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