Taking another look at DNT I can see a bullish divergence developing and nearly completing on the weekly timeframe
while on the Monthly timeframe price is touching the 50MA, this is a nice correlation between the two timeframes
Last DNT analysis I suggested a recovery at the 50MA on weekly, now we are at the 200MA, a second point of support
Lets see if it acts...
DNT is retesting $0.06-0.65 zone and buying power still exists, we can believe in this zone at this time for high targets in the near future. When successfully testing this area, DNT will increase very strongly as it did in the past
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.06$ zone
🔴Buy : 0.065 - 0.06
🔴Sell : 0.08 - 0.1 - 0.12
📉BLUE PLAN
♻️Condition : If...
buy buy point=0.00000180
sl =0.00000165
weekly rsi = 30
i think dnt is good
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Fundamentals:
Billed as a "network of decentralized markets and communities," district0x is a platform that allows users to easily launch their own decentralized platforms which are governed by a decentralized autonomous organization (DAO) structure.
Each of these platforms is termed a “district” and can be launched free of charge on the district0x. The ecosystem...
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
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
On...
i remember buying this coin back in 2017.. although I have not been paying attention on the development side i think this will pamp hopefully 10X or more
district0x First peaked in February 2021 with another high in April and finally May.
All three peaks reaching similar prices (green circles).
A long correction followed and an accumulation/consolidation phase has been going since early October.
Now, this phase of accumulation is reaching its end as we can see DNTBTC challenging today EMA50 and EMA100.
Closing...
#DNTUSDT
$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...
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 $0.16 zone, we can continue to buy at 0.13$
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.16$ zone
🔴Buy : 0.16
🔴Sell : 0.19 - 0.22 - 0.3
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.16$ zone
🔵Sell : 0.16
🔵Buy :...
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
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.15$ zone
🔴Buy : 0.15
🔴Sell : 0.18 - 0.22 - 0.3
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.15$ zone
🔵Sell : 0.15
🔵Buy :...
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?
Previous touches on the 50MA led to an 800% increase
What will happen this time?
the bitcoin pair also looks very appetizing with the monthly price sitting on the middle band of the Gaussian Channel
DNT Bouncing from horizontal support and forming cup and handle on 1D timeframe and breakout is possible in coming days so buy and hold your horses for massive gain in mid-term.
