Dash looks ready to short.Hello crypto traders
It seems that Dash is ready for a quick short. As you can see, I can count a perfect ABC that retraced 38.2% from the plunge from yesterday. Which basically means that we have to go lower again. In this case, it could be quite severe though. I'm looking for a 10% decline!
I will place my stop at the 161.8% level ($88.4)
Stop: 88.4
Target: <79
Dashusd
DASH Longterm BUY
DASHBTC is situated into a huge falling wedge since 13 november 2017 untill today. At this market stage we need to be patience,so i get some Dash for long term.I don t know when will broke this downtrend BUT it will broke out because a falling wedge is a reversal pattern(from bearish to bullish)
RSI is below 40 on the weekly timeframe which means dash is currently into a bear market from 11 june 2018 untill now.Above 40 RSI weekly timeframe DASH will turn into BULLISH MODE
We have a weekly bullcross at stochastic but with this volume i didn t expect any breakout
Macd is below neutral (0) zone
If you are buy here Dash and you have patience,you can make more then 200% from here. In my opinion the BOTTOM of DASH is NEAR at 0.0150. It s a long term investment!
Dash – Digital Cash With An Emphasis On PrivacyDash was originally launched in early 2014 as a fork of Bitcoin, under the name of Xcoin, and renamed Darkcoin soon after. In its early days, it was allegedly used in darknet markets, mainly due to its focus on privacy, but it has since seen the light. The coin is now on the rise in terms of popularity and one we need to keep an eye on.
In March 2015 the altcoin was renamed Dash and as of August 2016, it is no longer used in any notable darknet market (that we can tell, it's the darknet after all). Dash’s prime goal is to allow instant, private payments online or in-store using their secure open-source platform. To achieve this, its developers instituted a system of Masternodes (proof of stake mining that you can invest in) to simplify and expedite the validation process of transactions.
Dash introduced a self-funding model, which allows for continued development without being dependant on outside influx of capital: the block rewards are split between Masternodes (45% share), Miners AKA lightweight nodes (45%) and Treasury (10%); the latter is used to fund projects and future developments of the network.
DASH/USD Technical Outlook - The Big Picture
Having reached a high of almost 1,500 against the US Dollar in late December 2017, DASH is currently trading at a mere $72 and has been in a clear downtrend for the entirety of 2018. Its weekly chart looks like the textbook entry for a bearish trend, with lower lows and lower highs printed with each new wave.
Currently the pair is testing the support at 55 – 56, which is a level last touched in early 2017, just before the bull run started. If this support is shattered, we can expect to see extremely low prices, similar to 2016 levels (15 – 20 USD per 1 DASH). It must be noted, however, that the downtrend is starting to fade: the candles are smaller, the dips are not as strong and momentum is fading.
The Daily chart tells the same story as the Weekly, depicting a textbook downtrend but one that is starting to slow down. We have two additional resistance levels on this chart (105 and 175) and both of them will probably hinder any prolonged upside movement if that should develop.
In our view, the only chance of bullish movement will come from the exhaustion of the downtrend because so far nothing points towards a trend reversal; sooner or later price is just going to get so low people can't help but buy it.
As long as the pair is trading below 105, the outlook is bearish, with the possibility of small bumps in price in the form of retracements. A move above 100 – 105 and the Exponential Moving Average will probably make way for additional buying but even if that happens, as long as we don’t see a significantly higher high and higher low, we cannot talk about any type of long term trend reversal.
Daily Chart Support: 55 - 60
Weekly Chart Support: 55 - 60
Daily Chart Resistance: 100 days EMA, horizontal levels: 100, 175, 200, 225
Weekly Chart Resistance: 100 weeks EMA, horizontal levels at 225 and 572
Most likely scenario: continuation of the downtrend, possible low volatility and/or minor upswings due to downtrend exhaustion
Alternate scenario: break above 105, move into 175 during the weeks/months to come
Same as verCoin aka Zec, same chart, same setup.Same pseudonymousism.
Long.
Not coz they deserve it, thee #1 marketing coin out there, (A smart man told me 1ce, that if u need 2 market ur coin, yeah, not awesome. )just coz it is unfrtntly in todays markets still a 100 fedShitCoin.
100.
It is what it is.
Price projection for Dash based on 2015 price actionIt is new year and i have nothing better to do while waiting to leave for the party heh.
Not going to go into much detail, but i am just looking at macro level and then comparing 2015 to 2018
Pay attention to FIB numbers for possible good entries or price interests.
The juncture of fractal events in early January is there, so that is good.
Happy New Year !! Welcome to 2019 or the age of 4.. not great, but inserting.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
DASH: Breakout Coming For BUY !!Buy after Successfully Breakout, if Breakout Fail then don't trade in DASH Coin.
