I've got lucky with my first chart attempt. I am giving it one more try, this time on the pair DNT 0.00% BTC -2.09% . Noob here, so I'd appreciate any feedback.
I think its still a good opportunity to jump in, 450% potential left, no sign of weakness.
Will look to see if it breaks above resistance at the top of the "cup." Targets on chart.
It might be worth to open a long position on DNT (bittrex/binance) Thats how a Bullish Pennant looks like in the text books: bpcdn.co
#DNT can go for a nice ride once it breaks out of the triangle and forms an uptrend. ADX and RSI are very bullish so I expect this to happen very soon. Cheap coin with a good project, my bags are filled.
DNT is like other coins not at its ATH and is a promising coin. DNT Stoch RSI Indicates that is oversold. Following Trendline. Near the support line a good opportunity for buying. Set Stop-Loss at main Trend line. coinmarketcap.com
DNT doing well. It just bounced off the 0.236 of it's last move higher, which is always a gorgeous entry point, and this time it's also the hourly 20 moving average. Projection for profit is where the peak-to-peak trendline intersects with the next big fib level ; Whenever it touches that top teal line, it's selling time. I'm keeping my sell targets on the fib...
DNT , as you can see in the related idea, has had to do a leg lower. I've updated target projections in this chart. There's a nice bullish cross of the moving averages on the hourly. It's a buy here for me because we've retested the hourly 200moving average, did a bullish cross of the moving averages, then tested that cross and those averages above the 2.618...
Here are some potential short term trades for those wanting to make some quick profit. What we know and why: It's on a bullish falling wedge (Basic Observation) It's on a bull run- (MACD Cross Verification) Its mad cheap to invest in. Less than a dollar What we don't know: The troughs between all of the rises How high we should set the stop profit...
After studying this chart, and to be frank I'm about a week and a half into this, it looks like DNT is going to go on a breakout soon! Let me know what you think and if you think I'm dead wrong! I'd love some feed back!
DNT is going to retest ATH satoshis area again soon. Target 1: 800 (very easy) Target 2: 1200 (hard) Target 3: 1400 (extreme) Target 4: 1500+ (Bananas) Stop: 600
DNT just came down from a huge rally. The coin is at its lowest point right now i don't see it going any lower then this and the STRONG support right now is 0.0000065. Buy-in: 0.0000060 – 0.0000086 Targets: 0.0000099 0.0000130 0.0000170 0.0000200 0.0000260 NEW ATH Please let this trade develop it might take a week or two! Remember patience is the key!
DNT is looking like it will be jumping up to stabilize in a higher price level. It has already begun that. I find the project something amazing and innovative to shake up how we view commerce and markets. Here is my analysis. This is a LONG term hold. I see District0x being a very popular project in the coming years.
DNT has been sitting in a falling wedge for some time. With the recent news of their collaboration with Bounty0x, a low market cap (less than 25 million USD at the time of writing) and one of the most active teams in the crypto space this one could be heading for the big leagues. Try to scoop up DNT between 400 and 450 sat, stop loss if it falls bellow 400 sat for...