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Dash / Bitcoin

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DASHBTC trade ideas

DASH/BTC - Small falling wedge in a bigger oneWe are currently trading in a small falling wedge (yellow lines). This wedge could break up soon. If you zoom out on the chart you can notice this wedge is part of a bigger falling wedge (resistance is shown with red line). Once the small falling wedge breaks, the first target is the first blue line at 0.00794 which represents the bigger wedge resistance and also an ichimoku flat kumo resistance. This there is enought volume + stable BTC, the bigger falling wedge could also break up : first targets : 0.0096 / 0.0107 Otherwise we are good for another leg down (but DASH is sitting on a strong support) MACD crossing green soon in daily TF
Long
by Ayer
Dash is where Bitcoin was back in March 2013 Dash devs have been busy the past few years...speeding up transactions via InstantSend/PrivateSend, dash pay, and as of late they have infiltrated the markets in Mexico; providing them with options to use a Dash debit card for their purchases. The technicals are showing that Dash has already started its new cycle and is close to beginning a long term uptrend. If you're in it for the money or the tech; Dash is a winner short and long term. Another member on "TV" recently posted that Dash is where bitcoin was back in 2013. I believe that he/she is correct since Dash is a clone of the Bitcoin protocol, but I believe that by 2023/24, Dash will be where bitcoin was in early 2017; and you know what happened towards the end of that year. Did I forget to mention Dash is also a privacy token? With all the scams the past few months (Unemployment payments,Twitter); I guarantee that in the next 2 years consumers will pay for "Privacy" like consumers pay for bandwith for internet usage. Tiers/Levels of privacy will be available for purchase is what Im saying....And please dont shill me other privacy coins bc I do own the others as well(ZEC,XMR)! This is just an update on Dash for long-term investors. **This is my opinion and analysis so DYOR or dont** Cheers!
Long
by Chef-Zef
1
DASHBTC 3D long setup after breakout of two parallel channelsTA Explained DASH broke bullish against BTC! As can be seen in the chart it broke out of two parallel channels. The first is a local channel which was broken and retested successfully as can be seen on the 12H chart. The second channel goes back to January of this year where is was formed as the flag of the first big impulse of this year. Actually that one on this higher time frame could be considered a falling wedge. Targets align with previous resistance zones. SL is positioned just below the bottom trend line of the falling wedge. If prices reached there. The breakout would have been invalidated. In Binance Margin this pair can be traded with up to 10x leverage. For this setup with the given SL i'd recommend not to use a higher leverage than 3x. Trade setup Best entries: 0.007650 - 0.008400 TP1: 0.011364 TP2: 0.14171 TP3: 0.017850 SL: 0.006486 RR: 6.38 Max leverage: 3x ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Long
by MattieDsCryptoLounge
2