district0x (DNTBTC) just made a strong move to break above EMA10, printing a very strong bullish candlestick supported by big volume.
The 45%+ move we saw today is really strong, but this is only the beginning.
With a strong close on today's candle, this move by DNTBTC can signal the beginning of a new uptrend.
If prices below EMA10, the above signals become invalid and a new analysis is needed.
If DNTBTC breaks the last low set on the 10-Aug., we switch our view from bullish to bearish... Right now, we expect additional growth.
Previous chart:
Thanks a lot for reading.
Namaste.
The 45%+ move we saw today is really strong, but this is only the beginning.
- The RSI is super strong and DNTBTC is now trading above EMA50 as well.
- The MACD is set up for massive growth in the weeks ahead.
- Massive bullish sentiment across the altcoins market.
With a strong close on today's candle, this move by DNTBTC can signal the beginning of a new uptrend.
If prices below EMA10, the above signals become invalid and a new analysis is needed.
If DNTBTC breaks the last low set on the 10-Aug., we switch our view from bullish to bearish... Right now, we expect additional growth.
Previous chart:
Thanks a lot for reading.
Namaste.
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