Dashcoin
DASH/USD perfect bounce 50ma, let's take 50% profit. Risk: Medium
Dear followers,
Dash perfectly bounced the strong support level. 50ma and 0.5 fibbonacci retracement. We need a close on the daily chart above these support levels to reach our targets. Like I already said in previous ideas. I see these corrections as healthy corrections and the crypto market is still bullish. For me, these are signals that the crypto market is growing up and it only makes the market more predictable.
Target 1: 1250
Target 2: 1425
Target 3: 1550
SL: 920
I put the risk on medium, because MACD is almost giving a bearish signal.
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Questions? Feel free to ask and your feedback is welcome and I wish you all a merry christmas.
DASH - why I'm getting in on DASHDASH has been in this consolidation channel. It's been knocking on the ceiling of 0.09 three to four times and it managed to break into a little bit, although not much volume supported the push. It's currently making up a pennant. The reason why I'm getting in on DASH now is because of the speculation of DASH being added to Coinbase. This is all a rumor and pure speculation, but if you look at the list of coins on any exchange, DASH and Ripple makes the most sense due to their market cap and the "legitimacy" of their coins. I know I know, Ripple is not decentralized and it doesn't meet GDAX's framework-- but decentralization effort for XRP is on its way. I won't be surprised if this coin gets added to Coinbase. Will new people to Crypto space buy DASH? I would like to think so due to its stableness-- it almost makes it seem like it's an easy "get your feet wet" coin.
Another note I want to make is that as we near next year and onto the new year, we all know CB announced that they'll be adding more coins. People will speculate even further and all sorts of rumors are going to be coming in. DASH is on everyone's mind and it will most likely pump the price even if nothing official has been declared. Ride the sentiment, be aware of what people are flocking to!
DASH to $1700BITTREX:DASHUSD With dash hitting the previous 2.618 and respecting the resistance once we get a daily close above it we can look toward the next major target. I believe given enough time that we could hit the following 2.618 of 1700. I am current long this pair with SL below 900 and a TP 1700
Dashcoin ConsolidationDash has finished performing a very bullish move against the USD and its likely time for consolidation. Against BTC you can see dash performed a bullish rebound after exiting the megaphone pattern and returned to the weekly resistance level.
If we breakdown I'm expecting price to consolidate around $465.27, with strong support at $384.10 should we visit that level.
I'll update this post with both short and long ideas.
Cheers and GLWT!
-Erik
Correction Is Necessary For Upper TargetsPlease check out the beginning of the graph, from birth of DASH market. As you can see the inital top's fibbo and our new top's fibbo is matching. Actually DASH's trend is one of the most clear token graphs as it's Bullish run is exactly matching with expected Fibonacci levels.
I'm closing my trade here and looking for a nice correction to Fib 0.618 for a bigger run.
DSH Have Chaneat both sides, DASH have a chance to make good movement almost break up triangle at DASH USTD and touch Demand area at DSH-BTC for usdt not confirm break out yet but at btc play above the support area free to catch it with capital management
DASH/BTC
Entery=0.04638636
Tragets=0.06238681
Sl=0.04117141
Risk=10%
reward=35%
Entry margin=10%
==============
DASH/USDT
buy after breakout $294.50
Tragets=$319/$345/$370
SL=$256
RISK=12%
Reward=25%
Entry margin=10%
we ask Allah reconcile and repay
DASHBTC Rising from the bottomDASHBTC passed very hard time last month its dropped from its high @0.096 on 22 September to the bottom @ 0.044 21 October
(by 42 degrees) trendline, this decline came as a reaction of double top pattern which formed on 26 August
Now targets of the pattern is complete and the rising era finally came - we should watch carefully RSI indicator when reaching overbought zone -
Targets as always are marked by green lines
Thank you
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DASHUSD 4 HOUR TIMEFRAME SYMMETRICAL TRIANGLE BREAKOUT DOWNWARDSDASHUSD 4 HOUR TIMEFRAME. Los Angeles 1:09AM.
Symmetrical Triangle has a breakout to the upside 54% and downside 46%. Breakout occurs 75% of the time into the triangle. It looks like price action fell into the bottom of the triangle and is under the kumo cloud showing bearish signs. Also neckline break and RSI oversold shows weakness in the trend.
DASH 4H Looks VERY PROMISING - Would you BUY?DASH 4H Los Angeles 11:49PM.
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Dash is forming a double bottom and is ready to skyrocket. There is a squeeze within the red candle sticks and it will blast off soon.
Checklist:
BTC has to be stable or rising.
Dash has to stay above the support line.
RSI is at the bottom headed for only one direction - up.
Large amount of bids behind Dash.
CM william indicator is green light.
To me, charting is an experience and experiment. I am trying to be more wrong than right so that I can learn faster. So far its been surprising good. Cheers.
DASH/USD Outlook Hello Traders,
DASH/USD broke again to new highs and we still like the idea of pushing it higher. If the market can pullback to around the 50% Fibonacci we like the buying but the market needs to stay below 320.918 to buy any pullbacks, so if the market stays below 320.918 and goes to around the 50R we like the buy. We keep you updated on it.
Hope that helps.
Cheers and trade safely
DASH 4 HR BULLISH Breakout to new highDash 4 hour time frame. Los Angeles 8:13 pm
1. Price is above the cloud which signals a bullish bias.
2. Price moved below the Tenkan-sen but still stayed above the Kijun-sen.
3. Price had a slight pullback and moved below the Kijun-sen but still stayed above the clouds.
Dash might hit new highs close to $433 if it breaks out of the resistance line. Please don't bet everything on my analysis.
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.