DNTBTC Bullish 137% ProfitHey Guys:
BINANCE:DNTBTC is our next coin of discussion.
It looks as though we are in the back-half of a potential cup-and-handle forming on our 1 day chart for BINANCE:DNTBTC .
Entry Point:
Should the cup come to fruition, we should wait for the handle to form before making a decision. Should a handle form before breaking out past the 0.236 Fib level, we can enter our trade with a buy order set on the other side.
Target Points:
(1) 0.00001910
(2) 0.00002232
(3) 0.00002553
(4) 0.00003010
(5) 0.00003593
Stop Loss:
We're going to wait until this trade develops some more before determining a stop-loss.
Indicators:
Moving Averages
A smart move might be to wait for the 20-period EMA (Orange) to cross our 50-period MA (Blue). This would serve as another confirmation of the bullish trend.
Sniper T3-CCI
Our T3-CCI is already showing a strong uptrend. Although, we should wait for one or two more candles to close before using it as a confirmation of the rise.
Notes:
It looks as though we should see a rise to at least 0.00001513 before reaching our first Fibonacci level. There may be some opportunity to ride the wave over the next few days.
We'll update as time passes.
Good Luck!
-Matt
DNT
DNTBTC Possible triangle break outTechnical indicators: Momentum (10), Exponential Moving Average (10, 100), Hull Moving Average (9) - shows a growth possibility. The price consolidated at 0.0000100 level and is about to break the triangle upward. Moreover, if this happens then Fib 0.618 resistance will be broken too and a new wave of growth will start.
District0x TURNING POINTToday we are longing DNT/BTC on bittrex at 1000 sats.
Price is approaching a major long term uptrend line that has shown its strong support many times. This is where we will be buying.
Compared to historical buy volume, there has been a poor display of bear selling in this bleed out, with volume currently at its lowest, showing the bears are going back into their caves, with the bulls ready to reign again and breakout volume.
Entry: 1000
T.P 1: 1500
T.P 2: 3000 (ATH)
S.L: 890
DNTBTC - District0x Long TradeDistrict0x is looking very bullish on the chart, its trend line has been intact with 6 touches were it springs off the support. Based on the chart and news, i believe DNT will rally in the upcoming days. How ever if the trend line breaks down, the trade in invalid.
District0x Showing Signs of TurnaroundDistrict0x (DNT) is showing signs of its retrace against btc slowing and switching directions. Volume has decreased pending a directional decision and will increase greatly once the move is decided. The price is currently indisputably supported by a long term trend line that has proved its strength repeatedly. Furthermore, coinciding with this trend line is the past ATH marked by the 100% fib line. Target is the recently formed downtrend line at 2300 sats, coinciding with the 1.618 fib line.
Entry: 1515 sats
Target: 2300 sats
Stop Loss: 1440 sats (break of uptrend line and local lows)
DNT 10 DAYs min x2 profit(according BTC bearing)After a ABC elliot we have new elliot wave here and its already has reach the first target.
Wait for the secont target Buy around 1500 and stop loss at 1350
At 3. wave might be stop at 2600 we have a strong wall.
After 3. wave happened you can buy and sell for profit
Great news for DNTThere you can see almost ideal bullish flag on DNTBTC daily chart! Short term +85% (1-2 days).
DNT vs BTC LongDNT is showing movement within a wedge. There is a possible hidden descending triangle in the mix (yellow line) so I am going to hold off for a day or two before acquiring to see if we bounce off or break the yellow line.
DNTBTC - Next impulseWave analysis showing what next impulse may look like. Appears to be finishing ABC and beginning to test support.
District0x - 133% Possible GainGuys I'm seeing so much opportunity in the smaller market cap coins here. We just have to be patient.
We want this to stay along this trend line as we go through this consolidation phase.
I'm going to use this sloping growth rate for our second target, each wave is growing at a linear rate, which calls for exponential growth. Target 3 is possible if we continue to stay on this peak trend line (which is very possible).
If you zoom out, we have a very nice cup, we are currently working on the handle.
Out of all these more recent trades, this may be my 2nd or 3rd favorite (Behind GEO -1.43% -1.43% -1.43% and Civic).
Entry: Below 2016 Sat
Stop Loss: 895
Target 1: 3458
Target 2: 4240
Target 3: 5018
Chance to gain (Target 2 - Base Case) - 133.83%
Chance to lose - 50.36% (lol I'm not losing 50%, I'll let you all know when I enter AND exit this trade)
RR: 2.66
Timeframe - About 2 weeks
I haven't said "Boom" in a long time. I need this market to start moving lol.
DNT - Giant cup & handle
This is my very first idea published here. Your insight is very welcome.
DNT is a promising project & token.
Just noticed its lifetime chart is one giant cup & handle.
On a long trade (maybe 3 months), buying below 2000 or even 2500 seems cheap.
2500 looks like the breakout level on this pattern, so one could also wait for it to enter with stop loss around 2000. At which level one should just buy more.
My target would be 4500... but this token could also go much higher much faster...
What do you think?
Happy trading :)
DNT - sky is the limitDistrict0x will be a huge project. Just passed resistance and is testing the support. Great future for this platform.
DNT - Breakout of Bullish PennantAfter a few days of consolidation $DNT (District0x) breaks upwards out of bullish pennant. It will come back down nicely to retest previous resistance and also find some support at the 50 hour MA. Look for more upside here.
* Arrow not indicating a target, but a general direction. Take profits as you please, as this is a long term hold for for me since ICO, and I believe there is much more to come from it in 2018!
Good luck everyone. Set stop losses unless you are a long term holder.
Just stumbled upon this little guy District0xFound this way too late, was too invested into other things but better late than never
again, simple trend lines show huge burst of interest, so now we wait for the dump. at the time of this analysis, hourly trend shows strong resistance to break higher. expect a good drop in next few days for another entry point for short term investments. Similar to another coin Storiqa who's currently in process of presales of their coins
(tokensale.storiqa.com)
Their product seems good, but with the team backing the product i think this coin is more of a "pump and dump" as i have put a referal link for Storiqa which i myself have bought coins for anticipating a great future with them. not too sure how district will do when storiqa releases in march.
nonetheless, profits can be made anywhere
district0x (DNT) Bullish Pennant on DailyIt might be worth to open a long position on DNT (bittrex/binance)
Thats how a Bullish Pennant looks like in the text books:
bpcdn.co
DNT District0x Long opportunityDNT is like other coins not at its ATH and is a promising coin.
DNT Stoch RSI Indicates that is oversold. Following Trendline.
Near the support line a good opportunity for buying.
Set Stop-Loss at main Trend line.
coinmarketcap.com
$DNT- District0x or District- Oh Shit? Here are some potential short term trades for those wanting to make some quick profit.
What we know and why:
It's on a bullish falling wedge (Basic Observation)
It's on a bull run- (MACD Cross Verification)
Its mad cheap to invest in. Less than a dollar
What we don't know:
The troughs between all of the rises
How high we should set the stop profit indicators.
TLDR;
Great investment for someone who wants to make short term gains . If it all goes to shit, you're a bag holder of a great coin that will for sure yield a great ROI.
Let me know what you think in the comments below!
Constructive criticism is PREFERRED.
Happy Trading
