On the left DNT can be seen through the MavilimW indicator to be forming a W pattern that is comparable to a previous point (grey rectangle) (points in red,yellow,green)
I believe another move up through the Fib circle will occur, just as it did in the first W
Price is also sitting right above the .786 Fibonacci line, which is also a strong sign for the bulls
$DNT broke out from descending resistance and confirmed it as support, now it can head up toward resistance zone, and if success to break above resistance zone, then possible to touch $0.47 in long term.
break down from support zone will drop price to $0.11.
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...
DNTBTC Daily Technical Analysis
RSI indicator negative but others be POSSITIVE
Resistance price: 0,00000333 , ...364
Support Price: 0,00000304 , ...258 , ...245
If price stay under 0,00000304 next days can go up with strongly
DNT is having strong rallies and we can continue accumulating it at $0.16 for $0.19, $0.22 and $0.30 targets in November. If it loses the $0.16 zone, we can continue to buy at 0.13$
♻️Condition : If 1-Day closes ABOVE 0.16$ zone
🔴Buy : 0.16
🔴Sell : 0.19 - 0.22 - 0.3
♻️Condition : If 1-Day closes BELOW 0.16$ zone
🔵Sell : 0.16
With the MA's being aligned like this I think the triangle scenario with a breakout to the upside is more likely than the double top prevailing
This coin has already undergone extreme growth, will we see more?
The green bars pattern that shows my predicted price movement is a very sharp rise
The actual rise may not be as sharp. This is just for TA and easier interpretation
I am a hodler of DNT and have faith that NFT's will blow this one up
I am using Fib circles to see price movement around the rings of the circle
The buying force appears at 0.15$ zone, it could move towards 0.18$, 0.22$ and 0.3$ zones in this October and November. But if it loses this 0.15$ zone, it will fall down to 0.13$ zone
♻️Condition : If 1-Day closes ABOVE 0.15$ zone
🔴Buy : 0.15
🔴Sell : 0.18 - 0.22 - 0.3
♻️Condition : If 1-Day closes BELOW 0.15$ zone
🔵Sell : 0.15
The buying force at $0.17 is helping DNT to rise again and in the next few days it may rise back to the $0.22 zone to conquer this zone and continue to rise to the $0.30 zone. But if it loses the $0.17 zone, it will fall to the two support zones of $0.15 and $0.13
🔴Buy : 0.166-0.174$. SL if B
🔴Buy : 0.215-0.225$ if A. SL if B
🔴Sell : 0.215-0.225$. SL...
Pivot points on the Gaussian Channel
We can see the channel is opening bullishly (green)
and has reached a point on top of the channel
Last time it hit the top of the channel the price moved up ~400%
Price is floating above the top of the channel right now, providing us a great buy opportunity on the BTC pair
On the USD pair price has moved into 2.618 with a...
The buying force at $0.12 is quite strong and it always creates strong rallies for DNT. So if DNT doesn't lose this zone, it will easily get a stronger rally in July to $0.19, $0.26 and $0.30 zones. However, if it loses the $0.12 zone, it will continue to fall back to the $0.08 zone
🔴Buy : 0.117-0.123$. SL if B
🔴Sell : 0.186-0.194$. SL if A
Going on LOG chart, we can find an ascending line. If we break and close below this line(below 300 sat), we may revisit the 150sat.
In my opinion, DNT has the potential to shock everyone and I am a long term bull. Anything below 1usd is cheap, if you are looking for the next 5-10 years investment horizon.
I will not sell anything below 20usd per coin. When it...
DNT on the weekly chart can be seen to have given birth to the 200MA on the USD pair
this implies volatility
while on the monthly chart price is clearly sitting above the Gaussian channel, which is also very bullish
Great one to hold
You wouldn't even think a comparison between DNT a small cap altcoin and Bitcoin would be relevant
Yet it works
Almost identical MACD structures and also price structures
Testing the 50MA for a bullish rejection
District0x is one of my favourite coins
It has formed this rounded top structure while in stages of reversal from a large bear market, in fact it has reversed a lot
I think this reversal will continue throughout the year, with this structure leading to a bullish breakout
It just takes time
Hidden bullish divergence happens when the price is making a higher low (HL), but the RSI is showing a lower low (LL).
Based on this, in the next few weeks, I am expecting a strong bounce from here.
Coins that accumulate slowly without much hype such as District Ox has gained my attention. Coiling in a small triangle, 4th touch so should see it break higher now. A 5th touch and further consolidation within the triangle would not be ideal.
Need to see good volume.