DENT/ BTC nice 1h chart - Price Action Analisys and BUYING Strategy explained

in #bitcoin • 7 years ago (edited)

DENT/BTC wonderful pattern on hourly time frame. It seems getting ready for a strong (hope upword!) movement. Price has reached an important support around 0.00000280 btc area and we come from 12 days of accumulation: price is well compresse :-)

MY STRATEGY:
BUY @ 0.00000290 btc (dotted light-blu line)

STOP LOSS @0.00000278 btc (light-blu line) (loss of 3,81%)
TAKE PROFIT @ 0.00000465 btc (just below the last high): +60%

Risk/reward ratio: 16!

You can buy DENT on KuCoin exchange: https://www.kucoin.com

#dent #trading #vincentb #crypto
7 years ago in #bitcoin by
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