I'm following the bullish trend of DNT since one year now, when it was at $ 0,006. In Nov. 2020 it jumped from 0,0085 to 0,084 10x! Jan. 2021 topped at $ 0,21, Feb. at 0,45. Since then it has been accumulating in an ascending triangle that's being broken at the time of writing. We can see a narrative of big jumps and then down the slope three times in a row since November 2020, always relying on the ascending trend line and MA50 on the daily chart. If this narrative is still valid, we can expect a new jump to be accomplished within one or two days and then another accumulation area. The actual targets for the short term are 0,6 and 0,8 dollars. It would turn into a bearish scenario in case one daily candle would close below the red trend line.
@onefry, Yeah, it looks like! It has been a long period, I hope that it will break out upward soon!
davidlorang29
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Do you still think the recent run will continue, or was the spike to .50 going to take us into consolidation for another 1-2 months? Nice call btw!
Paolo-Brich
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@davidlorang29, Hi, it's complicated to answer. I sold a bunch at the top and bought again few hours later cheaper. I would like to hold till 1,5 possibly. But yes, I'm a bit worried because of the yesterday's sell off and now the Total altcoin Market cap is still struggling. DNT has to hold .35 and .30 to keep growing..