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district0x / BTC

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DNTBTC trade ideas

district0x Grows 40%+, Can Do Much More Next Monthdistrict0x (DNTBTC) just made a strong move to break above EMA10, printing a very strong bullish candlestick supported by big volume. The 45%+ move we saw today is really strong, but this is only the beginning. The RSI is super strong and DNTBTC is now trading above EMA50 as well. The MACD is set up for massive growth in the weeks ahead. Massive bullish sentiment across the altcoins market. With a strong close on today's candle, this move by DNTBTC can signal the beginning of a new uptrend. If prices below EMA10, the above signals become invalid and a new analysis is needed. If DNTBTC breaks the last low set on the 10-Aug., we switch our view from bullish to bearish... Right now, we expect additional growth. Previous chart: Thanks a lot for reading. Namaste.
Long
by AlanSantana
2
DNT / BTC Perhaps a shape will be formed Bowl +200DNT / BTC It is possible that a Bowl shape will be formed (Saucer, Rounded Bottom) + 200% Price at historical minimum. 3 months in sideways movement. Price begins to rise slowly. It seems that we are at the beginning of the 3rd phase of the formation of the "Bowl" figure. The goal is the zone of the resistance level of the "Bowl". Further on the situation, how the price will fix. Stop Loss - the level of support of the "Bowl". _________________________ I will describe this figure a bit: The Saucer shape, or as it is often called the Chalice, the Rounded bottom is a long-term figure that predicts long-term growth that looks like a concave arc. The figure is found on large timeframes. In most cases, on weeks, but on instruments that quickly go through their cycle (cryptocurrency), they can occur on a daily timeframe. The rounded bottom is quite rare, but very reliable bullish pattern. Typically, a pattern is formed at the end of a long-term “bearish trend” and usually gives a signal of a market reversal. It should be noted that the ideal symmetry of the figure is not a prerequisite. The main thing is the presence of its key components: the descent of the price, the bottom, the rise in price and the breaking of resistance. Ideally, the formation of the “Saucer” pattern usually occurs in a narrow price range, in a calm market with the least volatility, when a trend reversal occurs smoothly, without strong price spikes. If, however, price spikes occur, then very soon the price will return to its usual range. The figure signals the long-term nature of the formation of a trend movement. The longer the figure forms in time, the stronger the signal is considered. The most reliable are the figures formed on weekly charts for at least several months. The older the time frame, the more reliable the signal. The rounded bottom is a long-term figure, and can stretch on the chart for a long period. _____________________________ Stages of the formation of the figure. The Saucer figure consists of the following steps: 1) The descent of the price is the first phase of the figure. Price decline trend with a gradual slowdown. In the classical case, it should be a smooth arc, but in practice its shape can be flat or contain, on the contrary, correction minima and maxima. The main condition in this case is the gradually decelerating pace of price reduction. 2) The bottom is the lowest point of prices. It is the geometric center of the figure. It should be located on a gentle bottom (smooth bottom, without peaks). Although sometimes such a formation as the "Thorn" down or closed squeezes comes across at the bottom. The main thing is that these local formations do not violate the overall picture of the figure and movement in the global. If the lower point of the price forms the so-called platform on the chart, then the trading volumes gradually decrease, and at the moment of the price jump up sharply increase. Another surge in prices may be a signal to buy if the maximum of current prices is higher than the previous maximum. 3) Ascent of the price - after the minimum follows the ascent, which should ideally be symmetrical to the descent, and should last as long as the first phase (the descent of the price). There is a tendency to increase prices with a gradual acceleration. 