Dashbtc
DASH EQ BREAK COMING!Hellooo friends of Dash,
after we have touched previous critical resistance at 220 (before we went beserk in December), and how holding it as support, we have a very nice equilibrium coming up in Dash, with the Highs at $256, and the Lows at $240
=> A definitive break here will be coming and will be a nice trading opportunity (if we don't get 'wicked' out)
Dash normaly had a high correlation to big brother Bitcoin, but now we broke it since BTCs current surge. In the direct correlation of DASH/BTC we have touched 0.03 important previous resistance, if we cannot hold it, another area is at 0.022
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About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Be careful with DashIt's going to loose 70% more of it's value. Unless huge news and fomo will draw a huge breakout.
DASHUSD: VERY IMPORTANT AREAHello guys,
at the moment DASHUSD is in touch with an important resistance level. In my opinion, if prices are able to stay above 280 USD (R1) for a couple of hours, loading indicators, it could develop a run to 300 USD (R2) as first step and then to 320 USD (R3) as second target.
In case set up is triggered, stop loss would be set to 268 USD.
Volume is not particularly exiting: for the movement to develop is necessary a rise of volume.
Indicators point out a possible new run.
To sum up:
if price remains above 280 USD R1----> R2 300 USD----> R3 320 USD
*** This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
DASH/BTC Bounced in our buy zoneWe mapped the buy zx one for DASH/BTC and it bounced perfectly. Looking now for the wave 3 target
DASHUSD POSSIBLE GOOD ENTRY POINTHello guys,
I think DASHUSD at current level represent a possible good entry point if examined on daily time frame. As you can see from the chart this crypto could rebound form two main reasons: the first one is DASH is on an important supportive area either respect to USD or also BTC and the second reason is related to volume, which is rising during the last hours even if only against USD.
Indicators are not suggesting us particular informations because the chart against BTC suggest a possible rebound but if we look at the chart against USD is not particularly significant, or better, it indicates a little predominance of negative setting.
If prices are able to break the descending trend line starting from the beginning of May and in particular, if it's able to be over 235 USD (R1) at the end of this trading day, it can rise till to the next resistance area, passing at the moment to around 255 USD (R2) as first step and then to the range between 275 USD and 285 USD (R3), where there is an important resistance area.
To sum up:
If prices breaks R1 235 $: ---> R2 255 $ ---> R3 275$/285$
Stop loss should be set under 205 USD
*** This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
DASH reversal?DASHBTC showing bullish divergence in daily MACD while price is looking to approach bottom of a falling wedge formation. DASHUSD RSI approaching the same point. Were these big dumps on Polo some attempts to shake out stop losses into stronger hands before a reversal?
DSHBTCThe asset is in a large downward wedge, near the strong support zone the output from which will allow to test the resistance levels at the levels 0.047
DASH, first coin to take off again?Based on previous performances, Dash was the first top 10 coin to lead the pack and steadily building up thrust. Will this be a repetition or will we have to wait it out.
DASH LONG opportunity - Support on massive trend line level?Dash has seen a tremendous downward trend from 0.1+ BTC to now roughly 0.035 BTC/DASH.
Now the previous resistance of the rally in march 2017 is again tested as support level like in Nov&Dec 2017 where it held very well.
I would give this trade a high probability to the upside (also considering Crypto markets seem to turn slightly more bullish again), however if the support level fails I expect a full retrace and would place a stop at around 0.03-0.031 BTC
$DASH, Road To 0.025
Weekly
Looking at our trend timeframe we see price has recently broke it’s major support level at 0.035. Stochastic RSI showing momentum is in favor of the bears, next support level at 0.025
Daily
Shifting over to our pattern timeframe we see price respecting our bearish channel structure. Momentum also in favor of the bears with no signs of slowing down. Expecting price to drop to 0.025 before seeing any daily signs of reversal. Although it may be tempting to buy DASH now because of it’s price, patience will repay with a better price if we just wait.
Potential bullish signal in DashThe #Dash has broken out of the wedge yesterday, adding to the overall bearishness of the coin. The coin broke the wedge to the downside and then closed significantly below it. However, the #Dash stopped at 0.03430 level, that represents a significant support level that provided support to the coin in its recent history as well. Now that we trade outside of the wedge, we should have a more clear picture on what is ahead of us.
On the 4H chart, the #Dash created a bullish engulfing candlestick pattern. In general, this pattern suggests the bulls have taken control of the price action movement from the bears. This type of pattern usually accompanies a declining trend, suggesting a low or a short-term end has occurred.
