Assalamualaikum and good evening to my fellow trader, correction wave abc from a downtrend is a flat wave, we can see the price is directed to making a impulse wave 12345 (Elliot waves theory) Good RSI number. I traced the price using a Bollinger that is build in together with Fibonacci Retracement. and the price is at the btm of the bollinger means there will...
This is not an investment suggestion- Done this for education.
This is just an idea and does not mean a buy and sell signal Good luck
Hello everyone, this is my 12th recommendation in the crypto market for this cycle and the one that has 2nd biggest weight in my portfolio. as I start every post first let me briefly describe what you see on the chart. In white you can see the price of DENTUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple...
Elliott wave analysis is very subjective, and in hindsight often makes perfect sense, after making adjustments to fit the outcome. So it is in the case of DENT. What appeared to be a wave 4 correction getting ready for a Wave 5 impulse to a new All Time High, has suddenly turned into a corrective A-Wave after a steep price plunge below the start of the movement...
Hello fellow trader, i think dent is gonna go down a little bit, and reverse at the bottom of the channel, since its gonna start its impulse wave , the RSI is looking pretty good as well. Feel free to correct me, or share your ideas! we grow as we share.
This is not financial advice !!! This is Just Chart analysis !!! re LONG : 0.0103$ TARGET 1 : 0.0139$ TARGET 2 : 0.0181$ STOP : 0.0068$
For those needing an Idea of $DENTS new possible breakout, after btc and doge occurrence, I hope this gives an idea. $DENT is forming a triangle on the 1hr chart we have 2 confirmations of said trend, with the 2 peaks, used this trend to find a top to short Dent and had a profitable short. Onxe $DENT breaks out, its on to you, to find a take profit point, hope...
A brief update on DENT following the breakout of its declining channel. The 1D MA9 has crossed bearish below the 1D MA 20 and you may wonder if this is a bad omen. However, if you look carefully at March 6, you will notice that this also happened there, immediately before the commencement of a rally to new highs. The most immediate obstacle for DENT to overcome...
BINANCE:DENTUSDT Hello everyone 😃 DENT has been rejected into a rising wedge ( It's formed by 2 bullish trendlines ). Now MACD is slightly bullish and MA 200 is below movement ! Current bearish trendline got one more chance to reject movement for breakout... But as DENT is approaching lower bullish trendline, MA 200 will try to support it from that level....
Dent broke the triangle. everything seems fine. this is not investment advice.
What is your idea ?
Dent was making falling wedge and the breakout + retest done and now it is at support after testing it will pump hard. Not financial advice.