DentaCoin (DCN): MACD Could Approximate the Timing of a Potential Breakout
SUMMARY
DentaCoin (DCN) has been a model Altcoin in executing the very long, sideways moving correction...one of the longest thus far. This is the epitomy of the Hurry Up & Wait Syndrome I've been discussing for months now. However, this correction too shall pass and the best hint of timeline to the end can be seen in the MACD. The blue contracting lines are ever so closer each day until the MACD will have nearly zero mobility and given how close it is to the apex currently; a resolution through a breakout is the only option.
The subwaves have been filled in and the outline of a rounded price formation has also be drawn. The broad red ABC places ther overall correaction with A and C are both broken down into wxyxz complex types. The yellow vertical line that runs from the location of red C to the MACD approximates the timeline to a potential breakout. So, perhaps in a nother week or so; both price and MACD might provide the resolution in direction so as to allow a new impulse price waves to build the right side of the rounded price pattern wall.
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Thank you, this is one I have never heard of.
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I hope so. I hold some Dentacoin. I figured it was a loss cause by now. Lol
dentacoin official bot telegram talk to enter private key for verified,do you know about that ?i think it's scam..
I have no idea what your talking about.
Although I think it’s a scam idea to get some money.
Its seems like a bizarre idea, but then SolarCoin seems a bit strange and yet its a genuine project.
The difference is SolarCoin is issued for free, whereas DentaCoin requires you to buy tokens in an ICO...
I hope for your sake its not a scam, but I kind of think it probably is.
NOTE: Re-posting as original was made invsible by the Trolls and Haters! I give my utmost in all my analysis to provide the best possible tool so requestors can best augment their due diligence. I find it unacceptable to allow Trolls and Haters to make my posts invisible with impunity.
WARNING - WARNING - WARNING - WARNING - WARNING
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Nice. That's one of those HITBtc sleepers on my watchlist. I'm learning a lot about how to analyze MACd from your posts these last few weeks. Thanks for that! Another interesting one is POLY on KuCoin and OPT Opus Coin on HitBTC if you have a chance to check them out!
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🤞🏾
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@haejin Update on verge please.
"Tor" on which verge is based was funded by the NSA.... not so good.
https://www.rt.com/usa/420219-tor-us-government-funded-bbg/
Check out Haejins comment here: https://steemit.com/bitcoin/@haejin/bitcoin-btc-morning-short-term-target-could-exceed-usd8-100
Also Haejins latest most recent update:
https://steemit.com/verge/@haejin/verge-xvg-btc-breakout-in-progress
Zanahorio man
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unfotunately I don't think this will happen.
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Coins mentioned in post:
I like this analysis, however I disagree in a week or so. Dentacoin, just like a handful of other coins, all are showing the exact same pattern.
They all skyrocketed in the same timeframe as Bitcoin did on it's ATM.
I doubt we will see any of these coins recover like that until BTC returns to those trends and prices.
More like Fall 2018 at this point.