Long Term Dash Projections- Long Term Breakout in Progress.Dash analysis
Beautiful longterm growth chart with DASH shows a significant breakout in progress as the wRSI(18) lines up exactly with the move during the last cycle and a break of the diagonal downtrend resistance.
We also see a bullish divergence between our price and momentum oscillator as it created a higher low on wRSI and a lower low on price.
Monthly b bands have pulled back together as well.
In the near term I would expect the first pullback as price moves towards the 200wEMA. Being above the wEMA ribbon we should have solid support as it regains bullishness. Sideways movement here can also fulfill the required time and accumulation necessary to move higher.
Other volume indicators like OBV and Accumulation/Dist are basically flat.
Slow growth will be followed by an explosive parabolic move towards the $5-6K range if the pattern plays out the same. Long term traders and investors, buy on pullbacks and look for exponential growth some time in late 2021.
-Rob D Swinging Crypto
Dash
LONG DASHUSD - Pefect JunctionPrice action just fell out of both of my custom bollinger bands. It's at a cross roads for the trend to continue upwards. It appears to have been in accumulation for quite some time and it just had a push down that may give the bulls the go ahead. And with Crypto , there's still time to analyze to see where you think is the best entrance. Mine is as shown 76.20. I should've waited just a little longer. but oh well. I believe this is a goof position.
DASH Long 23.6% or 50% Retracement - Depending on placementUsing Bollinger bands and Fibs, I placed the trade which gave me a bit of a spread at 76.17 when I'd rather have it at 75.75. Either way, the way Dash has been moving, this looks to be going long as their was wguite a time of accumulation and it just needed the push down to accelerate it long. Here's to hoping we make a new High. Just FYI these are two trades that have been placed making indicision candles on the hourly. Until it just jumped down. But I have moving average support from Under on most time frames.
Don't miss the great buy opportunity in DASHBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00686).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.00809
TP2= @ 0.00880
TP3= @ 0.00980
TP4= @ 0.01153
TP5= @ 0.01360
TP6= @ 0.01610
SL= Break below S2
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Don't miss the great buy opportunity in DASHBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00686).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.00809
TP2= @ 0.00880
TP3= @ 0.00980
TP4= @ 0.01153
TP5= @ 0.01360
TP6= @ 0.01610
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
DASH/USD LONG SET UP (HODL) (DASH ROCKET)Dash is a cryptocurrency unlike most others. It’s neither a development platform nor it is like first cryptocurrencies with their huge transactions fees, long transaction waiting times, and volatility Dash is oriented on a completely different level.
Developers define Dash as a cryptocurrency analog for electronic cash. They want Dash to be as liquid and as fast as the online fiat money that is mostly used now
Dash is decentralized peer-to-peer electronic cash built on core of Litecoin, enabling such features as PrivateSend and InstantSend. Dash is decentralized in governance and founded via its own network by mining, which makes autonomous and independent from any authority but its own users. The average block mining time is 2.5 minutes on the Dash Blockchain, making Dash significantly faster than Bitcoin .
Dash Launches Latin America’s First Ever Crypto Debit Card
Crypto exchange Tauros will offer the first crypto debit card backed by Dash in Latin America.
Dash has partnered with Mexican cryptocurrency exchange, Tauros. io , to release the first crypto Visa debit card in Latin America. The offer will initially only be available to Tauros’ customers in Mexico.
The card will work at millions of stores in Mexico by converting crypto funds to pesos using the Tauros mobile app. It will also be capable of conducting online transactions. Speaking with Cointelegraph, Ernesto Contreras, Head of Business Development at Dash Core Group, provided more details about the new product, which is the first of its kind in the region:
"The Tauros card is a first in Mexico and the region, and it will also allow for a very easy way in and out of the Tauros ecosystem, which is very important as it adds massive usability to Dash users in the country. The fact that we are giving the opportunity for people to earn DashBack rewards with their card will also give a boost to the crypto ecosystem in Mexico as now anyone can use their pesos, and Hodl Dash."
COVID-19 drove the debit card’s launch forward
He added that the recent need for contactless payments helped to accelerate the product offering. He emphasized the necessity of social distancing, noting that this will be the “new normal after this pandemic.”
Salador Melendez, CEO of Tauros Exchange, believes that the crypto ecosystem in Mexico is interested in a way to spend crypto directly. He stated that “this new world is about freedom.”
The Dash Core Group recently announced plans to release another update near the end of August.
Title : DASH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order Or Market First Entry
Time Frame : WEEKLY
Entry Price 1 : $76.00 ✅
Entry Price 2 : $66.00
Stop Loss : $56.00
TP 1: $86.00 (100 PIPS)
TP2: $96.00 (200 PIPS)
Tp.3: $106.00 (300PIPS)
Tp.4 $116.00 (400 PIPS)
tp.5 $126.00 (500 PIPS)
RISK MANAGEMENT
STATUS: 🏃🏽♂️ACTIVE (ENTRY 1)
DASHUSDT AnalysisAs you can see, EngineeringRobo and I are neutral about DASH at the moment. It is sitting just above the uptrend / support line
If you are currently holding DASH at the moment, you should likely continue to hold and await EngineeringRobo sell signals or sell if it reaches the $111.96 resistance level.
If you are planning to buy, look out for Engineering Robo Buy Signals, or buy at the $68.11 support level.
No matter which level you are buying, watch EngineeringRobo signals carefully.
DASH One More Spot to Add for Better Positioning (69.5-70.5)Dash nailed the glorious corss trends between 66.50 and 7.50 which gave me a roll of the dice type of positions to my trading portfolio. After taking some profit (of course) the next best thing is to find the next best position. And we're not far off. It could be a few hours before we see another Crypto " what the F...ALL" into 69.5 - 70.5. This should corss with another downtrend and uptrend line pushing it further up as we've recent seen the massive drop. I think the drop was due to enough profit, syncronized sell, if you will that would catch the crypto holders off guard. Take their money and buy again at a lower rate. Don't get me wrong, they're not going to buy all at once. Expect some sideways action for a few months. Maybea spike or two. But when the S&P starts wavering and there's economic uncertainty, Altcoins will soon be offered in 401(k)'s and you'll start seeing the uptick in Altcoin season. So find the sweetspots now. Amd I', giving you a hint at one. I've found plenty already in Litecoin and ZCash. Staying away from Ripple, Bitcoin, and Etheruem for the time being. But You can bet that Dash, Litecoin, and Zcash are going to have their best quarters yet. And here's just my DASH of a hint.
KRAKEN:DASHUSD
Crypto DASHUSDT View on Crypto DASHUSDT (8 Sept 2020)
We are seeing a trong headbutt form the bullish side.
If $60 level can hold, it may rise back up to $85-$90 again.
Let's see.
DYODD, all the best and read the disclaimer too.
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Thank You!
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