Bullish reasons Trendline is being respected. Huge correction after insane 800% pump to recent high from March 20 low. In a support area.
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...
Using MACD to plot similar points DNT (district0x) can be seen to have moved into positive macd zone I recommend DNT as a buy if you are searching for an alt coin
In an Ascending Channel Major buy zone in green (triangle) Trend analysis
Some spirals suggesting a top at around .1
NOT FOR THE FAINT HEARTED! BUY @ 113-119 TP-1 @ 172 TP-2 @ 245
DNT Idea Still a good long opportunity, regardless of the possible return to the rounded support. Volume is massive.
District0x can be seen on the. BTC pair to have a tightening gaussian channel AAVE has already undergone this 'tightening' and look at the results once it turned.. I highly recommend longing DNT.
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 !
district0x DNT High roller toilet money it was all a dream well well well is the big crash coming or we on the way to the other place.
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.
200ma and 100 ma historic made love district0x DNT High roller toilet money come on now first target reached let see what happens now this for all the peps that bought at 0.00357
Similar macd structures looking for a huge breakout like on lend yes, that would be good.
Aave broken through 2.618 from a large falling wedge Using DNT as a comparison
Gann wedge Could breakout on the third test underneath MA
Others cap Ascending scallop pullback on 1.618 fib line This will likely break through the fib line bullishly I recommend DNT for a hot alt pick
District0x has broken out of fib ring This may lead it to move higher