A trading opportunity to buy in DASHUSDTechnical analysis:
. Dash/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (104.000 to 84.000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (104.000)
Ending of entry zone (84.000)
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 the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 139.000
TP2= @ 175.000
TP3= @ 210.000
TP4= @ 280.000
TP5= @ 410.000
TP6= @ 530.000
TP7= @ 640.000
TP8= @ 806.000
TP9= @ 982.000
TP10= Free
DASH-USD
A trading opportunity to buy in DASHUSDTechnical analysis:
. Dash/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (104.000 to 84.000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (104.000)
Ending of entry zone (84.000)
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 the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 139.000
TP2= @ 175.000
TP3= @ 210.000
TP4= @ 280.000
TP5= @ 410.000
TP6= @ 530.000
TP7= @ 640.000
TP8= @ 806.000
TP9= @ 982.000
TP10= Free
DASHUSD The transaction will be active in a month for 30 %
In this situation, the growth of buyers and sellers.
If there is a strong news it will be easy to go up
If you trade with leverage, determine the entry point or watch me, I will update if the situation changes.
I keep my hand on the pulse, put a pending order at a price of 110 - 112 $
DASHUSD LONG POST ANALYSIS DASHUSD POST ANALYSIS
I had posted a trade idea on DASHUSD on August 27th stating that I believed there was a good potential long opportunity approaching in the market. If you look at the daily time frame on DASHUSD you can see that there was a very strong push by the buyers on August 27th and that had immediately caught my attention. Remember that the #1 sign of REVERSAL is POWER so when you see such a strong push by either a buyer or seller, especially on such a significant time frame KEEP AN EYE OUT, there may be something the market is trying to tell you.
On this trade it was a pretty simple setup. The chart that I'm posting for my post-analysis was the approach I took. Price had just POPPED through structure on the 4H with such strong momentum causing a breach of that structure. I waited to make sure price was going to hold above it so it wasn't a fake-out, and based on the momentum I had a feeling that it was going too. I waited for the pullback back into structure by the sellers, waited for buyer interest again around the 175 levels, I got it and it was good to go from there! Target was hit at 215 price level!
I always make sure to keep all of my trades simple. I approach the market with every trade being a high probable trade setup and also a business decision. I decided that this pair was at a good price along with momentum and I decided to take the opportunity. Remember that everybody is different in trading. My style might not fit your style but I hope it can add some value to your trading!
Please like and follow my page to get more trade ideas here on TradingView! Cheers! On to the next one!
A new trading opportunity to buy in DASHUSDA new trading opportunity to buy in DASHUSD
Technical analysis:
. DASH/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (221.0 to 153.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (221.0)
Ending of entry zone (153.0)
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 the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
We have already opened 10 BUY trade(s) @ 235.259 based on 'Two-Day reversal candle ( Hammer in D2 time frame)' entry method at 2018.06.29 in our previous suggested support zone (231.0 to 153.0).
Total Profit: 133410
Closed trade(s): 45741 Profit
Open trade(s): 87669 Profit
Closed Profit:
TP1 @ 281.0 touched at 03.21.2018 with 23392 Profit.
Open Profit:
Profit for one trade is 245.000(current price) - 235.259(open price) = 9741
9 trade(s) still open, therefore total profit for open trade(s) is 9741 x 9 = 87669
All SLs moved to Break-even point.
New Take Profits:
TP1= @ 281.0
TP2= @ 327.0
TP3= @ 407.0
TP4= @ 541.0
TP5= @ 640.0
TP6= @ 749.0
TP7= @ 915.0
TP8= @ 1182.0
TP9= @ 1625.0
TP10= Free
A new trading opportunity to buy in DASHUSDTechnical analysis:
. DASH/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (221.0 to 153.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (221.0)
Ending of entry zone (153.0)
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 the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
We have already opened 10 BUY trade(s) @ 235.259 based on 'Two-Day reversal candle ( Hammer in D2 time frame)' entry method at 2018.06.29 in our previous suggested support zone (231.0 to 153.0).
