Using Elliot Wave theory (to the best of my ability), it is my opinion that DNT will break out of this rising wedge to the upside within the next day or so. I also believe that with a substantial volume increase, it has significant upside potential. We are also in the oversold zone on the 1D chart.
District0x is one of the lesser known cryptocurrencies available...
Basically, DNTBTC pumped yesterday hard so correction followed it. Happily price didn't go further down and we have 2 long wick candles on hour chart, which is positive here. I expect continuation towards 150+ satoshis in upcoming 1-2 days. Price has to stay above 110 in order for it work. Keep your SL tight and good luck !
Opportunities everywhere, heres DNT for example
Proped up nicely between two MA's
MACD has moved into positive region
Falling wedge / descending scallop, I cant make up my mind.
I highly recommend ERC-20 tokens as a buy.