Falling Wedge are Making which is trend reversal pattern.
if Breakout Successfully then we can see Price Move upto 80% Target which wedge Height.
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
DASH/USDDASH/USD bounced over the past three sessions, a promising change from the bearish sentiment seen before.
Through November Dash dropped over 65%.
The price however, managed to find a bottom most recently just below $60, within the $57 territory. (the lowest level seen since April 2017)
Given the recent stabilization, it gives the DASH/USD bulls something to capitalize on.
A daily hammer candlestick formed after hitting the $58 territory demonstrated a strong sign of a potential reversal to come. (And we witnessed an upward movement today).
Upside targets:
$81-$89 (supported the price from 25 November -4 December)
Before the 65% drop, the price was comfortably trading around the $150 territory. Should the bulls maintain current course of momentum seen and breach the $81-$89 zone. Then it wouldn’t be too surprising seeing a quick move back pre-November fall levels.
Not a trading advice. Never invest (trade with) money you can't afford to comfortably lose.
Dash Automatic InstaSend – A Major Game Changer?Dash is set to perform a major update to their InstaSend feature to make all transactions instant, secure and permanent. This could be a major step towards using cryptocurrency as a viable day to day payment method.
Currently, InstaSend comes as an optional feature that has be manually activated by the user and that incurs an additional transaction fee. With the addition of the new Automatic InstaSend, all “simple” transactions (about 90% of all transactions) will benefit from the instant settlement, which will make paying with Dash as fast as “traditional” methods. Also, InstaSend will not incur an additional fee.
Despite the positive news, Dash has been sliding lower and losing almost 20% against the US Dollar during the last 7 days and close to 5% for the last 24 hours. Currently, it is trading just above $78 and has broken the previous low.
The technical picture looks very much bearish for Dash and all we can expect right now is a bullish retracement because the downtrend is overextended. A reversal is unfortunately not in sight, at least not based on technical reasons.
The previous support at 86 has turned into resistance and the pair has reached a low at 74, which is now turned to support. As seen from the above 4H chart, the price has printed a rejection candle (long lower wick) right on said support level but it seems to lack strength (small candle body, multiple Doji candles just before it). If we are going to see a correction higher, the first target is 86 and the bearish trend line seen on the chart.
Support zone: 74
Resistance zone: 86 and the bearish trend line
Most likely scenario: bullish correction into resistance (no break expected for the short term)
Alternate scenario: break of 74 support and drop into 70 which is the next BRN (big round number)
AAAAnd The Rockets Red Glare! Who Needs Govt We Have Dash! Rockets red glare! Who needs govt we have Dash!
Dash has touched long term support. It should be all uphill from here. First stop 50 day moving average. 2nd stop 200 day moving average... Then new ATH sometime between tomorrow and end of 2019.
If we break lower... Then... The bomb bursting in air will have to suffice.
Godmode shows massive oversold conditions on the daily, so much so i feel its manipulated. No need for conspiracies... Buy a $93-$100 dash. Next All time hi
Can Dash break resistance?Dash has rallied into and reversed off resistance priced in both USD and BTC. This comes after a few months of underperformance against the entire crypto market. If it breaks resistance it would be significant, but the chances may be slim.
If Bitcoin trades higher, capital may flow from Dash to BTC, while more downside for Bitcoin will probably hit all coins.
Worth watching though.
DASHUSD: Two Targets hit. Preparing for the bottom.TP = 126.55095 & 100.21 in extension have been hit as the 1W Channel Down (RSI = 32.823, MACD = -79.360, Highs/Lows = -47.2926, B/BP = -89.0185) eventually broke Augusts 127.00 bottom and is now making an attempt for 69.914 (the monthly SMA100 is 70.58). We believe that the demand zone is located between 20.000 - 70.000. We are near the end of our multi-month shorting strategy that we started in January and we will look in the next 1 - 2 months for buy entries in order to start accumulating DASH.
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DASH/USD On a hard leash of BTCHello guys.sharing my observations
DASH, seems best time to buy around this level.
Buy 1 dash for your child or mother, and hold for next 3-4 years.
Its very long hold. if he doesn't die - you can pay for your child’s college or buy a new house for your mother)
ITS NOT financial advice!
You would of sold ATH with this indicator on DASHBuy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot -6.68% -7.44% -7.44% appears you buy, if a green dot -6.68% -7.44% -7.44% appears after that green dot -6.68% -7.44% -7.44% you hold your investment.
if a red dot appears you sell your position. easy as that.
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the standard dots setting will be set to 10 - use this for any chart above 3 days
change the dots setting to 6 for 3day charts and below
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shorter time frames will be choppy.
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larger time frames will be smooth.
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*Daytrading smaller timeframes is possible but not recommended.