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Dashbtc

$DASH $DASH.X - Quick Dash, hopeful profitGoing in on DASH to see if i cn get up to a 4% gain. I'm on the 4 hour time frame and we have a cross of the 5 period SMA over the 10 period SMA, a bullish signal. Then we have a candle above the 20 period SMA. This is premature on the 4 hour since we haven't had a close yet so this is a gamble. The RSI is on a small steady rise but above 50, another bullish signal and the Stoch is going up. On the dily chart Stoch is in the oversold area so that is another indicator of a possible continuation of a small trend reversal. I entered around 0.04451941 sats, aiming for 0.04622118, and set my stop loss for 0.04311446. Being in a bear market this is still a risky venture but with a few bullish signals i'm taking a gamble here. No real important fundamentals, twitter posts som basic news of vendors the past few days hence why we have probably seen a small reversal. By all means this wouldn't fit for a long term setup. I will aim for my near 4% gain but if I get 2% out of it i may cash out. Since RSI is kind of even this could easily turn. May be to early to get in but I do like to gamble. Remember of you want in, do your own research, and I am not a financial ad visor.
by UnknownUnicorn2091450
Dash at the lower boundary, it's time to buy?Coin of the day is Dash. Dash (known earlier as Darkcoin and XCoin) is one of the biggest alternative cryptocurrencies with a focus on transaction speed and privacy. Due to the privacy of the transactions, Dashkovich managed to occupy one of the leading positions behind the bitcoin when it became clear that bitcoin could not offer the appropriate level of confidentiality to users. Dash company supports a close communication with its community. Decisions on changes in the Dash are made by a common vote. Despite the negative attitude towards the coin from some countries, Dash is considered one of the most stable cryptocurrencies. From the technical view DASHBTC once more reached a strong supportive zone 0.035 - 0.045, which was forming from the April 2017 and never been broken since then. This zone also coincides with the 61.8% retracement of the price peak that does not violate the picture of the global uptrend. The price drew a rebound from the 0.045 level ten days ago but did not manage to break above the 0.05 resistance. Nonetheless, as the downwards momentum started to decrease, DASHBTC began to pierce above the Bearish Trend Lines by what is translating the downward tendency into a lateral. From the below - Dash has a strong support zone 0.035 - 0.04. From the above - breakthrough of the 0.05 - 0.052 resistance could mean the beginning of the next growing cycle and set next target at the 100-days EMA.
Long
by DestinationMoonCrypto
DASH - Stong Bullish #DASH #BTC Opened a long position in DASH, that I have since partially closed in the green (see referenced setup) . Added to my remaining long position and feel DASH is looking very strong considering today's price action on BTC. I believe we will stay within the support channel indicated. Likely to see t-k crosses on longer time-frames (i.e. our shorter moving averages are beginning to cross on the 6 hour. they are approaching on 12 hour). I estimate the 20 and 50 MA cross the 200 in the indicated channel and while price is in the Ichimoku cloud. No financial advice here. Comment and critics welcome. Good luck all.
Long
by nycgrowler
DASH/BTC Supports and ResistancesDASH/BTC is currently at 0.786 retrace of the last rally. With RSI nearing the bottom on the daily I expect a stronger bounce to test one of the resistance, either the daily tenken or kijun, or one of the marked red lines. A breakdown of this fib I could see us retesting sub .04 level. With a drop of about 20% for last support and about 50% for the next support in worse case scenerio. To break bullish a break above the down trend at about 0.065 level would confirm it, but it would meet heavy daily resistance in the cloud, and could instead provide a better short entry.
by CrimsonBull