WITH A DASH OF NITRODASH - Did you forget about dash?
Many believe that older altcoins have had their day, and there's nothing left in them, nothing could be further from the truth.
If you prefer to buy and hold consider dash after your own research and risk analysis. I'll keep short and simple.
Here is a daily chart giving us an inverted Cup & Handle pattern.
Long term potential x10
HODL ON
Dashbtclong
Eyes on DASHDASHBTC could be coming to the end of a long precipitous fall, from which it has historically rebounded explosively, often more than 100% in only a couple days. Long term 3D MACD getting close to turning positive while RSI dipping into oversold territory. Shorter term 12H MACD and RSI showing bullish divergence.
DASHUSDT is also looking overdue for a correction upwards and could fuel a rally in the BTC pair:
DASH is increasingly looking like an indicator of the crypto markets overall. I feel a breakdown of support here would be very ominous. A healthy bounce would signal returning confidence.
DASHBTC great fundamentals - great opportunitiesThe wedge seems like Bull's flag, however according to a deeper analysis it is 5 Elliott Impulse waves. MACD and HMA in a buy state, volume increasing. Moreover, fundamental analysis of this coin is also great: Abra has announced that it supports DASH now, NegocieCoins introduces Dash to Brazilian markets, Bitit offers many options for buying the crypto currency. We recommend this coin for a long term.
DASH - Bullish and Bearish ScenariosThis is a continuation of the market analysis I just did about Bitcoin:
DASHUSDT is right now at an important decision point. If it does manage to break up and bulls win, i expect price to reach 805 USDT as TP1 and 1060 at TP2. If it doesn’t manage to go up, it could go down to 350 and then to 305 for next target. There is a small pennant that looks like a reversal triangle so this could be dumping in the short term and dumping even harder later this month. Nevertheless, if the smaller triangle pennant manages to break up, I expect the written TPs to be reached in the next six weeks or so.
Whatever happens with Bitcoin will influence the rest of the market for sure, so keep an eye on my current BTC chart.
Dash/BTC Channel breakoutWe´re breaking out of the downward channel we had, we´re finally moving upwards, hooray! This looks like the end of the correction, which, as expected, is happening at the same time as BTC.
There´s a bullish divergence on the MACD and RSI, giving us another bullish signal.
We're placing our target at 0.11775
Daily chart
DASH/BTC buy opportunity DASH/BTC has bounced off 2H 100 SMA to edge higher, intraday bias bullish.
The pair has shown a break out at major trendline resistance at 0.0784.
2H charts shows support for upside, ADX which is above 25 and rising with +ve DMI dominance.
We evidence bullish divergence on RSI which adds to bullish bias.
Immediate resistance is seen at 0.08207 (50% Fib retrace of 0.9200 to 0.0721 fall).
Break above eyes 0.0844 (61.8% Fib) ahead of 0.0875 (July 6th high).
On the downside, 2H 100 SMA is strong support at 0.0746, weakness only on break below.
Support levels - 0.0767 (5-DMA), 0.0746 (2H 100 SMA), 0.0726 (20-DMA), 0.0663 (200-DMA)
Resistance levels - 0.08207 (50% Fib retrace of 0.9200 to 0.0721 fall), 0.0844 (61.8% Fib), 0.0875 (July 6 high)
Good to go long on dips around 0.08, SL: 0.0720, TP: 0.0845/ 0.0875/ 0.0920.
DASH BTCDash has made a big name for itself however like all other markets compared to BTC value is in a bearish trend. DASH has shifted from a horizontal support structure at my TARGET 1 level to a downward channel support structure. RSI coming into oversold location.
To enter the trade once can look at the RSI to dip below 30% and enter once the cross back over 30% occurs and most importantly that we see a clear bounce off the support line!!!
Dash Btc Continued to the moonMy Analysis Dash Long
Take Profit ;0.11000000
Maybe December or january Nice strategy to Long Term
this is just my Idea and Decision its your
Good Luck
If my analysis can help you to get some profit
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DASH / USDT small correction afterwards further upward trend?As we see, the price is currently moving in a channel that goes upwards. If the RSI touches the trend line and the bars touch the orange trend will show whether the price will continue to rise. The course can thus go up to 500. The target was calculated with several Fibos.
Buy DASH BTC (Long term or Leveraged Entry)Alright guys. Been working and backtesting this. There's so much money to be made, and the opportunity to flip accounts quickly and safely are at an all time high, thanks to the de-centralized and mostly unmanipulated marketplace, making the market (charts) very transparent for the experienced technical trader.
So with any trade there's a couple simple principles EVERYONE looks at when determining a trade.
Market Structure
Retracements from a recent obvious high or low
Bulls vs Bears
Bulls vs Bears explained: The more and more I look through charts, in this case the very bullish crypto charts, there is a give in take. When a sign that the sellers want to come in and take their profits, the major bullish players throughout the world will take notice and allow the bears to take their profits. It's the only way to maintain a healthy give and take market. Especially in a healthy bullish market, which is definitely where we are at right now.
PLEASE NOTEAlso, there is one final confirmation before price heads back towards the previous high. Once EVERYTHING has been accounted for when looking for a buy (Price hit it's natural retrace point. Bearish market structure is broken. Buyers show up. And when the sellers DON'T show up) This confirmation is a bullish engulfing candle reversal on top of the 10 ema. This is a powerful long term play that works really quite well on the Weekly and Daily and even 4h timeframes. And, you can choose to have a tight stop loss... a little more risky, but the returns are much greater, even in the long run. One more thing on this signal, it must be OBVIOUS that price wants to chill and stay closed above the 10 ema.
DASH BTC 6-29-17
Now that I have kinda emptied my head, let's get into what I see here in DASH :)
(I apologize for the tight screenshot of the Daily. Gotta make that money to get a sweet setup.)
On the DAILY:
First, please refer to your own naked daily chart of DASH. This is all a learning process guys, and we need to work together to dominate this game.
We had a very obvious rise, and a very obvious retracement, which is where price is at now. During the retracement, price quickly came to a point that the buyers would not let the bears pass. Enough time has now passed for the bears to notice, and to take profit ASAP. Now we had just made a little new high (shown on my screenshot). So this is where I would look to take a long term entry.
But I like to be specific. Let's wait for confirmation on the retracement and we can get a perhaps perfect entry, and have a tighter, more specific stop loss.
On this little retracement, it made a W towards the ultimate bullish trend. And, it happened to be divergent. (Rsi, tdi) Divergent and OBVIOUS M's and W's on retracements towards the peak formation are probably the strongest tells of a trade.
There's also another way of looking at this, and I want some of you to look for it too.
On this little retracement shown on the Daily screenshot, it made two perfect bullish candle formations touching and closing consistently above the 10ema that look FUCKING PRETTY. This is the maybe number one sign that the bears are mostly out of the game and the bulls can take their trades.
Boom. Take the trade. Long term.
And for risk takers, like me, here is a possible way to start making more money or btc or whatever.
Once you have all the confirmations on the Weekly or Daily, take a 4h entry as well, with a 4h SL, and look to take a 1:2 or 1:3 profit based on your risk/Stop loss.
Here on the right, After it made it's W towards the upside on first rise that broke market structure on the daily, we need a new high made on the 4h, and an obvious candle reversal against the 10 EMA
This is an opportunity to take a 4h entry on a Daily trade. You can have your SL a below the most recent red candle on the screenshot. Upto you. Actually, putting it at or below the 50EMA looks to be a good option.
Take profit 2x or 3x your risk. This is at least a 75%+ trade.