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District0x/Bitcoin (DNT/BTC) at Critical Support

DNT/BTC is at major support, and offers scalping opportunity. 

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  • This is the November support. 
  • Prevailing trend is bearish so we should have conservative bullish outlook from this support.
  • 585-600 area is a good conservative target. 675 is somewhat aggressive (under 50% probability in my opinion). 850-880 is super aggressive and for me is under 5% probability. 
    Trade Plan:
  • Enter: 475-480
  • Stop 425
  • Target 1) 540
  • Target 2) 555
  • Target 3) 580