4) The intersection of the resistance formed by the upper boundary of the whole figure (passes through the maximum point of the figure at the beginning of the period of its formation) is an additional confirmation of the rounded bottom and the final phase of the formation of the figure. After breaking through and fixing the price, the resistance level turns into a support level. ________________________________ Setting sales targets when working with a figure. At the expense of selling goals, there is no exact opinion among traders. You need to understand that this is a long-playing figure and has a pronounced bullish character. In most cases, phase 3 (price rise) ends with phase 4 breaking through resistance and fixing the price above it. Thus fully confirming this figure of technical analysis. But you need to understand that this does not always happen! There are exceptions. It is also important if the price is being traded in your favor, and according to the plan you should already fix the profit, then it is advisable to stay in position while you get additional profit instead of the planned one. There should be a strategy and plan. At the same time, your strategy and plan should be plastic from market situations. I trade such formations like that. As a rule, I enter the 2nd phase on the “Day”, but then when the trading volume starts to increase (the beginning of the 3rd phase is the ascent). It is very important not to "stay at the bottom" for a long time. Time is money. I leave the position in 2 stages according to the situation: a) I sell a large part of the position at about 70% just before the resistance (before the start of phase 4). b) if the price failed to break through or gain a foothold, I will sell the remaining 30% of the market. c) if the price was able to break through the resistance and consolidate. Resistance has become support. I buy back at the pullback prices the same 70% that I sold in advance before the resistance. Very often the price differs by a couple%. The confirmed new support gives great potential for further growth. It is very important that there is not a big gap between the sale and the purchase. If the price after confirmation of support has gone high - I trade the remaining 30% of the position. _____________________ You related ideas see more ideas where such figures are also formed
Long
by SpartaBTC
Price projections: for a 100% gainSo just a simple price projection. I am no oracle just a Cryptopicasso - OK ppl. I think it is reasonable to assume that smart and mean very smart traders are slowely but surely building a stack here. Be smart, be patient. Good luck everyone ;) **LEGENDS** BLUE = Bear/Resistance Yellow = Bull/ Support ~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/ If you want your coin to be analyzed, JUST ask. If you got a question, ASK away! And please keep those Stop losses in place! Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines! Thank you, Ajion
Long
by Ajion
DNT start recoveringDNT on strong support - can go lower, but not much, rising potencial is bigger. Easy profit in your bags.. Good luck.. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- All my ideas are purely like a hobby. I do not like IF, WHEN in ideas - everyone wants to be right, and after IF - they have... I share my thoughts here because I enjoy it. I'm not responsible for your losses, thank you for your understanding. My own ten for classic trading: 1. Follow the tenth 2. Patience 3. Modesty 4. No emotion 5. Do not get into the rocket (do not buy pumped) 6. Be on the launch of the rocket (buy dips) 7. Do not buy allin 8. Do not sell at loss - we are in very volatile markets (+/- 3x can get in 1h, often big dump/pump manipulation hit your SL and price is back), its about time - beware of point 5 9. At a big loss (eg -40%+) buy more (dip) 10. Do not forget to live, enjoy it Leverage Trading I strongly do not recommend leverage trading for beginners. In leverage trading be care and always use stop loss ;). I lost many in the beginning with leverage trading, they waiting for you.. If you are beginner, follow my ten and you will be in green.. Classic trading is best for us, because if nothing (big loss), you still own the coins.. In leverage you can be liquidated like nothing... If you want, for inspiration or profit, you can support me ;).. BTC 39jjWcxxpUY9Qb8HmMmoL9cmeyJ4ty4Xvv ETH 0x8F43Fc43E2b7a9f415BF286469AA3F2b39810D7b LTC MAUxLV1gm6UWPztYM1AtoFJUfgxt2MZwHV --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
by UnknownUnicorn3818993
DNT to explode?Some very interesting signals here on DNT. Can’t confess to know much about the project, but I can say something about what’s happening on the charts. Especially the 3-day chart. Higher lows on the RSI, Stochastic patterns change direction from downward to upward trend. Bottoming candle finds support on the 1-day chart and most importantly, volume. Volume levels are continually being matched with sell offs earlier in the year, the pressure has to go somewhere. My guess is upward.
Long
by without_worries
9