District0x (DNT) is showing signs of its retrace against btc slowing and switching directions. Volume has decreased pending a directional decision and will increase greatly once the move is decided. The price is currently indisputably supported by a long term trend line that has proved its strength repeatedly. Furthermore, coinciding with this trend line is the...
After a ABC elliot we have new elliot wave here and its already has reach the first target.
Wait for the secont target Buy around 1500 and stop loss at 1350
At 3. wave might be stop at 2600 we have a strong wall.
After 3. wave happened you can buy and sell for profit
DNT is showing movement within a wedge. There is a possible hidden descending triangle in the mix (yellow line) so I am going to hold off for a day or two before acquiring to see if we bounce off or break the yellow line.
Guys I'm seeing so much opportunity in the smaller market cap coins here. We just have to be patient.
We want this to stay along this trend line as we go through this consolidation phase.
I'm going to use this sloping growth rate for our second target, each wave is growing at a linear rate, which calls for exponential growth. Target 3 is possible if we continue...
This is my very first idea published here. Your insight is very welcome.
DNT is a promising project & token.
Just noticed its lifetime chart is one giant cup & handle.
On a long trade (maybe 3 months), buying below 2000 or even 2500 seems cheap.
2500 looks like the breakout level on this pattern, so one could also wait for it to enter with stop loss...
After a few days of consolidation $DNT (District0x) breaks upwards out of bullish pennant. It will come back down nicely to retest previous resistance and also find some support at the 50 hour MA. Look for more upside here.
* Arrow not indicating a target, but a general direction. Take profits as you please, as this is a long term hold for for me since ICO,...
Found this way too late, was too invested into other things but better late than never
again, simple trend lines show huge burst of interest, so now we wait for the dump. at the time of this analysis, hourly trend shows strong resistance to break higher. expect a good drop in next few days for another entry point for short term investments. Similar to another coin...
DNT is like other coins not at its ATH and is a promising coin.
DNT Stoch RSI Indicates that is oversold. Following Trendline.
Near the support line a good opportunity for buying.
Set Stop-Loss at main Trend line.
coinmarketcap.com
Here are some potential short term trades for those wanting to make some quick profit.
What we know and why:
It's on a bullish falling wedge (Basic Observation)
It's on a bull run- (MACD Cross Verification)
Its mad cheap to invest in. Less than a dollar
What we don't know:
The troughs between all of the rises
How high we should set the stop profit...
