Strong horizontal support present. Simple analysis. Movement upward into the horizontal range likely. This is my favourite coin and in my 'un-biased' opinion xd I believe it has huge potential. Linking my chart to my young alts comparison, shows a good view on these alts.
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..
DNTBTC is a baby coin is retrospect of the cryptocurrency markets possibilities. Posting this to see if a moonshot comes within the next one to two years. Alligator can be seen to be sleeping bearishly near an ATL. Take your pick!
DNTBTC currently sitting on purple EMA level, this may push higher to 100+ Satoshi's, following the parabolic rise on the 4H chart. If not it will form a H&S which I have drawn an example. Lets go DNT!
As you can see both alts 'flatlined' after a large retracement, Lisk has already begun a reversal, DNT will likely reverse also. I have seen alot of charts like this lately where there is a flatline zone, and a reversal has begun to take place.
Good evening my fellow cryptocurrency traders... How are you all feeling today?
Yesterday district0x (DNTBTC) broke above resistance in the form of MA200 (0.00000074) and is now consolidating above this level.
This break of resistance happened after a higher low compared to Aug. '19 with above-average/high volume. This is all saying that DNTBTC is getting ready...
DNT bounce right at the upward sloping support today, if the price can hold this level in the coming days, I expect a potential minor reversal pump up to 90 sats.
We will have to wait for now and see how the price reacts here in the coming days. Otherwise, closed below 67 sats will give bears more power to the down-side.
Priceline of DistricOX / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000075 to 0.00000067
Sell between: 0.00000081 to...