DENT Prints A High Volume Hammer (Ready To Move)

DENT (DENTBTC) just printed a high volume hammer after hitting a new all-time low.
The lowest point for DENTBTC was hit on the 14th of May at 11 satoshis, today, a new low hit at 10 satoshis with everything being quickly bought up, so the long wick on the chart.
This signal only confirms when the daily candle closes, so this is an early signal.
There is bullish divergence on the RSI, really strong one, yet the MACD is still looking bearish.
After several days of consolidation, DENTBTC can start to remove and produce a wave up.
Conditions for change: If DENTBTC moves lower and closes below 10 satoshis, the above signals are invalidated.
Targets on the chart.
Thanks a lot for reading.
Remember to hit like to show your support and if you want to see more trades and charts.
This is Alan Masters...
Namaste.
The lowest point for DENTBTC was hit on the 14th of May at 11 satoshis, today, a new low hit at 10 satoshis with everything being quickly bought up, so the long wick on the chart.
This signal only confirms when the daily candle closes, so this is an early signal.
There is bullish divergence on the RSI, really strong one, yet the MACD is still looking bearish.
After several days of consolidation, DENTBTC can start to remove and produce a wave up.
Conditions for change: If DENTBTC moves lower and closes below 10 satoshis, the above signals are invalidated.
Targets on the chart.
Thanks a lot for reading.
Remember to hit like to show your support and if you want to see more trades and charts.
This is Alan Masters...
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
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Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.