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In this weekly tf market gained bullish momentum but it seems like it rejected the above zone, i believe we still have rom for a pullback before continuation. Patients is the key.
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SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
At the request of my friends again, I analyzed Dent
As usual, it has a downward trend
I defined two scenarios
If it continues in the same direction, it will reach the price of 0.00179
If it can be supported and a new trend above 0.0025 is formed and stabilized, it can climb.
Remember, everything has to do with bitcoin
I had already analyzed Dent and it was fortunately completely correct
We expect an uptrend to the limit of 0.0055
Of course, I hold for the price of 0.04 cents
I also bought some in the defined range
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BINANCE:DENTUSDT is in an ascending triangle, which is a bullish pattern. Wait for a breakout of the (red) horizontal resistance line. Put your stop loss at a percentage you feel okay risking (typically between 1-5%) depending on your risk appetite. Take profit 1 through 3 are in dotted lines.
Priceline of DENT / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0002033 to 0.0001879
Sell between: 0.0002153 to 0.0002442
Regards,
Atif...
Priceline of DENT / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0002335 to 0.0002255
Sell between: 0.0002398 to 0.0002547
Regards,
Atif...
Priceline of DENT / Tether US is moving withing a pennant.
MACD is turned weak bearish from strong bearish.
Stochastic is oversold and likely to give bull cross soon, for secure trade we can wait for bull cross.
RSI is oversold.
Price action has hit the support of pennant and bollinger bands support.
Sell between: 0.0002408 to 0.0002676
Regards,
Atif Akbar (moon333)