Total Profit: 133410
Closed trade(s): 45741 Profit
Open trade(s): 87669 Profit
Closed Profit:
TP1 @ 281.0 touched at 03.21.2018 with 23392 Profit.
Open Profit:
Profit for one trade is 245.000(current price) - 235.259(open price) = 9741
9 trade(s) still open, therefore total profit for open trade(s) is 9741 x 9 = 87669
All SLs moved to Break-even point.
New Take Profits:
TP1= @ 281.0
TP2= @ 327.0
TP3= @ 407.0
TP4= @ 541.0
TP5= @ 640.0
TP6= @ 749.0
TP7= @ 915.0
TP8= @ 1182.0
TP9= @ 1625.0
TP10= Free
There is a trading opportunity to buy in DASHUSD Technical analysis:
. DASH/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have already opened 10 BUY trade(s) @ 235.259 based on 'Two-Day reversal candle (Hammer in D2 time frame)' entry method at 2018.06.29 in our suggested support zone (231.0 to 153.0).
Beginning of entry zone (231.0)
Ending of entry zone (153.0)
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 the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 281.0
TP2= @ 327.0
TP3= @ 407.0
TP4= @ 510.0
TP5= @ 650.0
TP6= @ 809.0
TP7= @ 939.0
TP8= @ 1182.0
TP9= @ 1625.0
TP10= Free
DASH/USD breaks trendline support at 315, stay short for 285DASH/USD has shown a break at strong trendline support at 315 on the 4H charts.
Recovery attemps in the pair have been capped below new trendline support turned resistance at 320 levels.
On the daily charts, the pair has slipped below 5-DMA on Monday's trade and on the day upside was capped at 5-DMA at 320.
Price action is below daily cloud and major EMAs. Scope for weakness till 283 (major trendline support). Further weakness only on break below.
On the upside, breakout at 320 could see further gains. Next major resistance above 320 lies at 342 (21-EMA).
Break above 21-EMA could see test of 50-DMA at 409 levels.
Support levels - 300, 283 (trendline)
Resistance levels - 320 (5-DMA), 342 (21-EMA)
Good to stay short on upticks, SL: 325, 300/ 285
There is possibility for the beginning of uptrend in DASHUSD .Technical analysis:
DASH/DOLLAR 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 47.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (417 to 281), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (417)
Ending of entry zone (281)
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= @ 510
TP2= @ 650
TP3= @ 809
TP4= @ 939
TP5= @ 1182
TP6= @ 1625
TP7= Free
There is possibility for the beginning of uptrend in DASHUSD .Technical analysis:
DASH/DOLLAR 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 47.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (417 to 281), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (417)
Ending of entry zone (281)
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= @ 510
TP2= @ 650
TP3= @ 809
TP4= @ 939
TP5= @ 1182
TP6= @ 1625
TP7= Free
DASHUSD: Dash Breakout ?!The Dash price moves sideways last few days. None of the party, the sellers and buyers did not take initiative to control the price. But there was a little change few hours ago. The big bearish bar shows that finally the traders started selling. Can it break the support level?
There is a support at 576.141399, which is structure low. The price respected that level few times, but if it breaks that level, it is more likely continue dropping. Thus, I am going to apply a breakout strategy to this. I will await a valid breakout – the bearish bar closed outside of support level and then I short Dash.
- Follow & Comment -
Dash , A buy trading opportunity in DASHUSD. Be ready !!Technical analysis:
.DASH/DOLLAR is in a range bound and beginning of up trend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
.The RSI is at 50.
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (650 to 510) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (650)
.Ending of entry zone (510)
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= @ 809
TP2= @ 939
TP3= @ 1182
TP4= @ 1625
TP5= Free
DASH/USD long for 600DASH/USD bounces higher from 3-month lows at 376 levels, closes above 200-DMA.
Intraday charts show some upside, price action has edges above major EMAs on hourly charts.
