DASH/USD LONG SET UP (HODL)Dash is a cryptocurrency unlike most others. It’s neither a development platform nor it is like first cryptocurrencies with their huge transactions fees, long transaction waiting times, and volatility Dash is oriented on a completely different level.
Developers define Dash as a cryptocurrency analog for electronic cash. They want Dash to be as liquid and as fast as the online fiat money that is mostly used now
Dash is decentralized peer-to-peer electronic cash built on core of Litecoin, enabling such features as PrivateSend and InstantSend. Dash is decentralized in governance and founded via its own network by mining, which makes autonomous and independent from any authority but its own users. The average block mining time is 2.5 minutes on the Dash Blockchain, making Dash significantly faster than Bitcoin.
Dash Launches Latin America’s First Ever Crypto Debit Card
Crypto exchange Tauros will offer the first crypto debit card backed by Dash in Latin America.
Dash has partnered with Mexican cryptocurrency exchange, Tauros.io, to release the first crypto Visa debit card in Latin America. The offer will initially only be available to Tauros’ customers in Mexico.
The card will work at millions of stores in Mexico by converting crypto funds to pesos using the Tauros mobile app. It will also be capable of conducting online transactions. Speaking with Cointelegraph, Ernesto Contreras, Head of Business Development at Dash Core Group, provided more details about the new product, which is the first of its kind in the region:
"The Tauros card is a first in Mexico and the region, and it will also allow for a very easy way in and out of the Tauros ecosystem, which is very important as it adds massive usability to Dash users in the country. The fact that we are giving the opportunity for people to earn DashBack rewards with their card will also give a boost to the crypto ecosystem in Mexico as now anyone can use their pesos, and Hodl Dash."
COVID-19 drove the debit card’s launch forward
He added that the recent need for contactless payments helped to accelerate the product offering. He emphasized the necessity of social distancing, noting that this will be the “new normal after this pandemic.”
Salador Melendez, CEO of Tauros Exchange, believes that the crypto ecosystem in Mexico is interested in a way to spend crypto directly. He stated that “this new world is about freedom.”
The Dash Core Group recently announced plans to release another update near the end of August.
Title : DASH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order Or Market First Entry
Time Frame : WEEKLY
Entry Price 1 : $81.80✅
Entry Price 2 : $76.40
Stop Loss : $71.80 ( 100PIPs)
TP 1: $101.80 (100 PIPS)
TP2: $111.80 (200 PIPS)
Tp.3: $121.80 (300PIPS)
Tp.4 $131,80 (400 PIPS)
RISK MANAGEMENT
STATUS: 🏃🏽♂️ACTIVE (ENTRY 1)
Dashusd
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DASHUSD 16H: XABCD BULLS 20%/30% gains (SL/TP)(NEW SETUP) Why get subbed to to me on Tradingview?
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DASHUSD 16H: XABCD BULLS 20%/30% gains (SL/TP)(NEW SETUP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: DASHUSD chart review/outlook
::: speculative XABCD BULLS
::: overall strong chart looks good
::: point D/PRZ near 78/79
::: great reload BULLS
::: 20%/30% gains possible
::: SWING trade setup / patience required
::: recommended strategy: BUY LOW near D/PRZ
::: near 78/79 USD best RELOAD BULLS
::: TP1 +20% gains TP2 +30% gains
::: BUY/HOLD setup / no fast gains here
::: just buy low and get paid, period
::: good luck traders
::: details: see chart
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment outlook short-term: PULLBACK/DIPS/PRZ
Following Dash coin nicelyFollowing the Dash coin nicely. Looks ready to break, along with most alt coins and bitcoin itself.
DASH/USD LONG SET UP (HODL)Title : DASH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order Or Market First Entry
Time Frame : WEEKLY
Entry Price 1 : $88.50
Entry Price 2 : $86.50
Stop Loss : $83.50 (50 PIPs)
TP 1: $93.50 (50 PIPs)
TP 2: $98.50 (100 PIPS)
TP3: $103.50 (150 PIPS)
Tp.4 $108.50 (200PIPS)
Tp.5 $113.50 (250 PIPS)
RISK MANAGEMENT
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