DASHBTC trade ideas
DASH breaking top line of parallel channelBITTREX:DASHBTC
DASH got to the top trend line of its downtrend parallel channel really strong and it broke it. Now it seems to go back to test that trend line as new support. Considering the candlesticks and the oscillators in 4H Chart and 1D Chart, we place this trade idea going LONG.
#DASHBTC #DASH #TRADINGCRYPTOS #BITCOIN #TRADEIDEA
DASHBTC - Higherlow SetI see on the 1 hour chart a falling wedge which is mostly a bullish sign.
If we look at the daily chart than we see that we are making higher highs and higher lows, we are still in this pattern and a higher low is probably set.
If this is the case and the trend continues to make a higher high we might see a 25% rise.
This chart is made for educational purpose only. I'm new to TA and would like to hear others thoughts.
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
Dash will reach Demand zone before Bulls take over Hi Folks,
I am still thinking Dash will reach Demand Zone and then we go up.
We still have a lot of sellers selling and we need to see some zone of interest for bulls to come alone.
DASH retaking it's way up!BINANCE:DASHBTC
After breaking the most recent Daily Chart support and Resistance, DASH starts showing weakness in its way down. It is now bouncing at Fibonacci level 0.78 (1D Chart). Oscillators are coming out of the bottom area pointing to go up, and 2 candlesticks ago we saw a strong bullish hammer.
Considering all this, here is our scalping trade idea!
DASHBTC a long opportunityThe price action has completed the gartley and now getting bounce from 1st pivot support soon it will hit the sell targets insha Allah.
The targets are:
Buy between: 0.04730445 to 0.02668114
Sell between: 0.06391684 to 0.10329701
Regards,
Atif Akbar (moon333)
DASHBTC a development of bearish gartleyThe DASHBTC is developing a bearish gartley insha Allah, The buying and sell zones are defined accordingly.
Best of luck and regards,
Atif Akbar
DASH testing Fibonacci Level 0.5 in 1D ChartBINANCE:DASHBTC
After the spike that hits 0.029000, we are witnessing a price correction and test of the level 0.50. The most recent support and resistance level is located at level 0.61
We are expecting to see DASH retaking the uptrend and consolidating level 0.50 as a support. If this happens, here you have our trade idea!
Is DASH ready for its 2019 break out? Golden Cross signalingDASH has been making slow and steady gains throughout 2019. Momentum has recently started to pickup and It has set itself up perfectly for a break out soon after it hits the golden cross (where the 50 day moving average moves above the 200).
Do you think double tops are good chart patterns to trade?BINANCE:DASHBTC
Double top with a divergence in 1H chart might be giving us a short trade sign and a good amount of pibs during the next few hours! Have you traded this chart pattern?
DASHBTC - TARGET 1HRDash looking primed for a small move upward on 1hr Fib. Get in at green line, stops on either grey line, profits at golden lines. Can look to short 100% line down to 50% if it doesn't blast through to 200% line. NOT TRADING ADVICE. NOT FINANCIAL ADVICE. TRADE SAFE.
DASH/BTC hit targets, Retrace to where? Dash Early Support ZonesDash topped and is pulling back as expected in plot below.
Now we need to consider re-entry zones to be watching.
This is a very early plot, am not all that confident in them.
Looks like Red 2.618 + Blue 3.236 zone has been pierced.
Next is Red 4.236 + Blue 2.618 zone, LIKELY to cause a bounce.
The two zones below that are Bulls' Last Stand or risk uptrend.
My last analysis that spotted possible Top
DASH - uptrend when pass over resistance level test 30k - 32kDASH - forecast
Frame: 1W/ 1D/ 4H minor Upward. strong resistance at 0.030 ~ 0.032 satoshi
refer zone BUY and SELL
DASH/BTC Binance
BUY zone: wait : 0.02600 - 0.026505
SELL Target:
0.030858
0.032000
0.032900
STOP LOSS: under 0.02600
***
DASH basis Information:
Dash (DASH), formerly known as Darkcoin until March 26th, 2015, is a privacy-centric digital currency with instant transactions. Similar to cash, Dash allows you to remain anonymous while transacting. Dash protects privacy by anonymizing transactions that are made over the network using a technology developed by the Dash team called DarkSend. DarkSend is inspired by the CoinJoin project that was birthed to anonymize Bitcoin transactions.
Using Dash, payments are private and cannot be tracked along with balances. Dash harnesses the power of its Masternode network to power an innovative technology called InstantX. When sending funds, users can use InstantX and transactions will be fully sent and irreversible within four seconds.
Dash was released on the 18th January 2014 with zero premine coins. It uses 11 rounds of hashing algorithm namely blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, and echo. As of the current design, there will only be 22 million Dash ever created, making it a deflationary currency.
@TrungVuz #TrungVuz Trading
DASH/BTC approaching Resistance: Dash to pullback soon?DASH has been let to the Alt party but making up lost time.
It is now at a Fib resistance that might start a retrace here.
What happens here will provide clues to TA going forward.
Bigger picture showing origination of the Red Fib lines
.
See my other recent calls such as:
ADA breaout
XLM breakout
ZRX bounce
CELR bounce
DASH finding some traction in the market LONG(20%-52%PP) DASHBTCMake sure to LIKE and FOLLOW if my content provides you value! Thanks
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
DASH dropping today or just a correction wave?BINANCE:DASHBTC
It seems to us DASH was strongly rejected and now the next important support its a bit down. Our target will be a few pips below Fibo level 0.38
$DASH, Formed a bull flag as continuation of the bulliUpdate on $DASH, Formed a bull flag as continuation of the bullish trend..
As entry you can buy now and wait for breakout or aim for bullflag support
As we sideways on the bullflag, EMA200 will become resistance
Potential Targets on the chart
#DASH
Bullish Moment for DASHBINANCE:DASHBTC
The last time DASH touch the resistance level 0.0241603 was back on March 13, 2019, today price action and chart seems to indicate that it will give it a try one more time taking advantage of the flag pattern you can see in 1D Chart
