Provided that BTC is in consolidation, it's time for alts to shine ! In my opinion, DENT/USDT looks like a pretty good buy at the current levels given the oversold circumstances.
Take profit zone will be the top red horizontal line.
Unfortunately on the bearish side, price action is in a descending triangle. Usually a continuation pattern for further downward movement, hence the SL line under the box. Hopefully we don't break this triangle to the downside !
Happy trades everyone ! :)
Take profit zone will be the top red horizontal line.
Unfortunately on the bearish side, price action is in a descending triangle. Usually a continuation pattern for further downward movement, hence the SL line under the box. Hopefully we don't break this triangle to the downside !
Happy trades everyone ! :)