Long
Dent - A trend reversal from here?
Been watching Dent for while now and looking for signs of a reversal from the 22 sats level.
22 is a massive support area and would use this for placing a stop order around 20-21 sats.
The breakout from the 6 month long descending triangle is the first sign, for me, of a reversal of a trend for Dent. This could signal a move up to 36, 44 and onto 59 sats again. One step at a time though.
News is what's going to drive the alts just now and it's not different with Dent. More good news + a stable or rising alts and BTC market will help Dent to double in price again.
One To Watch
22 is a massive support area and would use this for placing a stop order around 20-21 sats.
The breakout from the 6 month long descending triangle is the first sign, for me, of a reversal of a trend for Dent. This could signal a move up to 36, 44 and onto 59 sats again. One step at a time though.
News is what's going to drive the alts just now and it's not different with Dent. More good news + a stable or rising alts and BTC market will help Dent to double in price again.
One To Watch
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join the monthly premium program for around 30 calls per month and training on all things crypto:
stevenaitchison.mykajabi.com/cyt-crypto-monthly
stevenaitchison.mykajabi.com/cyt-crypto-monthly
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.