It broke out of the bollinger band to the downside but it did manage to close the day higher than in May. I took out at a trade at 12 sats on...