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.
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 .
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.
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Link for BINANCE exchange, to trade crypto:
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