Hello,
As we have previously predicted, DENT has successfully retested the resistance mark of 0.0074. as a part of its 5M bullish divergence cycle.
We have then monitored 15M cycle kick into action that has triggered a massive drop. However, the market has failed to reach the support trendline formed on Oct-27 and re-tested on Nov-11.
In addition to that, the inside bullish divergence is clearly visible. This concludes that the 15M cycle has now restarted.
Therefore, it could be concluded that the market is now entering its 15M bullish momentum.
Given that we are now in the bull phase on 1H chart, this might very well lead to the retesting 0.0084 price point.
Not financial advice. Do your research. Trade wisely!
As we have previously predicted, DENT has successfully retested the resistance mark of 0.0074. as a part of its 5M bullish divergence cycle.
We have then monitored 15M cycle kick into action that has triggered a massive drop. However, the market has failed to reach the support trendline formed on Oct-27 and re-tested on Nov-11.
In addition to that, the inside bullish divergence is clearly visible. This concludes that the 15M cycle has now restarted.
Therefore, it could be concluded that the market is now entering its 15M bullish momentum.
Given that we are now in the bull phase on 1H chart, this might very well lead to the retesting 0.0084 price point.
Not financial advice. Do your research. Trade wisely!