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Dashusd

Dash integration with Uphold might not safe it from freefallDash is a privacy-based coin, which is one of the top 15 cryptocurrencies based on the market capitalization. Last week - on October 23, 2018 - during Money 20/20 conference held in Las Vegas, Dash (Digital Cash) has announced the integration into the Uphold. Press-release: www.dashforcenews.com Uphold is a leading digital money platform that is providing financial services. Members of the platform can perform instant transactions between each other completely free of charge. Now, after Dash integration, Uphold users can buy and sell Dash with a credit card or a bank transfer, directly through the Dash wallet wallet. This shows that Dash aims to increase the usability and popularity of the coin, by making it more accessible for an average person. Some could make a conclusion, that more users equals higher price. This could be true in most case, however there are some points worth looking at. Dash is a privacy-based coin, and governments don’t particularly support “hidden transaction”. Private transactions mean that payments can be maid for goods and services, while Government will have absolutely no record of them and therefore no taxes will be collected. At this stage of the cryptocurrency adoption, it seems that legalization and government support is extremely beneficial for any coin. To the contrary, isn’t cryptocurrency meant to be private in the first place? On the other hand, there always will be those, that wish to stay in the dark, however, this don’t seem to be at the same scale as if government would support it. Certainly there is a use-case, but the question remains; how big? Getting to the price action, after the Uphold integration announcement, Dash has gained 5.7% the same day. Price went up from $154 to $163 were it bounced off the 23.6% Fibonacci retracement level, along the mid trend line of the descending channel. Market reaction to the news wasn’t very positive to say the least. After the bounce price went down and rejected the 78.6% Fibonacci support. The rejection was very clean, disregarding the fact that afterwards there was spike below that level - $150. This is also a round physiological price, that together with Fib level makes it a very strong support level. DASH/USD bounced off resistance as well as support, indicating on the range trading, in other words consolidation and/or accumulation phase. It might be a short or mid-term consolidation, but market will be expecting a breakout in anyway. Currently, short-term downtrend has high probability of continuation as Dash remains below the 200 moving average and rejected the midline of the channel along with Fib resistance. If it breaks and closes below the recent low at $147, next support at $140 is likely to be tested. Break below the $140 level, might push buyers to liquidate their coins, resulting in a stronger drop in price. Then price can be expected to test a $100 support, which seems to be the key level in the long run. Now lets consider the scenario where uptrend will dominate. First of all, Dash must break above the $163 resistance level, which might be the first signal of bullish momentum. Next upside target is located at $$188, that is 61.8% Fibs, where highest trade volume has been recorded recently. Overall, there is no clear short term trend and price can be expected to consolidate. Waiting for price breakout and looking for extra confirmations could be the way to go with Dash.
POLONIEX:DASHUSD
by CryptalDash
2
Dash - Stochastic has turned downwardsDash is trying to overcome the 155 resistance, however does not seem to be succeeding, at least for the moment. Stochastic has turned downwards, triggering additional downwards pressure from indicator traders, so 150 support level could be tested again. If a break below this main support occurs, we could see a fast move till 128. On the other hand, despite the downwards indicators, in case of a break above 155-160 resistance area, we are going to follow a bullish scenario targeting 165 and 176 respectively.
KRAKEN:DASHUSD
by Gobabacom
1
DASHUSD: 1D Channel Down intact. Support test imminent. Short.DASH is still trading within a 1D Channel Down (RSI = 40.288, MACD = -7.520, B/BP = -5.7319) that has just priced its technical Lower High (Highs/Lows = 0.0000). The next Lower Low is concurs with the 1D support at 126.5510, which is our first TP. The long term bearish trend provided by the 1W Channel Down (Highs/Lows = -7.9541, RSI = 37.589) should then apply enough selling pressure to achieve our second TP = 100.21.
POLONIEX:DASHUSDShort
by InvestingScope
DASH : RSI convergence - divergence in playHello, Analyzing the cryptomarkets brought me the image that appears now on Your screen. Technically there are few conditions filled that open an opportunity to look forward for next market cycle. 1. First of all - DASH broke out from falling wedge (white line). This is a big formation that lasted since the current Year began. Keep in mind that this broken resistance might be in need of retest. 2. Recently We experienced huge decline that occured on 10 October. This poured some panic and started terryfying retailers. This statement is due to relatively small dip where We could recognize trend narrowing. This kind of movement is tempting for buyers to do anything for progression. Finally, such situation could be used to create double bottom pattern as correction of breakout. 3. RSI started to rise despite of lower low forming. This means that We could experience a higher low painted on huge picture. Enter now or wait for confirmation around 159 $USD level. SL below 153 $USD Target: 180$ and looking to accumulate. Once the idea plays out, this could have impact on my view on BTC. When charts are narrowing Your attention should be atleast doubled. If You enjoy my piece of work click like!
