DENT Triple Bottom + Long resistance line Broken! We have broken the red resistance line coming from a long term from ATH. We are now going to experience a VERY random upwards push that can happen anytime in the next week, but it will be met with a lot of selling, and thus, price will be driven down.
Our goal is to buy at the retest of this red trend line!
Target is 42% rise to $0.01 by the end of the month.
Market insights
DENT - Easy Set Up 🤩DENTUSDt is making nice bullish moves. We recently saw an ABC bullish correction with a breakout. Looking for further bullish momentum.
We could possibly come back to retest the ascending trendline. If we don't, look for strong bullish pressure and join in with the move.
See chart for targets.
#DENT 4h ANALYSISAnalysis of Dent currency in 4-hour chart
Analysis using characterization of motion channels, Elliott wave count
Obtaining targets with the help of channel expansion technique, using Fibonacci correction and projection and expansion and communication rules between Elliott waves
Based on the items specified in the chart, the targets are:
1- 0.01$
2- 0.0118$
Also suitable entry area:
0.0070 - 0.0077 $
Stop loss:
0.0063 $
DENT still not performing bullish action.It is been quite a while keeping consolidation. But now it seems to be supported at 0.0057 zone multiple times which is a possible factor to break down to the next support. I think the final support could be 0.005 zone and expecting a market reversal for new higher highs. Not only that but also BTC in a bearish situation. As long as altcoins follow BTC price action, this isn't a good time for long positions until BTC starts its bullish characteristics.
Happy Trading!
DENTUSDT - Ready To Explode 🔥DENT is trying to break out declining resistance, if we manage to do so i expect this one to run hard.
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DENTUSDT 4H the strategy with falling wedgeIn DENTUSDT 4H
If the price can break-out the falling wedge and the close is higher than the downtrend line .
Tip: The upper shadow must be short than 1/2 body!!
TP1: Fib 1(0.0089)
TP2: Fib 1.272~1.382(0.010699~0.011427)
TP3: Fib 1.5(0.012208)
SL: (0.005654)
DENTUSDT (4h CHART) - Resistance Breakout!
DENTUSDT (4h CHART) Technical Analysis
DENT/USDT(4h CHART) currently trading at $0.00662
Buy-level: Above $0.00650
Stop loss: Below $0.00577
Target 1: $0.00723
Target 2: $0.00793
Target 3: $0.00887
Target 4: $0.00998
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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