• DENT has many similarities with LRC.
• One, both been depreciating against both BTC and ETH.
• Two, I’ve doubts about their real life use cases.
• Three, both are bubbly assets which I picked up during BTCUSD’s Consolidation Phase.
• Four, both do not acquiesce easily to TA (especially for short-term trading).
• Regarding the last point. I suspect the main...
DENT is in this lovely trend where it looks like it can break out on the daily chart.
I would wait for a confirmation of a break to enter, and then enter more position size if we have a pull back to that resistance and test it as new support.
I believe this should send DENT to its trend high.
Play with a tight stop loss and take profits on resistance...
