DASHBTC trade ideas
There is a trading opportunity to buy in DASHBTCTechnical analysis:
. Dash/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.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01909000 to 0.01657500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01909000)
Ending of entry zone (0.01657500)
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= @ 0.02261000
TP2= @ 0.02491000
TP3= @ 0.02771000
TP4= @ 0.03307000
TP5= @ 0.03686000
TP6= @ 0.04326000
TP7= @ 0.05977000
TP8= Free
There is a trading opportunity to buy in DASHBTCTechnical analysis:
. Dash/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.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01909000 to 0.01657500). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01909000)
Ending of entry zone (0.01657500)
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= @ 0.02261000
TP2= @ 0.02491000
TP3= @ 0.02771000
TP4= @ 0.03307000
TP5= @ 0.03686000
TP6= @ 0.04326000
TP7= @ 0.05977000
TP8= Free
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
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
There is a trading opportunity to buy in DASHBTCTechnical analysis:
. DASH/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02030600 to 0.01772000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02030600)
Ending of entry zone (0.01772000)
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= @ 0.02261000
TP2= @ 0.02491000
TP3= @ 0.02771000
TP4= @ 0.03307000
TP5= @ 0.03686000
TP6= @ 0.04326000
TP7= @ 0.05977000
TP8= @ 0.08646000
TP9= Free
There is a trading opportunity to buy in DASHBTCTechnical analysis:
. DASH/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02030600 to 0.01772000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02030600)
Ending of entry zone (0.01772000)
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= @ 0.02261000
TP2= @ 0.02491000
TP3= @ 0.02771000
TP4= @ 0.03307000
TP5= @ 0.03686000
TP6= @ 0.04326000
TP7= @ 0.05977000
TP8= @ 0.08646000
TP9= Free
DASH riding an ascending channelBITTREX:DASHBTC
After testing the support level around the area 0.02054224, DASH created an ascending channel and now it's on the way to test resistance level, considering the price action and the oscillators, this might be a good place to go long.
www.cryptomacrotrends.com