BITFINEX:DSHUSDLong
by pinfkloyd
Dash is worth a watch - Loooow RSI, Stoch and MacdI think Dash is worth watching closely, the RSI is in oversold territory, stochastics are low and the macd looks like it may be finding a bottom soon. As you can see the RSI getting into the oversold area is no guarantee it will move up, its lingered down there for months in the past but its still worth setting some alerts to keep an eye on. Last burst in price from this area seen a 50ish% move up. I haven't opened any positions yet but watching closely. Short term Be careful buying it because BTC is moving up. It doesn't always follow BTC's lead right away so if you're looking for quick gains, you could be playing with fire. Long term I think its a good buy, solid fundamentals but do your own DD.
by GhostRyeder
DASH is Going to $415. DASHUSD +170%Hello Traders! I am here to provide some much-welcomed GOOD NEWS! DASHUSD: Target = $415 We could see a little bit more of a pullback, but the retrace target is clear to me. Mind you, this idea could be invalidated if Bitcoin breaks below $6200. However, I do not believe Bitcoin will do that. If you have ever followed my analysis in the past, I am an avid user of Fibonacci Analysis, and at identifying fractal patterns. Patterns repeat, OFTEN. And right now, in the alt coin market cap, we have a fantastic opportunity in front of us! We have a fractal pattern that I have identified numerous times in the past, and it’s time for some much needed bull movement, after nearly 5 months of downward pressure. If you view my previous analysis on Bitcoin here, and press the “Play” button on the chart, you will notice a pattern I was able to easily identify and project the retrace target: We have this exact same setup in the alt coin market cap at this time. IT IS IDENTICAL. For our next move up, the target for the alt coin market cap is $216-$234 Billion. With our current market cap sitting at about 100 billion right now, that leaves some room for some serious up moves for our favorite alts. What happens after that retrace target to 230 billion has been reached is still up for debate. However, this fractal takes us to AT LEAST that target of $216-$234 Billion. We also have a nice pitchfork lined up here on Bitcoin indicating that this COULD be the bottom. It has held the 2013 trend and has now bottomed the pitchfork. If Bitcoin breaks below $6200, this idea is likely invalidated. So, keep a close eye on Bitcoin! As we head towards our target, there may be a lot of up and down noise on the chart. There will also be a lot of noise here on TradingView with ideas calling for gloom and doom, and charts calling for the absolute moon. We are not concerned with any of that. We are interested in reaching our target and getting out! We will wait for the next setup after that and determine our next move. But for now, we have a plan! As always, this is just my analysis. Any decisions you make based on my analysis and opinions are still your own decisions, and your own responsibility. So, if you decide to trade based on this analysis, just know, you are your own financial advisor and decision maker. We have no fear! We have no greed! We have a plan and we will execute it! Good luck to you all! May you have a wonderful day! Please like, comment, and follow!
BITTREX:DASHUSD
by SecludedJ
DASHUSD: Testing the first support. Still bearish.DASH has been trading lower after it broke the 1D Triangle (RSI = 42.214, MACD = -1.620, Highs/Lows = -2.9646, B/BP = -8.4359). The Lower High on the 1W Channel Down (MACD = -79.120) has already been made last week and as a Channel Down on 1D is emerging, the first support at 175.000 is being put to a test. This is expected to break fairly easily as 166.683 is the more vital that is the last barrier before a quick 126.550 test. Thus, we remain short on DASHUSD with TP = 126.5509 (100.21 extension under conditions).
POLONIEX:DASHUSDShort
by InvestingScope
DASH (DASH/USD) Is Under The Major TrendlinesThe market has shown some up and down movements and so as DASH'. Last week, DASH was technically a pretty good but it didn't catch that big momentum and currently, it is in a bearish area. It is below both major trendline, below the short-term down-trendline which is bulled from 20.07.2018 and below the major counter trendline which will indicate that the upwards momentum is over and we could see a pullback if the market doesn't make any fast recoveries. Also, DASH' trades below the EMA's which also is not a good sign. However, alongside these bad signs, we also have a good sign. The current short-term bounce comes from the Fibonacci 62 percent retracement level which still printed a higher low (HL) into the chart. So, if we stay above this orange area then all is under control but if we can't hold the price above that mentioned level we might see a bigger correction downwards. To be bullish we have to break above again those trendlines or at least above that trendline which is pulled from 20.07. 'The road' upwards is pretty hard but if the market starts a bull run then all the altcoins start a bull run but if the market stays stable then DASH is on the trouble and definitely, it needs a big volume to break above those trendlines and EMA's Hopefully, those levels and this analysis helped You out a little bit to confirm your own analysis! If You want to get deeper analysis and crypto-news then please visit our site, the link is on the profile! Please, don't forget to hit the LIKE button to support us! Best regards!
BITTREX:DASHUSD
by UToday
DASH Short termWith the bullish market sentiments, there is still more ups to go for DASH. The diagram is self explanatory where yellow and green are support lines and red being the resistance lines. Important notes: -RSI comes more important when its a bullish movement. Note the RSI chart and points of entrance and selloffs. -222 will be the main resistance Note: It is in the plan for DASH release of EVOLUTION sometime before the end of the year. This will push DASH prices up and make it very popular as no other crypto will have this type of wallet. Yes, I'm a DASH advocate.
by ssari
1
DASH (DASH/USD) - Bullish Breakouts!!DASH has made a breakout from two triangles. First bullish four-hour candle takes down that smaller triangle and the second candle takes down the bigger triangle (blue lines). We have talked before, that how strong it looks like and etc. Currently, as we said, it has two bullish signs but let's count all bullish signs together, we have: 1. Upwards breakouts from the triangles 2. A break above the round number $200 3. Break above the June and July low (currently no close above) 4. The golden cross between 100 and 200 EMA So, those criteria will guide us to the higher levels and the target areas could be around: * $225 - the August high level which starts to work as a resistance * Currently, the main target would be around $250 - semi-round number, the triangle pattern possible target, Fibonacci extensions! Technically, DASH is very bullish, many bullish price action criteria matching each other and it is ready to climb into the main target area! Hopefully, those levels and this analysis helped You out a little bit to confirm Your own analysis! Please, don't forget to hit the LIKE button to support us! Best regards!
BITTREX:DASHUSD
by UToday
1