Alright so everything has taken a hit since Bitcoin has been doing so well lately but DNT has faired better than the others, which is a great sign for us!
Here is the progress we need to follow:
-We just touched the bottom of the support trend, last time we did that it ran over 500 sats the following day.
-We have seen stiff resistance in the mid 1200 area so it is vital that we break that (We are in an ascending triangle so I'm not too concerned there.
-The last two pumps have correlated with previous peaks in the chart.
- The first pump went to 1500
- The second pump went to 1800
- The THIRD pump I am estimating will go to the next peak so around 2100.
Regardless if it hits the target the chart has awesome bullish momentum traveling with it. Best of Luck to yall!
Here is the progress we need to follow:
-We just touched the bottom of the support trend, last time we did that it ran over 500 sats the following day.
-We have seen stiff resistance in the mid 1200 area so it is vital that we break that (We are in an ascending triangle so I'm not too concerned there.
-The last two pumps have correlated with previous peaks in the chart.
- The first pump went to 1500
- The second pump went to 1800
- The THIRD pump I am estimating will go to the next peak so around 2100.
Regardless if it hits the target the chart has awesome bullish momentum traveling with it. Best of Luck to yall!
Comment:
No worries on the pull back. Bitcoin really wrecked the show on that one!! From a technical standpoint we found solid support around the lower 1000's and we could even call that a double bottom. Now we are headed back up again. I'm going to keep the previous targets but it could go higher now. Keep an eye on this. Slow and steady uptrend happening on the four hour. Could lead to a nice pump.