So, the break out of the wedge is bearish but the engulfing candle has provided some light at the end of the tunnel for the bulls. Hence, we believe that given the recent bearishness in the coin, we are leaning towards a bounce in the Dash, especially as the coin has reacted really well from the horizontal support. The RSI is also pointing towards a bounce. An additional bonus is the fact that we are sitting at the support, hence the R:R in the long trade at these levels is very good.
LONG
Entry : Current market price - 0.034540
Stop : 0.033200
Target 1: 0.036200
Target 2: 0.038000
Target 3: 0.039700
DASHETH - continuation of a downward trendFriends, another interesting idea for intraday trading. We have noticed that liquid crypto currency DASH does not hold its positions at all. If earlier, crypto-investors considered DASH a promising crypto currency, now it is not even in the top ten by market capitalization. Although almost all the crypto-currency market is in the "red zone" today, but DASH is one of the leaders of today's decline. In turn, ETH is not so much lost its position.
Therefore, the idea for this crypto currency pair has matured this:
1. Levels of Fibonacci retracement on the downtrend are pretty good;
2. We expect a correction to the price of 0.049461;
3. We follow the "bearish" trend to the price of 0.047963.
The main thing is not to forget to put stops on correction levels.
Have a good profits!
DASHBTC updateWe gave the signal for DASH on 24th of June. Please fix the profit and wait till it consolidates as XABCD was formed and the price is in Overbought state. A small correction should start before the further growth to our targets. You should reenter when the price will be in the specified area and follow the targets in the signal
Its Dash but better: Private Instant Verified TransactionPIVX (Private Instant Verified Transaction), has rolled out its highly anticipated new core wallet v3.0.0 that includes support for a next-generation proof of stake privacy solution utilizing Zerocoin protocol (zPIV). Earlier this month PIVX made history by being the first POS (proof of stake) digital currency to implement a fully private and anonymous transaction protocol.
-The PIVX Core wallet will provide a fully decentralized and anonymous exchange for zPIV and Bitcoin.
- iOS Mobile Wallet
Awaiting the dandelion protocol Integration: Dandelion Protocol makes senders IP addresses virtually untraceable
DASHMoving in triangle. Waiting for break out. Looking for two next fibonacci levels
Great news
Evolution v1 - Mainnet (June 2018)
$DASH #DASH - LAST HOPE - Break downtrend now, or BYEHello Lads and Ladies,
Today we are going to take a look at DASHBTC. Currently the 13th biggest crypto by Market Cap. It has been in a humungous downtrend and the question is when will it finally leave this downtrend and where can we expect DASHBTC heading to?!
Starting off with the huge downtrend line (indicated light blue in the chart), which originates at the 20th of December last year. DASHBTC never really left this downtrend now for almost 6 months, it has tried to do so and failed multiple times with that, what can be pretty depressing. Nevertheless, it seems to be coming to and end of this tremendous downtrend and gives quite a bit of room to play with.
It is important to mention that DASHBTC was holding itself above 0.06 BTC for quite a long time and has confirmed this line multiple times again as a historic support and resistance line (indicated red in the chart). I chose the red color, because it has been broken and acts now as a strong resistance and a potential decision point after a big push.
The next support we are taking a look at is located at 0.043 BTC (indicated orange in the chart), this line has been historically a intermediate support and support resistance line, where the chart makes a small stop, when making big moves. Although, it has been a pretty strong support in the timeframe of 30.03 - 16.04, this was a phase where nothing special happened to DASHBTC and it got ready for a pump, which was heading towards the downtrend line, actually broke it for a day and tested the 0.06 BTC resistance. The very important aspect was here that it just had picked up enough momentum and volume to break through the downtrend line, and then it was supposed to break a HUGE resistance right away, of course it got rejected there because there was not enough momentum and volume left. This had a steep retracement with it, nevertheless, it was hugging the downtrend for almost a month, leaving it for a day but coming back again and retracting more from the downtrend. It had a small stop at the intermediate support line (orange) and continued from there, as already explained this support line is able a stronger momentum.
Eventually, it tried to break the intermediate support and resistance, failed to do so twice and continued its journey to the next support at 0.039 BTC (indicated green-dotted in the chart). From there on it was moving sideways and approaching the downtrend, trying to push through it multiple times right now in a very short period of time. Also sitting on support during the whole time.
Based on that there are basically two options left.
The 1ST one would be that DASHBTC breaks the downtrend very soon and pushes towards the intermediate support/resistance deciding there, whether it uses it as a new support for a short time and continues the push towards 0.06 BTC OR it gets rejected there and comes back to the support it sitting at right now.
The 2ND option is that it breaks the current support, gets wrecked and retraces even further down to the next and the last-hope-support at 0.0338 BTC. From there on it would most likely have really a lot of volume and buyers to let it bounce hard and break the downtrend with a very high chance.
Cheers, Tomas
