💎Technical Analysis Summary💎
-District0x is now at the strong confluence of support
-We can see the selling pressure starting to cool down
-This is a good sign for a potential upside correction
-DNT needs to hold this area for a few more days
-And Bitcoin don't start dumping because Altcoin will follow
-Please observe both markets so you can...
Opportunities everywhere, heres DNT for example
Proped up nicely between two MA's
MACD has moved into positive region
Falling wedge / descending scallop, I cant make up my mind.
I highly recommend ERC-20 tokens as a buy.
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.