DASHETH
DASHBTC Appears to be retesting the neckline of an inverse H&SDash has been one of my favorite projects for a while. Right now it appears to be in a multi month long rising wedge that I suspect will break to the upside. But first it has to get off the wedge support and it appears to be doing such with an inverse head and shoulders centered at the 0.0050 level.
The support of the wedge is in part defined by the head and right shoulder. I expect that once this retest is done we will see a quick move to the 1.618 fib level of the hight of the head, but from there the main thing to observe will be the splitter on the wedge. For price action to behave more bullishly it will have to stay in the upper half of the wedge.
On the 4 hour chart it seems our situation in the purple circles resembles the black circles.
I entered my position on DASHUSD when DASHBTC was on the upward slope of the right shoulder and have a stop loss below the valley of the right shoulder. I want to let this ride a bit more before I move my stop to break even or slight profit. From my entry I hope to be patent and wait for it to pop out of the wedge.
If I see DASHBTC start to make a bull trap like it did against the purple line below that will be a sign for me to close my dashusd trade. Right now things are going smoothly with the initial ascent shown by the blue trendline. As of right now there isn't even the price action to draw a new purple line for that phase of the uptrend.
As you can see, DASHUSD also appears to be in a inverse head and shoulders and price action appears to be testing the neckline on that as well.
A zoom in:
I hope to take some profit of my margin trades at major fib levels and use some surplus on dip buying. A zoom out of dashusd
And just for giggles, here is DASHETH with what appears to be a falling wedge on a flag pole. Lots of volatility all over the place.
Eyes on Dash | 1200% potential | Long | DashEthEyes on Dash Eth - the sleeping giant no-one talks about.
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Weekly
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Market Cap Eth 1,185,373
24 Hour Trading Vol Eth 571,779
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Green = Resistance
Red = Support
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All-Time High in #Eth was Eth 5.611519
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PA was sent down from 20 ema.
The right time to accumulate.
Landing on Moon in October.
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Safe play
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My Tp starts at 2x.
Sell 1/2 at 2x to protect your investment.
Leave rest for the moon bag.
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Stay safe!
We are all going to make it!
DASH/BTC (Back @ Key Area)DASH/BTC
-Dash started making a move after breaking the local resistance
-The local resistance was previous support flipped into resistance
-This is a strong confluence of previous trading action
-If DASH can hold the 8000 sat range in the next few days
-There is a chance to break the midterm trendline resistance
-A trendline breakout confirmation will lead to more upside scenario
DashStock Symbol: DASHBTC
Getting early confirmation from the daily. Almost their for the crossover. Previously I showed the weekly compression. We can use the daily to pinpoint the buy for the break to the upside. Another coin with privacy features and a good size microcap.
Diversify and use 5% stoploss
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Thank you for your continued support, God bless you though these times.
- Major League Trader
DashCryptocurrency Symbol: DASHBTC
I like this current setup based off of how fast the last jump ran with good volume.
Now we are seeing a potential bull flag with tight compression at current price.
You're going to want to keep an eye out for volume to push up and break to the upside.
See if it can clear last high of the last jump. Overall I wouldn't mind adding to this position.
Diversify and use 5% stoploss
----------------------------------------------------
We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal.
Use Promo Code: FIRST100 to receive $50 off of your course!
First come, first serve / Code valid for first 100 buyers. Normal price $99
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Thank you for your continued support, God bless you though these times.
- Major League Trader
A trading opportunity to buy in DASHETHTechnical analysis:
. Dash/Ethereum is in a downtrend 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 41.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.507 to 0.478). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.507)
Ending of entry zone (0.478)
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= @ 0.559
TP2= @ 0.607
TP3= @ 0.664
TP4= @ 0.703
TP5= @ 0.797
TP6= @ 0.874
TP7= @ 1.000
TP8= @ 1.205
TP9= Free
A trading opportunity to buy in DASHETHTechnical analysis:
. Dash/Ethereum is in a downtrend 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 41.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.507 to 0.478). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.507)
Ending of entry zone (0.478)
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= @ 0.559
TP2= @ 0.607
TP3= @ 0.664
TP4= @ 0.703
TP5= @ 0.797
TP6= @ 0.874
TP7= @ 1.000
TP8= @ 1.205
TP9= Free
There is a trading opportunity to buy in DASHETHTechnical analysis:
. Dash/Ethereum 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 34.
. 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 (0.507 to 0.478). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.507)
Ending of entry zone (0.478)
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= @ 0.559
TP2= @ 0.607
TP3= @ 0.664
TP4= @ 0.703
TP5= @ 0.797
TP6= @ 0.874
TP7= @ 1.000
TP8= @ 1.205
TP9= Free
There is a trading opportunity to buy in DASHETHTechnical analysis:
. Dash/Ethereum 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 34.
. 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 (0.507 to 0.478). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.507)
Ending of entry zone (0.478)
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= @ 0.559
TP2= @ 0.607
TP3= @ 0.664
TP4= @ 0.703
TP5= @ 0.797
TP6= @ 0.874
TP7= @ 1.000
TP8= @ 1.205
TP9= Free
Short DASH/ETH BITTREXIf this area is broken, the market trend will be down.
waiting to buy in zone 2