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DNTUSD

DNT/USDT - 4h - Analysis published on 03/15/2021Hey guys, it’s Cosmo 👩‍🚀 and I’m sharing a market update with you this Morning: We recognized unusual high exchange inflows of BTC in the last 24 hours (1. Coinbase Pro: 46 BTC, 2. Gemini: 19 BTC, 3. Bitstamp: 19 BTC, …). Exchange inflows traditionally signal intention to sell … and BTC is moving already! Let’s better be prepared … I took some profits on my long BTC position and I’m looking for some more SHORTS to hedge the remaining portfolio of LONGS against a possibly continuing dip of the general market. Today I’m analyzing the district0x (DNT) Token against USD: So, let's get started 😃 … Summary of the Analysis: DNT/USDT (4 hours time frame) Trends: Short Term - Bearish & Long Term - Strongly Bearish Crypto Screener™ (by TradingView) Rating: BUY Technical Indicators (by TradingView & intotheblock): SELL - Summary: 11 Bearish; 10 Neutral & 5 Bullish - Oscillators: 2 Bearish; 9 Neutral & 0 Bullish - Moving Averages: 9 Bearish; 1 Neutral & 5 Bullish Fundamentals: SELL - Circulating/ Total Supply = 60%; Max Supply unconfirmed --> SELL - 648 out of 1,000 Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto) --> SELL - No SIMETRY™ Rating (by Crypto Briefing) - B Rating with stable outlook by TokenInsight - 49.2% out of 100% Asset Score™ by TokenInsight --> SELL - No Dynamic Performance Score™ by TokenInsight AI (Artificial Intelligence) by CENTRALCHARTS: SELL Multi Timeframe Analysis: - 1h (1 hour frame): neutral - 4h (4 hours frame): neutral - 1D (1 day frame): positive - 7d (last 7 days): neutral My Opinion: SELL - Bearish under USD 0.350 My targets: USD 0.248 (-11.2%), USD 0.213 (-23.7%) & USD 0.172 (-38.4% from current price level) DNT/USDT follows a strong bearish trend since relative high on 02/13/2021. Traders may consider only short (sell) positions if the price stays well below USD 0.350 (Stop Loss Level = 1st light green line above current price; +25.3% from current price level). Next support levels are indicated as light red lines in the chart. A bearish breakout below a support line would increase bearish momentum. Signal Force (0-10): 6 = strong force To sum up my opinion: I’m convinced that the district0x (DNT) Token is substantially overpriced with the recent PUMP ACTION (I still remember the last big pump and dump in 2018 !!!) and will retrace back to it’s lows from before the parabolic move (around USD 0.12). We broke monthly VWAP (volume weighted average price) downwards today (on 03/15/2021) which is a strong SELL signal. Please note that as a Hedge Fund Manager I would NEVER go outright short = only sell short ... I always have potentially overperforming coins or tokens long against the shorts! The trick is, that (because of good research) the longs perform better than the shorts in all market situations. Like and follow as the next analysis will focus on over- and underperforming (compared to BTC & USD) Coins or Tokens again. With this information you'll then be able to go LONG potentially overperforming Coins/ Tokens and to go SHORT potentially underperforming Coins/ Tokens and to do what the big guys do 🤑: Organize your Crypto Portfolio as a Hedge Fund. Heard about this? With this successful trading strategy😍🍀💵 you'll be able to make money in all market situations and independent from the price action and level! Happy trading … please like, follow and comment! Published on 03/15/2021, 12:30 PM (UTC+1)
DShort
by MoonrakerCrypto
Predicting the future of DNTDNT has been on a steady rise for the past few months. As of today, DNT may retrace to the high 20's before a large run in the next 48 hours. I've been trading 15 years and seen this exact pattern so many times, I can pretty much see it in my sleep. Buying opportunity around .295 to guarantee fill. after that leg down we will see a 2X rise, leading into the coming weeks of potentially $2 before a major retracement below $1. NOTE: This is not investment advice. I like the coin.
Long
by UnknownUnicorn8584410
35
DNTUSD H4: 100%+ gains BEST level TO BUY/HOLD(SL/TP)(NEW)DNTUSD H4: 100%+ gains BEST level TO BUY/HOLD(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. previously recommended buying low. 🔸 Summary and potential trade setup ::: DNTUSD 4hours chart review ::: accumulation in progress now ::: repeat a/b/c/d/e/f/g fractal ::: same fractal on right January 2021 ::: focus on buying low for 100% gains ::: best reload BULLS near point d 25c ::: updated/revised outlook ::: focus on buying pullback/dips ::: 100%+ gains still possible ::: currently trading mid range ::: BUY/HOLD setup TP +100% ::: up to 100% gains possible later ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +100% gains ::: details: see chart ::: TP BULLS +100% gains ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS ::: Sentiment short-term: PULLBACK/BUY LOW RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
DLong
by ProjectSyndicate
9
DNT descending triangleI had a buddy last week mention DNT forming a descending triangle with bearish divergence, and it looks like this may be what he is talking about. I think this looks like it could be very bullish, as that reversal looks like a bit of consolidation before we fly again... are we looking for more volume before the latter is the case or is this clearly bearish? It does seem to be resting around .30, so also thinking this could trend up to the .50 mark sometime in the near future. What do you see on your chart? Always doing more research trying to lock these patterns and trends in. Cheers and as always, thanks for the input!!
D
by skoobydooberson
1