Let's go back to district0x (DNTBTC) and the massive growth we are seeing on this pair.
It is easy to say that "the altcoins will grow 3x, 5x, 7x, 10x or even more...", another thing is to see it happen live just a few days after.
The entire cryptocurrency/altcoins market is deeply connected/linked . What one pair does, the rest tends to follow.
We have DNTBTC...
Nothing goes up in a straight line... Not with these charts.
When prices are going down, we see bounces, green candles, fake moves, recoveries... Then continues the drop...
As prices move up, the same is true...
We have red days, drops, retraces and then the growth is resumed.
We trade but we also read charts.
For me, I...
Bitcoin continues to go beyond while the altcoins continued to suffer... But you already know what we truly believe and that is... Patience is key!
We have over 125% growth today for the DNTBTC pair, gaining back all losses in the past 65 days.
Let me repeat that part.
DNTBTC recovered 65 days of bleeding in just 1 day.
Now... We wait patiently for the rest...
Looks like DNTBTC has more room to the upside
There is clear bullish divergence on the 4h chart
formation of a falling wedge which is bullish in the majority of the cases.
it could be the start of a final wave 5 before a proper correction.
As usual this is not a financial advice
DNTBTC is trading at support level. Trying to catch a/the bounce here. If support is lost position is closed.
Targeting next level of structure.
Best entries: 0.00000279 - 0.00000291
Max leverage: none
Do Your Own Research (of course)
Trade at own risk (of...
💎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...
Novice trader here guys follow my ideas at your own peril !!!
Im seeing a breakout of a triangle here on the 4 hour PLUS a bog trend bounce on the Daily has occured already.
-Price now looking bullish above centre line of Bollinger bands
-BIG Bullish engulfing formed
1st Target : 0.00000160
DNTBTC - Long - Potential 20.14%
Entry - 144
TP2 - 173
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there!