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without_worries
26 de Mar. de 2024 14:56

DENT (DENT) 100x to 7 cents Largo

BINANCE:DENTUSDT1S
DENT / TetherUSBinance

Descripción

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On the above weekly chart price action has corrected almost 99% since April 2021. A number of reasons now exist to be long. They include:

1) Price action and RSI resistance breakouts.

2) Trend reversal. Higher highs higher lows replace lower highs lower lows.

3) Support and resistance (green channel). Price action confirms support on past resistance.

4) A hammer candle prints on the weekly support and the 21-week EMA.

5) The target area is measured as price action prints a macro flag pattern. A measured move from the flagpole takes price action to 7 cents from the breakout. 100x

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <= 6%
Timeframe for long: Remainder of March 2024
Return: 4000% from current levels

Operación activa

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Past resistance confirms support. On Multiple time frames.

The next move could be impulsive just like FARM. Don't be the one of many folks who messages me with "I missed this one, do you think it will test the low again?"
Support and ResistanceTrend AnalysisMultiple Time Frame Analysis
Comentarios
porthos
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What make you think this dinosaur token will bull again ? Normally, the dev team had already dump all the shares, the whales left long long ago
without_worries
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@porthos, "What makes me think", 100% Technical Analysis. 0% fundamentals.
dmeyer08
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Dent looks as ready as LOOKS. any day now
without_worries
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@dmeyer08, Yes indeed. May 27th is the date for the market to watch.
ArtfulDodger1974
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Another "past resistance confirms support" and promptly drops 40-50%. Hopefully we don't see GRM support anytime soon. 😂
dmeyer08
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Lucky bastards (who's ever buying here) got to retest the lows
ArtfulDodger1974
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@dmeyer08, just wait, you'll get to buy even cheaper soon.
Crowntales
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What are your thoughts on LINA/USDT?
without_worries
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@Crowntales, On the Binance delete list. Those are my thoughts.
AIPL4
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OOE/USDT is also extremely undervalued imo. Down by 99,80%. What do you think?
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