district0x / USDC

DNT / USDC Long Position

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Recently DNT has been showing some aggressive / somewhat silly gains. I bought in at .009 and noticed recently that it had hit a gain of up to .07 - I was seeing almost 1000% gains. What is happening now, is another wave up - which I believe will at least hit the height of the last wave, but should extend past, as the Fibonacci Support zones were not passed - and the price did bounce off the 50% line. It was more of a consolidation at that point, and not a direct bounce, which meant selling pressure = buying pressure.

Keep your eye on this one. Civic already making the gains.

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