DNTUSD - Cleared MA'sDNT has broken out spectacularly
it has broken above the 50,100 and 200MA lines
Support will now be found on the 200MA
From here price is really free to move around
Key stats
Market capitalization
18.42MUSD
Fully diluted market cap
30.7MUSD
Trading volume 24h
272.828KUSD
Circulating supply
600M
bull market gains vs bear market gainswhen performing trades during the bear market you have to be realistic with your forcasts.
bear markets are still profitable and sometimes there is manipulation with short rallies.
comparing the percentage on gains is nothing compared to a bull market.
this chart shows trading i took. I did NOT get
DNTUSD Potential Uptrend CreationAs price moves through the fib circle / ring price can change from bearish to bullish
Price has recently moved into its next fib ring and price is stagnant
It reminds me a lot of the earlier price action in the first blue circle, the second blue circle creates the uptrend, finishing DNT's bear peri
district0x (DNT) - Bullish divergenceOn the above 1-day chart price action has corrected over 90% since last April 2021. A number of reasons now exist to be bullish, including:
1) Double “incredible buy” signals. Don't often see those.
2) Regular bullish divergence.
3) Price action resistance breakouts.
4) Latterly on the BTC pair
DNT pump and return We saw a big pump and dump but found support at 0.13 now trending up, vol is picking up and social talk buzz is up. I see this right now as gathering support to a run up to 0.18 0.19 and then down to 0.08 this week, but then up over the month of May. Long term I think it will hit 0.90 to 1.00 by ye
DNTUSD Another LookTaking another look at DNT I can see a bullish divergence developing and nearly completing on the weekly timeframe
while on the Monthly timeframe price is touching the 50MA, this is a nice correlation between the two timeframes
Last DNT analysis I suggested a recovery at the 50MA on weekly, now we a
DNT anything names 0x is a winnerhuge winner here, big upside if it can flip momentum, doesn't seem like itll be to easy. market cap is still small on this one
looks like a cup and handleI'm not sure whether they would enter the metaverse soon, but I think they should.
District0x - Bullish Consolidation, A Break Soon?DNTUSD seems to be bullishly pushing up, none the less, sideways action can be expected to reset RSI if necessary. I have targets around $0.15 and $.17 to match up with smart money buying. I would setup a tight stop around $0.14 . NFA, DYOR
DNTUSD short term Downtrenddnt is having short term downtrend due to btc dumping
Target 1 is $0.13
Target 2 is $0.10
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