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Dent

DENT - Buy Setup Forming - Update!Hello everyone, if you like the idea, do not forget to support with a like and follow. DENT is approaching a demand area in green, we will be looking for buy setups. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Our upper red trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, DENT would be overall bearish can still break the demand zone downward. In this case, we will be looking for new buy setups to form around the lower demand zone. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
36
DENT - Another updateA brief update on DENT following the breakout of its declining channel. The 1D MA9 has crossed bearish below the 1D MA 20 and you may wonder if this is a bad omen. However, if you look carefully at March 6, you will notice that this also happened there, immediately before the commencement of a rally to new highs. The most immediate obstacle for DENT to overcome is the Fan Resistance line currently suppressing the price action. Once through that, though, there could well be a rapid appreciation to 0.02.
Long
by Crypto-Swing
3
DENT next long target around 0.0449 $As you see, we are making a big triangle rocket to go higher around 0.0449 dollar based on the previous highs. The small rocket from my last analyse didn't come out and wasn't strong so in my opinion i believe we're making a big rocket triangle to go higher. Three confirmations: 1. pinbar up on daily 2. 20 day moving avereage support 3.hodlers are increasing on etherscan website. Fundamentals are still strong: look to their roadmap. Like, share and give your thoughts what you think
HITBTC:DENTUSDLong
by price_action_bars
DENT - Buy Setup Forming!DENT is overall bearish (short-term) and since it is approaching a demand area in green, we will be looking for trend-following buy setups. Before we buy , we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Our upper red trendline is not valid yet , so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, DENT would be overall bearish can still trade test the green demand zone or even lower. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
43