Clear inverse head and shoulders pattern.
Things could go very high from here.
District is a very low cap coin, investing/trading these coins is always riskier, do your own research before you put your money in.
DNT has a very nice weekly candlestick and the last Doji will help DNT rise to the zone of 100-110sts and if it breaks this zone, the target of DNT will be 160-170sts
Cancel this idea if DNT closed the daily candlestick under the bottom of the last Doji at 63sts
This is an example
It may not look very strong or bullish
It may look like it is proped up on nothing
But this is a very bullish structure
Looking for bullish continuation of the green fib wave according to my fib waves idea.
District0x is slowly climbing up. The recent drop provided a nice buy point. As can be seen on chart there is a broadening wedge with a falling wedge sitting within it. This is a very bullish setup. Fractal pretty random because of the nature of hourly charts but I gave it a shot. Lets see where this goes.
DNTUSD has produced a LARGE descending scallop, this has been a very successful trading pattern for myself, currently sitting way below the Gaussian channel trend, which is a good sign for an entry point if you are looking to go long. My favourite altcoin! A great opportunity!
This pattern has been appearing across a wide range of alt coins including Fetch and District0x, district0x in which i am long on. Is this a bullish pattern? Alt coins may be on the VERGE of large growth. The pattern shows a clear top with an indistinguishable shoulder formation. Any comments on the formation would be helpful..