DENT/BTC - forming a HUGE (!) falling wedge in 1 week chart (bullish sign)

in dent •  6 years ago  (edited)

Hey Traders,

today I took a look at the weekly DENT/BTC chart and it looks pretty juicy as it is forming a falling wedge:

IF it breaks this downtrend, it can moon easily! But it always depends on BTC stability.

Its RSI (Relative Strenght Index) is also completely oversold on 1 week time frame:

Buy Zone: 14-15 Satoshi

Stop Loss: 12-13 Satoshi (~ 7% from entry price)

Sell Targets: 17 | 19 | 21 | 26 Satoshi

DENT has also some major news ahead, take a look:

DENT is an awesome long term opportunity in my eyes. This is one of the best projects I am surveiling so far and it has an actual use case, compared to many other crypto currencies!

Happy trading friends!

Disclaimer: Cryptocurrency is a risk investment and our posts aren't any financial advice. Our aim is to maximize the BTC value of our portfolio and share our ideas. Always #DYOR (do your own research)!
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DENT hitted our 2nd and 3rd target at 19 & 21 Satoshis. This means at least 26-40% profits! ✅ ❗❗❗

Our 4th target at 26 Satoshis is for long term trader!

DENT hitted our 1st target at 17 Satoshis - so far around 13-21% profit! ✅