DENT has been moving in an descending triangle for sometime now. EMA 25 which was until now working as support has now working as Resistance, which is a good sign of it moving downwards.
May be in couple of days we might witness a potential breakout close to 0.0095613. Post that it would be hard to stop this heavy metal from dropping. This will open opportunities for traders.
Target 1 can give us a profit of 22% and if it decides to drop further then get to ready for additional 21% profit.
Keep your eyes open and wait for DENT to be dented :)
If you like my analysis then dont forget to throw a link and leave your comments. Also let me know if you want me to analyse any specific currency pair for you :)
NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely
May be in couple of days we might witness a potential breakout close to 0.0095613. Post that it would be hard to stop this heavy metal from dropping. This will open opportunities for traders.
Target 1 can give us a profit of 22% and if it decides to drop further then get to ready for additional 21% profit.
Keep your eyes open and wait for DENT to be dented :)
If you like my analysis then dont forget to throw a link and leave your comments. Also let me know if you want me to analyse any specific currency pair for you :)
NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.