DENTUSDT short-term expected return 100%Hello everyone,
this is my 12th recommendation in the crypto market for this cycle and the one that has 2nd biggest weight in my portfolio. as I start every post first let me briefly describe what you see on the chart. In white you can see the price of DENTUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (16, 32, 64, 128, 256, 512, 1024, 2048, 4096). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal to the closing price of 2H period ( to remove the distortions for the purpose of simplification). This chart covers the past 6 months.
Now, let's get to the analysis. In this chart, the long term moving averages (4096, 2048, 1024, 512) are rising smoothly with moderate curvature, and diverging away from each other which means that DENTUSDT has moderate long-term volatility, and it's return is increasing over the long-term. it also has very strong long-term trend, it doubles on average every 16 days. while the mid-term moving average (256) is in stationary state around $0.014, which indicates mid-term stationarity. finally, the short-term moving averages (128, 64, 32, 16) are curving down which indicate short term down trend caused by a series of huge liquidations. as a matter of fact, the mid-term stationarity is stronger than the short-term down trend, which simply indicates that the price is more probably going to return to the mid-term stationary moving average(256). In this case, this indicates a minimum of 60% and a maximum of 150% return over the short-term(as shown on the chart). Now, the conclusion is that DENTUSDT has desirable return-volatility profile and is expected to be among the best performing crypto-assets over the short-term.
please note that the best risk management strategy is to avoid leverage and to form a well diversified portfolio.
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0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
thanks
Mustafa
