Can Dash break resistance?Dash has rallied into and reversed off resistance priced in both USD and BTC. This comes after a few months of underperformance against the entire crypto market. If it breaks resistance it would be significant, but the chances may be slim.
If Bitcoin trades higher, capital may flow from Dash to BTC, while more downside for Bitcoin will probably hit all coins.
Worth watching though.
Dashbtc
There is a possibility of the beginning an uptrend in DASHBTCTechnical analysis:
. DASH/BITCOIN 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 47.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02260 to 0.02090). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02260)
Ending of entry zone (0.02090)
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= @ 0.02589200
TP2= @ 0.02822700
TP3= @ 0.03231000
TP4= @ 0.03693200
TP5= @ 0.04289000
TP6= @ 0.04682700
TP7= @ 0.05483200
TP8= @ 0.06284500
TP9= @ 0.07424300
TP10= @ 0.08876300
TP11= Free
There is a possibility of the beginning an uptrend in DASHBTCTechnical analysis:
. DASH/BITCOIN 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 47.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02260 to 0.02090). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02260)
Ending of entry zone (0.02090)
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= @ 0.02589200
TP2= @ 0.02822700
TP3= @ 0.03231000
TP4= @ 0.03693200
TP5= @ 0.04289000
TP6= @ 0.04682700
TP7= @ 0.05483200
TP8= @ 0.06284500
TP9= @ 0.07424300
TP10= @ 0.08876300
TP11= Free
DASH/USD On a hard leash of BTCHello guys.sharing my observations
DASH, seems best time to buy around this level.
Buy 1 dash for your child or mother, and hold for next 3-4 years.
Its very long hold. if he doesn't die - you can pay for your child’s college or buy a new house for your mother)
ITS NOT financial advice!
DASH – 200% - 1100% profit possible – divergent to BTCHi Guys!
Today we have another project which touched its crucial level of price.
As you can see on the chart there is a very long-term support which is present since August 2014.
If we break it down it will be a big surprise. So the probability that it happens is rather low.
Currently, we have a 5th time when the price bounces up from this level.
On the chart, you will see all the major rallies marked up.
Depending on the moods on the market we can make 200%, 700% or even 1100 % of profit.
Dash is a very strong coin with hard-working team and a large amount of community around.
Of course, the market right now is weak but when we compare the chart of DASH and BTC we can see clearly that in some periods of time their price was divergent which means when one asset goes up the second one is down and other way round. Please look at the 2nd chart down below in the comment section.
Thank you for all your comments and likes!
Don’t forget to follow to click follow on our profile in order not to miss the occasion to earn some money!
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WBM Team
You would of sold ATH with this indicator on DASHBuy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
//
when a green dot -6.68% -7.44% -7.44% appears you buy, if a green dot -6.68% -7.44% -7.44% appears after that green dot -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
//
the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
//
shorter time frames will be choppy.
//
larger time frames will be smooth.
//
*Daytrading smaller timeframes is possible but not recommended.
DASH Coin Long Next Opportunity Upto 50% Move !!DASH on Support Level and Price doing restest we can see a spike upto 50% .
DASH Also making Bullish Channel Next Move will be aroung 3700.
Share Your Opinions in Comment Box
if You Satisfied With My Analysis My idea Then Dont Forgot To Like .
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
DASH-ing to new all time high?DASH looks set to break out of a long term downtrend. Organic, slow growth is what I like. Will fire long out of this squeeze with a few more days of buy activity. With good volume she'll run...or "dash" (get it?).
Potential adam & eve, but the second formation is a bit too high.
DASH good correction and strong support#DASH 1w
On the scale of one week, we see that this market, relative to its global growth wave, has made a more than full-fledged correctional rollback. The cost fell to -91% of its peak value, where a new dense support area was found. At the moment we are still in this zone, most likely we will have a sideways movement for some time, and if support will keep the market pressure, then the bullish state of indicators of some large scales indicate a good opportunity to step higher. Dash is one of the top 10 altcoins, the growth of which often arose regardless of the movement of the global market, a very strong project with serious developments. If we consider long-term trading, the choice of this asset will be quite obvious and correct decision, since the formation of a new market cycle begins now, and the end result can bring a huge profit.
Dash (DASHBTC) Finds Support: Will Move Bull Again (100% PP)Dash (DASHBTC)’ completed its retrace after it had a nice run. Right now support is being established and soon DashBTC will move again.
Let's take a quick look at some of the signals:
Retraced fully, after several weeks of bullish action yet DASH made a higher low.
RSI bounced from oversold and the MACD is curving up, more signals that support is being found and retrace completed.
Decreasing volume.
Inverted hammer candlestick.
DASHBTC will move soon.
Here is our long term trade for DASH:
Thanks a lot for reading.
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Namaste.
DASH Poised for a Beautiful Breakout to the UpsideDASH/BTC is poised for a beautiful breakout to the upside, similar to that of XRPBTC a few days ago. Breaking out of this wedge resistance wall is imperative to continued confidence. RSI and MACD on the Daily showing that the gains are just starting for DASH and that this is VERY likely to break through wedge resistance. Sells marked at red levels per fibonacci retracement tool.
Dash is worth a watch - Loooow RSI, Stoch and MacdI think Dash is worth watching closely, the RSI is in oversold territory, stochastics are low and the macd looks like it may be finding a bottom soon. As you can see the RSI getting into the oversold area is no guarantee it will move up, its lingered down there for months in the past but its still worth setting some alerts to keep an eye on.
Last burst in price from this area seen a 50ish% move up. I haven't opened any positions yet but watching closely.
Short term
Be careful buying it because BTC is moving up. It doesn't always follow BTC's lead right away so if you're looking for quick gains, you could be playing with fire.
Long term
I think its a good buy, solid fundamentals but do your own DD.
DASH showing Bullish Divergence, and within a falling wedge.DASH/BTC is showing bullish divergence on the RSI and on the CMF on the 4-hour indicator. MACD is also showing bullish divergence, but I did not show it here. Alongside that, it is within a falling wedge pattern as it nears support on the .786 fib line. If you guys caught my LTC/BTC analysis from last night, this looks eerily similar. Only risk is if BTC decides to move down. I made another analysis where I outlined why I thought it would go down, but the bulls defended 6360-6370 with some force, so there is a chance we could see it move to the upside, it's honestly 50/50 right now for which direction BTC will take.
Higher risk entry: 23600-23800.
Best Entry: 23435-23550 (I'm guessing it will go down to these levels before moving up, but there is a chance it could break to the upside before then, so do your own diligence and risk-assessment.)
Target 1: 25450
Target 2: 27200
Target 3: 30000
SL: 22000-23000 depending on risk level.
Big thanks to cervantescerville for telling me to check out DASH, wouldn't have checked it out had he not sent me images of the fib lines and of the bullish divergence on the RSI and MACD.
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
A trading opportunity to buy in DASHBTCTechnical analysis:
. DASH/BITCOIN 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 28.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02144600 to 0.01799300). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02144600)
Ending of entry zone (0.01799300)
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= @ 0.02589200
TP2= @ 0.02822700
TP3= @ 0.03231000
TP4= @ 0.03693200
TP5= @ 0.04289000
TP6= @ 0.04682700
TP7= @ 0.05483200
TP8= @ 0.06284500
TP9= @ 0.07424300
TP10= @ 0.08876300
TP11= Free