Get started

DSHBTC

Which scenario is true for DASHHello, Traders! Monfex is at your service and today we overview DASH/BTC . On the chart we see a large rising channel or a bear flag . The price now near the channel support and has two scenarios: 1 there will be a breakdown of the flag down and for greater certainty we will consider the level of the red line near 0.00808 . As goals, we take Fibonacci levels of 100% (previous low), 127.20% and 161.80%. 2 a rebound from the support line up by the channel and the first target is the middle line of this channel near 38.2% and 23.6% Fibonacci. The green horizontal line as the flagship of the start of a bullish trend . Perhaps this is the second(2) Elliott Wave (12345). In conclusion, at the moment we are closer to the bearish trend option, but you need to see at chart below, by DASH/USD there is a significant pre-reference to the begin of the bull trend. Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
by Monfex_UK
There is a possibility for the beginning of an uptrend 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 46. . The RSI downtrend and the price downtrend in the daily chart are 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 (0.019200 to 0.016700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.019200) Ending of entry zone (0.016700) 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= @ 0.021800 TP2= @ 0.023500 TP3= @ 0.026500 TP4= @ 0.028800 TP5= @ 0.033100 TP6= @ 0.043300 TP7= @ 0.059900 TP8= Free
Long
by ForecastCity
2
There is a possibility for the beginning of an uptrend 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 46. . The RSI downtrend and the price downtrend in the daily chart are 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 (0.019200 to 0.016700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.019200) Ending of entry zone (0.016700) 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= @ 0.021800 TP2= @ 0.023500 TP3= @ 0.026500 TP4= @ 0.028800 TP5= @ 0.033100 TP6= @ 0.043300 TP7= @ 0.059900 TP8= Free
Long
by ForecastCity
4
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 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.023000 to 0.021000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.023000) 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= @ 0.026780 TP2= @ 0.029000 TP3= @ 0.031150 TP4= @ 0.032790 TP5= @ 0.042210 TP6= @ 0.049820 TP7= @ 0.057430 TP8= @ 0.082010 TP9= Free
Long
by ForecastCity
2
Dash Moving inside of a Bearish ChannelDashcoin is moving very stable inside of a channel which has reached a support zone now. So either we break the support and make a big drop out of that channel, or the bulls ar ready to get in now and push the price towards that red resistance zone (previous high). Trading it here is very risky, because i think it could be trapped inside of a range between 165 and 158. Upside break of the channel will probably mean a retest of the 165. Otherwise we can assume we just keep on dropping. Bigger picture we can see higher lows but also lower highs. The low in August during the alt capitulation (crash of prices) shows a very good, high volume rally indicating the possibility of a long term low. A break of one of these 2 would trigger more movement into that direction. On the left we can see a small bullish wedge which triggered that small rally up a week ago. But that target has already been reached. So only thing to go on for now is this channel and the levels i have mentioned. A break of the channel would be a first step to either sides. Please don't forget to like if you appreciate this :)
BITFINEX:DSHUSD
by botje11
3
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
Long
by ForecastCity
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
Long
by ForecastCity
Dash Equilibrium Break Coming!Hello my dear Dash traders & HODLers, hope you're doing fantastic guys! ;) DASH is right now inside an equilibrium, with $200 psychological as resistance, and $177 as support => We will see a nice break coming! But beware guys: We had a beauitful descending triangle/equilibrium before, and ugly wicks led to a few fake-outs! Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up, because the video gets shown to other people then. Make also sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. For short trading: Please be aware, that you can lose all your money on Bitfinex if Tether blows up one day/and or they just close, (respectively on Binance, if you're holding Tether there), as compared to Coinbase, who do not offer short trading, but who have at least an insurance up to 250k. Dollars as they state on their homepage. About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
BITFINEX:DSHUSD
by Edgy_