DNTUSD - Moving Along Bottom Of GaussianPrice is currently trending along the bottom of the Bearish Gaussian Channel
This allows price to progress and eventually the channel will flip green
A lot of similarities to a previous time on DNT which I will link the chart below
District
DNT climbingDistrict0x is slowly climbing up. The recent drop provided a nice buy point. As can be seen on chart there is a broadening wedge with a falling wedge sitting within it. This is a very bullish setup. Fractal pretty random because of the nature of hourly charts but I gave it a shot. Lets see where this goes.
DNTETH Bullish DivergenceDNT has produced a bullish divergence on the ETH pair. Divergences are a great way to identify possible market reversals.
When does a pump coin become a real asset?Comments and professional advice requested in comments. :)
District0x/Bitcoin (July 03) #DNT $DNT #BTC $BTCAccumulate : 130-135
Sellzone : 160-180-200
Holdzone : 1055-1255
Stoploss : Under 120
BACKUP PLAN
Buy back : 110
Stoploss : Under 100
DISTRICT 0x - Buy Opportunity - 76% ROI - 4.25:1 Risk/RewardReasons to buy using a STOP-LIMIT order:
1. Valid break-out pattern with a clear consolidation zone
2. Long period of accumulation within pattern
3. High return on investment (76%) with massive 4.25:1 risk/reward
4. Buy low / sell high
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
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
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
