After Testing The Strongest Support | DENT Token Has Started Powerful Reversal Move

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    moon333

    Published on Dec 25, 2021
    About :

    Hi, friends hope you are well, and welcome to the new update on Dent token.

    Broke out channel:
    On a daily time frame, at the start of Nov 2021 the priceline of Dent started the formation of a down channel . After testing the price support of $0.029, Dent finally broke out the resistance of this channel with powerful divergence. Now there is two major upcoming resistance in the way of Dent. One is $0.055 and the next will be $0.075. $0.075 can be key resistance.

    image.png

    Daily oscillators:
    It can be also observed that on the daily time frame RSI and stochastic both oscillators were oversold and now both turned bullish together. Bother oscillators are also showing bullish divergence .

    image.png

    Weekly stochastic:
    On the weekly time frame, the stochastic has given buying signal from the oversold zone. It can be noticed that whenever stochastic enters the oversold zone and turns bullish , the priceline follows the signal and start big rallies. Therefore, this time we can expect another big move.

    image.png

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    Tags :

    hodlcommunity leofinance dent denttoken bitcoin

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