DENT Finds Support And Prepares To Move (68% PP)

DENT Stopped its drop from which it created a new all-time low by going flat for 5 consecutive days and finally breaking up above EMA10.

We have several strong bullish signals that are starting to develop now, or as I call them, "early signals".

It is always interesting to note when these altcoins start to move at the end of the week. A good close on the week can end up producing a bullish candle for the week ahead.

As for DENTBTC now on the daily time frame, we have the following early signals:

• Break above EMA10 (this signal is only confirmed after the daily candle closes).
  
• MACD bullish crossover and very strong bullish divergence.
  
• Strong bounce on the RSI after hitting oversold.
  

DENTBTC weekly:

• Bullish hammer (weekly candle must close at or above 25).
  

It is simple to trade DENT here, let me show you and perhaps you can hit LIKE... Thanks a lot for the support.


Trade: DENTBTC

Buy: 22-25

Targets:

(1) 27
(2) 30
(3) 34
(4) 38
(5) 42

Stop loss: Close daily/weekly below 21.

Capital allocation: <10%.

See how easy that is?

Thanks a lot for reading.

I am wishing you great profits.

Namaste.

Comment:

Bullish divergence:

Comment:

I have so many people waiting for DENT to move... Here it is, patience is key.
Enjoy the profits.

--
Avg buy: 23

Targets:

(1) 27 -Reached 15-Mar. (+17%)
(2) 30 -Next target.
(3) 34
(4) 38
(5) 42

Trade closed: stop reached