Crypto Contest January 28: Dent

Crypto Contest January 28: Dent
January 28 12:29 2019 Print This Article

Dent (Binance: DENTETH) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Dent began a wave one advance on August 6, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 30, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 2 this year. If this wave count is correct, Dent should be heading next towards the October 30, 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Dent is tokenizing the mobile data industry and creating a world-wide marketplace to sell and buy mobile data. You can find a quick introduction to Dent exchange below.

(Sources: Dent and YouTube)

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) “Dent will takeout the October 30, 2018 peak”.

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) “Dent will drop below the August 6, 2018 low”.

If you think Dent is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) “Dent will stay in a trading range between the August 6, 2018 low and the October 30, 2018 peak until March 4”.

(Chart courtesy of Tradingview.com (log scale))

You can upvote the comment until 3 PM EST January 31 and you can upvote only one comment. 50% of liquid STEEM + SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).

Bonus 1

I will be sending one Trophy Token (@trophy-token) or one Steem Monsters (@steemmonsters) card to everyone who manages to get these crypto contests right seven times in a row. If/when you accomplish this, please contact me at Steemit Chat with your BitShares address.

Bonus 2

Upvote the right comment and the main post with at least $0.10 and you will get 3 x the winning prize.

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About Article Author

Markus Aarnio
Markus Aarnio

I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.

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