DASHUSD - Slightly revised long-term channelSlightly revised long-term channel; still a great BUY in my opinion.
Checkout my latest BTC idea below.
Dashusd
DASHUSD Market Structure Analysisif you have your market view, please share it in comments
Also you can ask me questions...
Have a great day everyone!
DASH - Seems to be a very good buy opportunity right nowDASH It hasn't woken up yet. I'm buying some soon.
DASH LISTED ONTO COINBASE - CAN IT RECOVER?With Dash going onto Coinbase, as one of the older more established coins we are expecting this one to get more interest than some of the newer coins that will be listed.
Could be a much-needed boost for the cryptocurrency.
A trading opportunity to buy in DASHUSDTechnical analysis:
. Dash/Dollar 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 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (104.00 to 84.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (104.00)
Ending of entry zone (84.00)
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= @ 139.000
TP2= @ 175.000
TP3= @ 210.000
TP4= @ 280.000
TP5= @ 410.000
TP6= @ 530.000
TP7= @ 640.000
TP8= @ 806.000
TP9= @ 982.000
TP10= Free
A trading opportunity to buy in DASHUSDTechnical analysis:
. Dash/Dollar 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 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (104.00 to 84.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (104.00)
Ending of entry zone (84.00)
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= @ 139.000
TP2= @ 175.000
TP3= @ 210.000
TP4= @ 280.000
TP5= @ 410.000
TP6= @ 530.000
TP7= @ 640.000
TP8= @ 806.000
TP9= @ 982.000
TP10= Free
#1 algo scoring Dash on Coincheckup is a steal near it's apexAt $111 usd with an ATH of $1,642 and < 9mil CS entering altcoin season, could ya really go wrong?
DASH/USD pivotal at 200-DMA support, breach will open up downsidDASH/USD is extending weakness for the 2nd straight week, bias strongly bearish.
Price action has approached strong support at 200-DMA, breach below will open up further downside for the pair.
Price action has slipped below 20W SMA and volatility is on the rise. MACD and ADX support further weakness.
That said, oscillators have approached oversold levels and price action is outside lower Bollinger band.
We could see some minor pullbacks in the pair. 5-DMA is immediate resistance at 129.20. Break above could see gains till 110-EMA at 139.50.
Breach below 200-DMA will see resumption of weakness.
Long DSH/USDAltcoins/BTC are crazy oversold. Bitcoin dominance is way too high considering all aspects.
Bitcoin finally looks like correcting and consolidating for a while - which would be perfectly healthy.
Altcoins/USD looks like ready for solid move.
This looks like the time to revive altcoin market. Most weak hands already sold on the way to the bottom.
Cheers!
DASH paints a bullish structureDespite the recent correction DASH is still holding strong above it's trendline (any large timeframe closes under would invalidate idea). Opening longs in this area, TP's shown on chart, setting SL under trendline.
Dash is trading on major upward sloping trendline.Since Feb 6th 2019 this trendline has held, will this time be different?
Time will tell per usual.
DASH - Wave I (Sub-Wave of the Fifth and Final Wave)Sub-Wave IV ( Symmetrical Triangle ) almost complete.
DASH should reach around $240-250 at the Peak of Wave I
Wave I is the first sub-wave of the Fifth and Final Wave that will see the price of DASH go between $1,400 - $2,500
DASH/BTC approaching the famous 0.01 level. Will it hold?Good Reward/Risk long entry at 0.01
Not looking to buy before we get there.
Dash has a very high chance of increasingD1: Supported by increased EMA50 and trendline
D1 day candle also confirmed the price increase with a big body candle
RSI in region 43
Why is this area worth noting?
Keep in mind that Each time RSI is at 43, Dash often creates a bottom and increases strongly
=> Possibility of extremely high prices with DASH.
Hopefully this analysis helps you to choose the right time to buy and optimize the trading orders.
Have a nice day :)
DASH - WAVE V - A HypothesisDASH is currently in its Wave V.
With a Target between $1,400 and $5,000
Here is a Hypothesis of how this Fifth Wave could unfold.
DASH Trading Opportunity..As we see the Dash is trading in a great range and now we have opportunity to get around 10-15% gain with a great risk to reward .
