DENT / TethersUS New impulse 120
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As you can see, DENT / USDT has faced a resistance zone and is heading on a long term uptrend mainline now it has just drawn a new uptrend line which we can return to afterwards! for the moment no sign of the presence of bulls in sight.
Volatility is neutral but the MACD is below so the market remains bearish awaiting confirmation of a bulls rally in the area. and is now trying to start from its bullish RSI trend. New opportunity to re-enter the key support area before take profit we will have new perspectives for price action and reduced volatility after the upward phase.
After two accumulation the movement remains bearish wait for the confirmation of the MACD to take a position.
Before the breakout target, DENT / USDT to retest it from the ATH.
Hope you liked the analysis. Support me by sharing in the comments base.
Warning: this is not financial advice, do your part.
As you can see, DENT / USDT has faced a resistance zone and is heading on a long term uptrend mainline now it has just drawn a new uptrend line which we can return to afterwards! for the moment no sign of the presence of bulls in sight.
Volatility is neutral but the MACD is below so the market remains bearish awaiting confirmation of a bulls rally in the area. and is now trying to start from its bullish RSI trend. New opportunity to re-enter the key support area before take profit we will have new perspectives for price action and reduced volatility after the upward phase.
After two accumulation the movement remains bearish wait for the confirmation of the MACD to take a position.
Before the breakout target, DENT / USDT to retest it from the ATH.
Hope you liked the analysis. Support me by sharing in the comments base.
Warning: this is not financial advice, do your part.
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