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Dasheuro

DASH still mainly bearish + Key resistance targetsI noticed that DASH recently broke through one of its main resistance trendlines (diagonal one) and retested it kinda but not strongly yet. Also if you can see volume is increasing and it's mostly the upward movements that are made by lots of volume (seen on lower timeframes). Still however the volume is currently in bearish triangle pattern and will need to be pushed through. Keypoints of this analysis There hasn't been this much volume in 1D since 1 of april '19. ATL on Kraken was recently hit. (34EURO) 314EURO is the biggest resistance target to watch out for Volume is still in downtrend There's also alot of longterm resistance between 62-79EURO Weekly timeframe also shows DASH is quit underbought, also the convergence line on the MACD indicator crossed the divergence line with a bit of velocity and shows since first in longtime positive movement. (not on chart) It's too early to say that the bulls are coming back but if they do so, they will have a very hard time breaking through...
by jonathanvn
A long-term trading opportunity to buy in DASH , don't miss it.Technical analysis: . DASH/EURO is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. Trading suggestion: Price is in the support zone (332 to 229), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (332) . Ending of entry zone (229) 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 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= @ 428 TP2= @ 494 TP3= @ 608 TP4= @ 791 TP5= @ 981 TP6= @ 1354 TP7= Free
Long
by ForecastCity
1
A long-term trading opportunity to buy in DASH , don't miss it.Technical analysis: . DASH/EURO is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. Trading suggestion: Price is in the support zone (332 to 229), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. . Beginning of entry zone (332) . Ending of entry zone (229) 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 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= @ 428 TP2= @ 494 TP3= @ 608 TP4= @ 791 TP5= @ 981 TP6= @ 1354 TP7= Free
Long
by ForecastCity