Price action has broken above 78.6% Fibo at 545 levels, finds next resistance at 600 (trendline).
On the flipside, retrace and close below 200-DMA could see re-test of 400 levels.
Support levels - 536 (5-DMA), 519 (200-DMA), 408 (88.6% Fib retrace of 252 to 1625 rally), 310 (Nov 12 low)
Resistance levels - 600 (trendline), 701 (20-DMA), 754 (100-DMA)
Good to go long on dips around 545, SL: 450, TP: 600/ 650/ 700.
DASH/USD short opportunityDASH/USD is extending weakness below 200-DMA, bias lower.
Technical studies are highly bearish. 5 and 20 DMA are sharply lower. Bollinger bands are widening.
Stochs and RSI show bearish momentum and MACD is deeply in negative territory. We see -ve DMI dominance and ADX supports trend lower.
Price action has broken 78.6% Fibo and 200-DMA, is on track to test 88.6% Fibo at 408 levels.
On the flipside, retrace and close above 20-DMA (currently at 732) invalidates bearish bias.
Support levels - 430 (Feb 2 low), 408 (88.6% Fib retrace of 252 to 1625 rally), 310 (Nov 12 lows)
Resistance levels - 546 (78.6% Fib retrace of 252 to 1625 rally), 575 (5-DMA), 732 (20-DMA)
Watch out for close below 200-DMA for weakness. Place stops at 650, target 430/ 408/ 310.
DASH/USD sell opportunityDASH/USD has shown a decisive break below strong support at 50-DMA at 967.92.
The pair hit session lows at 858 before paring some losses to currently trade around 900 levels.
Momentum studies are bearish, RSI is now biased lower. -ve DMI is on verge of crossover on +ve DMI.
Price action has dipped below daily Ichimoku cloud and we see scope for further downside.
Break below 50-DMA has raised scope for test of 61.8% Fib at 691 levels.
On the higher side, break above 5-DMA to see next major resistance at 20-DMA at 1065.
We see bearish invalidation only on breakout at 20-DMA while could then see resumption of upside.
Support levels - 870 (50% Fib retrace of 115 to 1625 rally), 691 (61.8% Fib), 651 (Dec 10 low)
Resistance levels - 973 (50-DMA), 979 (5-DMA), 1048 (38.2% Fib), 1065 (20-DMA)
Good to go short on rallies around 900/920, SL: 975, TP: 870/ 790/ 700
Dash/USD pauses downside, stay long on close above 5-DMADash/USD pauses 5 consecutive sessions of downside.
Trendline support at 1120 levels. We see minor weakness on break below.
Next major support below 1120 lies at 20-DMA at 1008.85.
Violation there could see test of 850 (major trendline) and then 50-DMA at 728.
Technical studies are not supportive of major downside. RSI holds above 50 levels and is turning north.
ADX has also not been supportive of the downside, we still see +ve DMI dominance.
5-DMA is immediate resistance on the upside and break above could see resumption of upside.
Support levels - 1100 (38.2% Fib retrace of 252.50 to 1625 rally), 1008 (20-DMA), 850 (trendline)
Resistance levels - 1178.71 (5-DMA), 1250 (Dec 17 high), 1301 (23.6% Fib)
Go long on breakout above 5-DMA, SL: 1080, TP: 1250/ 1300/ 1420.
DASHUSD Short term - bearish / Long and middle term - bullishShort term (bearish)
market looks overbought (Stoch&accum/dist) after strong uptrend, median 1 of the pitchfork will eventually hold - trend reversal
median 0,25 served as strong resistance, will also probably give strong support
blue line indicates new trend reversal at 562. Dollar. Seems to be a good level to buy DASH
In case my analysis is false and trend continues median1 could be a good entry point.
Long/middle term (bullish)
pitchfork indicates longterm uptrend
EMA 10&20 confirm longterm uptrend, m 0,25 gives resistance to EMA10
median 0,25 maybe new support for the trend