Long
DNT Roadmap to $0.60
Likely Bullish Scenario
Breakout of triangle somewhere below $0.35 rally retest $0.35 Resistance. Rally to $0.42 All time high. If it can close above $0.42 it can re-enter the Nov 2020 Channel at $0.61.
Unlikely Bear Scenario
Breakdown of Triangle
Down to $0.26 then $0.23
The bear scenario is unlikely because we've already had over 45 days of Bitcoin Consolidation during this major up trend.
Breakout of triangle somewhere below $0.35 rally retest $0.35 Resistance. Rally to $0.42 All time high. If it can close above $0.42 it can re-enter the Nov 2020 Channel at $0.61.
Unlikely Bear Scenario
Breakdown of Triangle
Down to $0.26 then $0.23
The bear scenario is unlikely because we've already had over 45 days of Bitcoin Consolidation during this major up trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.