Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
The green bars pattern that shows my predicted price movement is a very sharp rise
The actual rise may not be as sharp. This is just for TA and easier interpretation
I am a hodler of DNT and have faith that NFT's will blow this one up
I am using Fib circles to see price movement around the rings of the circle
District0x is one of my favourite coins
It has formed this rounded top structure while in stages of reversal from a large bear market, in fact it has reversed a lot
I think this reversal will continue throughout the year, with this structure leading to a bullish breakout
It just takes time
With the MA's being aligned like this I think the triangle scenario with a breakout to the upside is more likely than the double top prevailing
This coin has already undergone extreme growth, will we see more?
in one-day time frame dntusd break the support trendline reason bitcoin dump
so dntusd again in buying zone so buy more
and wait for the right time to sell
in long term
in short term, I don't know how much time take dntusd to pump
so take risk
Pivot points on the Gaussian Channel
We can see the channel is opening bullishly (green)
and has reached a point on top of the channel
Last time it hit the top of the channel the price moved up ~400%
Price is floating above the top of the channel right now, providing us a great buy opportunity on the BTC pair
On the USD pair price has moved into 2.618 with a...
DNT on the weekly chart can be seen to have given birth to the 200MA on the USD pair
this implies volatility
while on the monthly chart price is clearly sitting above the Gaussian channel, which is also very bullish
Great one to hold
DNT is consolidating at just below the all time highs. There is a high chance that we formed a cup and handle. The potential for this token is massive . Just the fact that no one talks about the Meme Factory during the meme boom, it shows how undervalued is this project.
Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
///////👍✋Not financial advice, do your own due diligence...
Just re entered into DNT
Structure forming looks extremely bullish
Looks like the beginning of a large bull move
Both on the BTC and USD pair
I really like this coin, I just question its long term potential
Meme factory is a banger