DENT, Short-term target for now, and discussion on this coin.
Diupdate
Hi all,
Dent has finally turned around after its post-Binance list-slump. Having gone from 172 sats to 23 sats--- big drop.
Money will surely start flowing back into this coin, and a big pump back of price is left up to the decision of the whales.
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Regardless of those big fish in the sea, I think a safe target is outlined on the chart. This target is only mentioned if you are thinking about a trade on Dent, it is solely my perspective and not advice.
You can see that, during the drop of DENT weeks back, big money stepped in at 42 sats to stop the fall. You can see this on the red candle with the two gray lines. A bottom was defended here (and later broken of course). But point is, it can give us a target on the charts. Since this is a new coin, we will take all help we can get. So trade safely, especially with DENT.
I have watched whale(s) buy through (and sell through Im sure, though I havent seen this) orders of 30 BTC on this coin in a matter of 30 seconds.
So, AGAIN, you must be careful, because I believe whales have a bigger role in this coin than others.
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So, my target is 42 sats, I was in at 32 sats, and my stoploss is at 34 sats. To ensure some kind of profit, but point is, trade carefully here.
Were all pulling for the whales to pump this thing... (at least those of us who are in it currently).
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Finally, DENT supposedly aims to get a chunk of the TELECOM--- again, this is in the small chance that this works. But even if DENT were to take 1% of the global telecom net in the coming years, this coin would see MASSIVE growth. At that one percent of that industry, this coin would surely be in the 50cents-1$ region, which is ridiculous.
So... In terms of going long (longg), keep this coin on your radar.
------=
Final two notes,.
1) I wish I was a BTC whale--- how fun would that be??? ;)
2) Long on ADA, if I were asked which ONE coin I would be long about its longterm future on--- it is ADA (and BTC ofcourse).
Dent has finally turned around after its post-Binance list-slump. Having gone from 172 sats to 23 sats--- big drop.
Money will surely start flowing back into this coin, and a big pump back of price is left up to the decision of the whales.
------
Regardless of those big fish in the sea, I think a safe target is outlined on the chart. This target is only mentioned if you are thinking about a trade on Dent, it is solely my perspective and not advice.
You can see that, during the drop of DENT weeks back, big money stepped in at 42 sats to stop the fall. You can see this on the red candle with the two gray lines. A bottom was defended here (and later broken of course). But point is, it can give us a target on the charts. Since this is a new coin, we will take all help we can get. So trade safely, especially with DENT.
I have watched whale(s) buy through (and sell through Im sure, though I havent seen this) orders of 30 BTC on this coin in a matter of 30 seconds.
So, AGAIN, you must be careful, because I believe whales have a bigger role in this coin than others.
-------
So, my target is 42 sats, I was in at 32 sats, and my stoploss is at 34 sats. To ensure some kind of profit, but point is, trade carefully here.
Were all pulling for the whales to pump this thing... (at least those of us who are in it currently).
------
Finally, DENT supposedly aims to get a chunk of the TELECOM--- again, this is in the small chance that this works. But even if DENT were to take 1% of the global telecom net in the coming years, this coin would see MASSIVE growth. At that one percent of that industry, this coin would surely be in the 50cents-1$ region, which is ridiculous.
So... In terms of going long (longg), keep this coin on your radar.
------=
Final two notes,.
1) I wish I was a BTC whale--- how fun would that be??? ;)
2) Long on ADA, if I were asked which ONE coin I would be long about its longterm future on--- it is ADA (and BTC ofcourse).
Catatan
UPDATE: If you are in this trade, I would recommend 33sats for a stoploss. A breach below 34 sats would end this trade. See 34 on the chart (though not market), it is a pivot point now.
Catatan
DENT should be called a playground for whales. I see these person(s) controlling the whole DENT game now. Target is still in place, but they just short at 39 sats, I would imagine they want to bring it down to 36/37 sats before continuing upward. These guys accumumlating big time in this fashion. Mostly speculative, but forsure true to an extent. Be careful. If a whale could sent me 10btc thatd be cool too.Catatan
So last night, DENT was looking sketchy. As I have said, I think whales are here playing, accumulating DENT. They can short the market and pick up more at lower levels. I thought this was coming, but put a limit order at 47 sats as a hope for an overnight profit. Woke up this morning having saw DENT reached 59 sats while I was sleeping... WAHHH 20% additional profit I missed. DENT still looking strong.
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