Weekly
Looking at our trend timeframe we see price respecting our trend, stochastic rsi showing momentum is starting to shift in favor of bulls. Last time price was at this level was on Dec 11 2017, and we saw a jump from 300 up to 2000 satoshis, are we doing to see a repeat of this, will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price has attempted 3 times before toady to break our 375 resistance zone. Stochastic RSI showing momentum is in favor of bears, a daily close above 380 and expect a push towards 500. If rejected at this level expect DNT to set a new historic low.
Conclusion
- Buy: After Daily Close Above 380
- Sell: Nooo
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Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
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