Dash - Venezuela Inflation Runwww.btcwires.com
Dash announced the launch of a payment application for Venezuela. This is a good project and, unlike BCH, this is speculation, supported not only by greed, but also by the fundamentals, as well as by a friendly community.The news sparked this market and could launch a new rally to previous levels. The first serious resistance is expected by this market between 270 and 300.
DSH
A trading opportunity to buy in DSHBTCTechnical analysis:
. DASHCOIN/BITCOIN 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 40.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.023800 to 0.021000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023800)
Ending of entry zone (0.021000)
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= @ 0.032110
TP2= @ 0.037095
TP3= @ 0.047079
TP4= @ 0.055200
TP5= @ 0.063260
TP6= @ 0.074765
TP7= @ 0.089450
TP8= Free
A trading opportunity to buy in DSHBTCTechnical analysis:
. DASHCOIN/BITCOIN 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 40.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.023800 to 0.021000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.023800)
Ending of entry zone (0.021000)
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= @ 0.032110
TP2= @ 0.037095
TP3= @ 0.047079
TP4= @ 0.055200
TP5= @ 0.063260
TP6= @ 0.074765
TP7= @ 0.089450
TP8= Free
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!
DASHUSD - 4HOver the past few weeks, DASH found strong support around $140, testing it multiple times before breaking above with tons of volume. It is currently contained in a triangle, which it might be ready to breakout of and target the supply area around $200-$210 with the possibility of moving up to as high as $220 where the next supply area lies.
Both the MACD and RSI have crossed above the midline hinting at the possibility that we may see higher prices here before pulling back but all eyes need to be glued on the BTC chart.
Please hit the 'like' button and give us a follow!
Let us know what you think below!
Thank you
Be ready for SHORTCrypto market is waiting for new move - being flat correction is early signal for regular downtrend with a new LOW.
Generally, coins and tokens are moving in channels - most part of them is moving in place. I found DSHUSD for you that done the most huge upward move among others.
When BTCUSD moves down you should use DSHUSD for short - the potential is one of the biggest on market.
DSHBTC investment opportunityWonder what to do with the coin on the lowest level of the price ever? All supports had broke and TA does not allow to determine the further movement? This is an awesome investment opportunity. Personally, I'd bought DSH and will have bought it more in case of price down. My position is to purchase of such assets not more than 1-2% of depo for mid and long term. Good luck!
DSHUSD - The buy opportunity you wanted since last winter.DSHUSD printed a beautiful inverted hammer candle (classic reversal pattern, just like the hanging man signals a trend reversal in an uptrend) just below the structural support dating back to last September. In addition, we have an extended bullish divergence on the daily RSI.
As yesterday closed green, we can open long positions with a SL below the open of the inverted hammer.
If you thought to yourself last December "Dann, I wish I bought DASH when it was low", now is the opportunity.
If you thought to yourself last December "Damn, I wish I bought DASH when it was $400", well, now it's at $220, why would you not start building your inventory?
Altcoins update: EOS, DashAssuming Bitcoin completes the Triangle and breaks out, we have a couple of lucrative setups in alts.
According to NewsBTC, EOS's market valuation has surpassed that of SpaceX, which means this rocket flies higher. Indeed, its recent surge is terrific, and I'm looking for new trading opportunities here. Inverse H&S pattern is developing, so we have a buy zone around 17.50 ( buy the dip strategy ) and the neckline zone @19.40 ( Breakout strategy ). The latter is safer to trade.
I'm also considering going long Dash, as a clear Triangle pattern is nearing completion:
DSH: Forming flag similar to ripple. - Dash forming a flag looking for breakout upwards.
So I'm looking at Ripple's recent candle up, and when I flick to Dash I'm thinking, is this a breakout for Dash too?
The pennant forming since the 17th Dec 2017 BTC decline is slowing coming to a point, and there's a declining wedge forming signalling a bull.
I bought above current price so I'm gunning for it. Far enough from it's ATH to move, and hit the lower support trend line 3 times.
And now for my new disclaimer!
** This information is for educational purposes only and not intended for advice on trading **