plotting out some potential moves that DNT may make DNT currently has volume of 140million and counting jump on the bandwagon while you can This is my favourite altcoin
A lot of alts are setting up for large moves, district0x is an example A coin with currently very large volume Following a breakout of the bullish falling wedge, this coin wants to move up.
DNT is sitting above 200MA Looks good My chart on how these coins are 'baby coins' and are still pending their real breakout
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.
DNT has formed a falling wedge, this is a bullish pattern.
DNTUSD has produced a LARGE descending scallop, this has been a very successful trading pattern for myself, currently sitting way below the Gaussian channel trend, which is a good sign for an entry point if you are looking to go long. My favourite altcoin! A great opportunity!
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.
DNT has produced a bullish divergence on the ETH pair. Divergences are a great way to identify possible market reversals.
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!
Wyckoff Trading Range. reclaiming the golden ratio fib. chasing fib targets.
Descending scallop, highest success rate out of all chart patterns used by myself.
Simple descending scallop, looks as if a lot of accumulation is occuring..
DNTBTC Volume.. Institutional presence can be seen in late 2017
DNT/BTC 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.