district0x ( DNT ) · Loop A.I. Indicator: Price touched support and bounced up. Buy volume slowly increasing. Signal: Likelihood of price increase: 74%
Bottom Support being tested. RSI heavily oversold. Expecting Reversal to test blue box resistance in coming days.
cup and handle looking for follow though
Technical indicators: Momentum (10), Exponential Moving Average (10, 100), Hull Moving Average (9) - shows a growth possibility. The price consolidated at 0.0000100 level and is about to break the triangle upward. Moreover, if this happens then Fib 0.618 resistance will be broken too and a new wave of growth will start.
District0x or DNT (bittrex) has formed a big cup and handle on the daily and could pump anytime. It was a hard choice between DNT and XRP given that they are both forming a cup and handle but I'm going to play DNT first and then jump over to XRP.
Today we are longing DNT/BTC on bittrex at 1000 sats. Price is approaching a major long term uptrend line that has shown its strong support many times. This is where we will be buying. Compared to historical buy volume, there has been a poor display of bear selling in this bleed out, with volume currently at its lowest, showing the bears are going back into...
District0x is looking very bullish on the chart, its trend line has been intact with 6 touches were it springs off the support. Based on the chart and news, i believe DNT will rally in the upcoming days. How ever if the trend line breaks down, the trade in invalid.
DNT looking like its bounced off the trend line, has done well in the past, looking for increase in volume. Entry: 1350 - 1450 T1: 2140 T2: 2940 T3: 3999 (wave 3 point) T4: 5519 (wave 5 point)
We are precisely on the major support trend line which also is 0.5 Fib level and already have done 0.618 Fibo correction. You can buy after confirmation of the new bullish movement or when it will make a completed double-bottom ( W).
Comments added on the chart.
HI trader Do not forget to put a stop loss The market may be volatile Good luck
District0x (DNT) is showing signs of its retrace against btc slowing and switching directions. Volume has decreased pending a directional decision and will increase greatly once the move is decided. The price is currently indisputably supported by a long term trend line that has proved its strength repeatedly. Furthermore, coinciding with this trend line is the...
As can be seen on the chart, DNT is in a downwards channel, breaking through support and retracing up to the trendline. I have drawn a few possible scenarios where it could break upwards from the channel to the next resistance, or, what i believe is more likely considering the channel; it will break down on this support, and may rebound off the lower resistance...
As we all know, the prices of alt coins have slipped considerably due to Bitcoins volatility. However, DNT is a token that seems to be following some very predictable patterns. It will be interesting to see how this holds up and follows an upward trajectory despite everything going on at the moment.