It looks like DNT has found its bottom and the divergence confirms possible uptrend. Last 4 hour candle is GREEN. Hoping for some action soon!
Need volume though!
PS: chart has all the points. Please hit "LIKE" to support!
Thanks!
BINANCE:DNTBTC
All,
I think DNT is finally completing its falling wedge.
TTM Squeeze 2/4/6 hour going off and almost the end of the wedge. Will update if broken!
The price rebound may fall back to the Fibonacci 0 line at 0.0000935 BTC
Prices then rise again, with three resistance areas at the 0.382 Fibonacci level
A strong resistance zone, if breached and stabilized above it, is likely to witness significant gains
Expected targets to be achieved from current prices
0.00001200 BTC
0.00001400 BTC
0.00001800 BTC
0.00002100...
DNT/BTC has been in a steep bear trend for the better part of 2 months, but there's signs that bullish strength is beginning to build in the market.
First up, this is a long-shot. So I'm not making ANY buy recommendations yet. I won't even entertain that until we get a solid daily candle that closes above the bear trend line (something that hasn't happened...
So, looking to DNTBTC chart I see huge rise soon. We have triple bottom pattern on it and every indicator is on oversold level. BTC will stop to rise sun and DNTBTC will show it's real power. Targets are 1200, 1500. No stop losses guys )
Also, it's on last fibo level, that's a powerful sign to buy some.
Hey Guys:
BINANCE:DNTBTC is our next coin of discussion.
It looks as though we are in the back-half of a potential cup-and-handle forming on our 1 day chart for BINANCE:DNTBTC .
Entry Point:
Should the cup come to fruition, we should wait for the handle to form before making a decision. Should a handle form before breaking out past the 0.236 Fib level,...
Technical indicators: Momentum (10), Exponential Moving Average (10, 100), Hull Moving Average (9) - shows a growth possibility. The price consolidated at 0.0000100 level and is about to break the triangle upward. Moreover, if this happens then Fib 0.618 resistance will be broken too and a new wave of growth will start.
Today we are longing DNT/BTC on bittrex at 1000 sats.
Price is approaching a major long term uptrend line that has shown its strong support many times. This is where we will be buying.
Compared to historical buy volume, there has been a poor display of bear selling in this bleed out, with volume currently at its lowest, showing the bears are going back into...
DNT is next to break symmetrical triangle and it looks like has a bullish pattern, a double bottom. DNT is over an historic and important support at 1000 sat and I expect a rise until 1500/1600 sat. Use stop loss.
District0x is looking very bullish on the chart, its trend line has been intact with 6 touches were it springs off the support. Based on the chart and news, i believe DNT will rally in the upcoming days. How ever if the trend line breaks down, the trade in invalid.
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...
