Possible move for DENT. Dent has been showing strength lately
Possible move for DENT.
Dent has been showing strength lately from previous accumulation with a successful break-out which priced all the way to 0.008949 on the 15th Aug 2021 which created a RESISTANCE AREA, and a sell of the retest the price at 0.004744. The price level 0.004744 hold strong making price bounce off the support with a retest back to the previous RESISTANCE(R), a Clear break-out is needed at the (R) towards 0.009426 and a possible retest back to the (R) turn SUPPORT then a successful continuation break-out of 0.009426 will give us a target at 0.012914.
Alternative Scenario is if price rejects (R) with a successful Bearish Engulfing in couple of days from today, we are likely to see a sell off to (S) or HALF WAY CLOSE TO (S) before an actual move will be determined.
(R2) will be determined once we see a successful reach to (R1)
Dent has been showing strength lately from previous accumulation with a successful break-out which priced all the way to 0.008949 on the 15th Aug 2021 which created a RESISTANCE AREA, and a sell of the retest the price at 0.004744. The price level 0.004744 hold strong making price bounce off the support with a retest back to the previous RESISTANCE(R), a Clear break-out is needed at the (R) towards 0.009426 and a possible retest back to the (R) turn SUPPORT then a successful continuation break-out of 0.009426 will give us a target at 0.012914.
Alternative Scenario is if price rejects (R) with a successful Bearish Engulfing in couple of days from today, we are likely to see a sell off to (S) or HALF WAY CLOSE TO (S) before an actual move will be determined.
(R2) will be determined once we see a successful reach to (R1)
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.