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.
Commento
⋅
Bullish divergence:
Commento
⋅
I have so many people waiting for DENT to move... Here it is, patience is key. Enjoy the profits.
moves up +0.0000000...1 above range of lowest low: "Stopped its drop, strong bullish signals, Prepares To Move"
Target +2 (from 25). Stop loss: -4 and more (from 25). 1:0.5 RR
You just want to be right... But at what price? Hopefully you don't have to pay it. Good luck
AlanSantana
⋅
@GettingAnotherMillion, Patience is key my friend. This is very easy for us doesn't take a genius.
BrittTheIsh
⋅
@GettingAnotherMillion, hmm reading comprehension and painting the whole picture will serve you well.
Let me continue painting. If you buy at 22, stop at 21, and first target is 27 that’s a 1:5 RR.
Target +2 (from 25). Stop loss: -4 and more (from 25). 1:0.5 RR
You just want to be right... But at what price? Hopefully you don't have to pay it. Good luck