Can Dash break resistance?Dash has rallied into and reversed off resistance priced in both USD and BTC. This comes after a few months of underperformance against the entire crypto market. If it breaks resistance it would be significant, but the chances may be slim.
If Bitcoin trades higher, capital may flow from Dash to BTC, while more downside for Bitcoin will probably hit all coins.
Worth watching though.
DASHBTC trade ideas
There is a possibility of the beginning an uptrend 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 47.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02260 to 0.02090). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02260)
Ending of entry zone (0.02090)
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= @ 0.02589200
TP2= @ 0.02822700
TP3= @ 0.03231000
TP4= @ 0.03693200
TP5= @ 0.04289000
TP6= @ 0.04682700
TP7= @ 0.05483200
TP8= @ 0.06284500
TP9= @ 0.07424300
TP10= @ 0.08876300
TP11= Free
There is a possibility of the beginning an uptrend 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 47.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02260 to 0.02090). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02260)
Ending of entry zone (0.02090)
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= @ 0.02589200
TP2= @ 0.02822700
TP3= @ 0.03231000
TP4= @ 0.03693200
TP5= @ 0.04289000
TP6= @ 0.04682700
TP7= @ 0.05483200
TP8= @ 0.06284500
TP9= @ 0.07424300
TP10= @ 0.08876300
TP11= Free
DASH Trading Advice (Requested)Buy Price: Yellow Line
TP: Green Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 16%
Good Luck!
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DASH – 200% - 1100% profit possible – divergent to BTCHi Guys!
Today we have another project which touched its crucial level of price.
As you can see on the chart there is a very long-term support which is present since August 2014.
If we break it down it will be a big surprise. So the probability that it happens is rather low.
Currently, we have a 5th time when the price bounces up from this level.
On the chart, you will see all the major rallies marked up.
Depending on the moods on the market we can make 200%, 700% or even 1100 % of profit.
Dash is a very strong coin with hard-working team and a large amount of community around.
Of course, the market right now is weak but when we compare the chart of DASH and BTC we can see clearly that in some periods of time their price was divergent which means when one asset goes up the second one is down and other way round. Please look at the 2nd chart down below in the comment section.
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WBM Team
DASHBTC - potential low risk ABCD patternWe've already seen that DASH can ride butterflies (see linked idea). Here is a low risk chance for ABCD pattern. If DASH will drop bellow point C, pattern will be invalidated. Let's see if it will complete. T1 might be mid target for some part of trade.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
DSHBTC Bullish Gartley patternHi guys and gals:
The DASHBTC in day chart has created a Gartley pattern with its movement since 27 aug 18 sofar, the D leg has touched the 127 fib extension and RSI is also in deep oversold zone showing no cushion to move down more, and sell volume is also decreased moreover 100MA is moving towards priceline aggressively, now it has nothing to lose, seems to be soon bulls will take charge in my point of view it is the best time to buy DSHBTC.
Entry point: 0.0236 to 0.0252
1st target: 0.026600
2nd target: 0.027500
3rd target: 0.28500
The final target: 0.029800
Wish you best of luck and regards,
Atif Akbar (Moon333)
DASH Coin Long Next Opportunity Upto 50% Move !!DASH on Support Level and Price doing restest we can see a spike upto 50% .
DASH Also making Bullish Channel Next Move will be aroung 3700.
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Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.