A trading opportunity to buy in Dash is near...Technical analysis:
. DASH/BITCOIN is in a downtrend and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI downtrend #1 is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0402 to 0.0366). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0402)
Ending of entry zone (0.0366)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0457
TP2= @ 0.0502
TP3= @ 0.0571
TP4= @ 0.0630
TP5= @ 0.0721
TP6= @ 0.0920
TP7= @ 0.0972
TP8= Free
DASH-BTC
Increased Probability of a SHORT term crypto bounce hereThe DASH/USD chart because it is cleaner for the purpose of showing bullish RSI divergence on the hourly chart.
There is increased probability of a pop in the crypto market down here. Looking at the history of many coins over various time frames, this situation often leads to at least short term bullishness.
It is when there is a relatively quick dump, and RSI gets down to that 20 or 25 range, watch for a higher low on RSI and a lower low on price. (Also, it is not totally evident on this chart, but note the volume spikes coming in down here.) It does not ALWAYS work, but it is higher probability than trying to catch the knife and buy the bottom on the previous low. This is crypto, and if you are reading this, you likely are not a whale.... so don't be the guy trying to catch the knife.
IF this bounce does play out, I will look to close out quite a few positions. I see this market going lower, and I think we see the 'gap' from April 12 close before we see BTC at $10,000.
On a more moderate time frame, I would rather pay a bit more for a coin that cleared some obstacles, than to hold on to one as it loses another 30%. So I am looking to sell this bounce if it happens. And of course, the market is perpetually changing, so be nimble.
Travis
JMJ - UIOGD
A Great Opportunity to Buy in DASHBTC , let's hunt together …Technical analysis:
DASH/BITCOIN is in a range bound and the resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 47.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would resume.
There is a possibility of temporary retracement to suggested support zone (0.0455 to 0.0418). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0455)
Ending of entry zone (0.0418)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0502
TP2= @ 0.0571
TP3= @ 0.0630
TP4= @ 0.0727
TP5= @ 0.0920
TP6= @ 0.0972
TP7= Free
A Great Opportunity to Buy in DASHBTC , let's hunt together ...Technical analysis:
DASH/BITCOIN is in a range bound and the resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 47.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would resume.
There is a possibility of temporary retracement to suggested support zone (0.0455 to 0.0418). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0455)
Ending of entry zone (0.0418)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0502
TP2= @ 0.0571
TP3= @ 0.0630
TP4= @ 0.0727
TP5= @ 0.0920
TP6= @ 0.0972
TP7= Free
DASHUSD (Volume Analysis Prediction 5/04/2018)Ticker: DASHUSD
Exchange: BITFINEX
Signal: mid-term @Long
Trading idea:
Buy from the bottom of the consolidation
All coins now go independently, which gives us a good opportunity
Remember the risk / profit ratio
Entry point: 457
Stop: 442
Target1: 503.5
Target2: 531
DASH - Loooong - #DASH #BTC #RSI #DIVERGENCE #BOTTOMSWINGI think our RSI makes higher low (below 30) and breaches that support-turned-resistance line (that's the yellow one down on the RSI oscillator). Then, DASH runs away. Bullish divergence on RSI is there now. Potential Bullish bottom swing as well.
Looking for good entry of a long on this. Orders placed. Awaiting takers.
As always (almost), BTC can make or break this. That said, DASH seems well oversold.
Dash files for patent of new "Evolution Platform" *an update*Since my introduction about a month ago Dash has, like many coins fallen through major support lines identified on my charts at the time of posting. With those lines becoming resistance but positive news in the media what might the next few weeks look like?
Looking at the one day chart it looks like Dash could be about the bounce from the support it is currently resting on. If it falls below (which we, of course, hope it doesn’t), price action may be headed to lower support indicated by the blue trend line on my updated chart. If it does there’s a chance this could be the bottom with a bounce likely based on a recent increase in volume and a crossover of a cluster on trend lines circled on my chart.
Dash , A great buy opportunity in DASHBTC . Catch it!!Technical analysis:
.DASH/BITCOIN is in a range bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 39.
Trading suggestion:
Price is in the Buy Zone (0.0643 to 0.0580), we would set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (0.0643)
.Ending of entry zone (0.0580)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks).
Take Profits:
TP1= @ 0.0724
TP2= @ 0.0775
TP3= @ 0.0803
TP4= @ 0.0920
TP5= Free
THC looking to rebound back up!After the dump from the news coming out last night it looks like we may have hit our resistance right around the 2780-2800 mark and could be looking to breakout later this afternoon. Hopefully we see some more updates or good news and im sure we can push this resistance back up!
Definintely a coin to watch in the next few months with the upcoming fork! I have also heard from the developers that they have already applied to some more exchanges so hopefully we can see a new listing soon too.
This looks to be a good buy either way, if you want a short term smaller gain then jump in, otherwise just buy and hold and watch it explode!