DNT/USD Is following a very familiar crypto pattern. We have seen this currency surge to exceed previous resistance, establish new structure, move for some time to form new structure, then surge again for new highs.
Based on historical information for this pair, it is possible we may see this happen again in the coming weeks.
BUY : 0.126$
SELL : 0.181$
PROFIT : 44% DONE
Strong price action activity was detected from $ 0.05 levels
Comparing candles with high volume
The uptrend has been confirmed
DNT has seen a very strong rally
As is known, the trend consists of two resistances or two supports and more
We drew the rising channel
And we bought it at...
Let's have some fun. We are in the accumulation about 60 days from the last pump.
There was no dump after that pump which is good signal that the support is strong and we could be prepare for an another leg up.
Another high risk trade due to previous pump but may prove rewarding.
I'm a bit late posting- Break has now occurred.
Potential Entry if Break retested.
As always, not financial advice, just some quick TA.
Caution advised on this one- Don't get rekd.
Since the last break out we haven't seen a back to back two green candle. If $btc stay stable today which is likely we might see a very good good candle tomorrow. This time we will go higher than .07 cents or close to .07 cents. If we manage to reclaim support over .06 cents. .12 cents is next target. Not a financial advice do your own risk management and research...