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DASHBTC trade ideas

$DASH, Falling wedge at the historical support zone.Here is a trade that can put us right into retirement. I really can't say much around here but what I can say that this looks good right now. And if I will to follow the book I'm currently reading (Encyclopedia of Chart Patterns), we can get at least 100% to as the falling wedge target and 130% for the triple bottom. Now, I am not the guy who will wait for the confirmation, I will just buy at the bottom and hope for the best. If you ask me, you don't really need those confirmations. Just buy at the bottom and hope for the best. Again, the only thing I can say to this is this is very bullish. RSI is oversold, nearing support levels (which when touched increases the price by 100% historically). At the very least, if I were correct. We can get at least 30% from this trade assuming that the 55 Daily EMA will resist it and kill it. and if it punched through it, we can see at least 50 - 80% For the stop loss, It's up to you, just put it below the first bottom and I believe it will play out well. I have mine very generously. Tip: Buy as soon as the falling wedge breaks out. Throwback "may" happen but it will hit the support zone and I think it's pretty much safe.
Long
by raizumaraiz
1
Dash at the lower boundary, it's time to buy?Coin of the day is Dash. Dash (known earlier as Darkcoin and XCoin) is one of the biggest alternative cryptocurrencies with a focus on transaction speed and privacy. Due to the privacy of the transactions, Dashkovich managed to occupy one of the leading positions behind the bitcoin when it became clear that bitcoin could not offer the appropriate level of confidentiality to users. Dash company supports a close communication with its community. Decisions on changes in the Dash are made by a common vote. Despite the negative attitude towards the coin from some countries, Dash is considered one of the most stable cryptocurrencies. From the technical view DASHBTC once more reached a strong supportive zone 0.035 - 0.045, which was forming from the April 2017 and never been broken since then. This zone also coincides with the 61.8% retracement of the price peak that does not violate the picture of the global uptrend. The price drew a rebound from the 0.045 level ten days ago but did not manage to break above the 0.05 resistance. Nonetheless, as the downwards momentum started to decrease, DASHBTC began to pierce above the Bearish Trend Lines by what is translating the downward tendency into a lateral. From the below - Dash has a strong support zone 0.035 - 0.04. From the above - breakthrough of the 0.05 - 0.052 resistance could mean the beginning of the next growing cycle and set next target at the 100-days EMA.
Long
by DestinationMoonCrypto
DASH - Stong Bullish #DASH #BTC Opened a long position in DASH, that I have since partially closed in the green (see referenced setup) . Added to my remaining long position and feel DASH is looking very strong considering today's price action on BTC. I believe we will stay within the support channel indicated. Likely to see t-k crosses on longer time-frames (i.e. our shorter moving averages are beginning to cross on the 6 hour. they are approaching on 12 hour). I estimate the 20 and 50 MA cross the 200 in the indicated channel and while price is in the Ichimoku cloud. No financial advice here. Comment and critics welcome. Good luck all.
Long
by nycgrowler
Dash is Still Cash! - 90% potential targetDash is showing multiple signs of winning the tug of war with the bears which has pulled it down to prices not seen since mid-December. Historically when Dash has fired up the after burners it delivers dependable triple-digit gains in under a week. Price action has just moved out from decending overhead resistance from a falling trendline and the 20 and 50 period moving averages on the 4 hour chart, and only has to contend with the 100MA over the next couple of hours. On the 1 hour time frame the 20MA is crossing bullish over the longer 50MA and 100MA indicators, all on the back of bullish RSI and MACD signals. Even more importantly perhaps is the recent surge in volume which actually screams of more buying demand than the lower volume levels which propelled Dash from 0.035 to 0.095 (170% gain) back on the 5th of November 2017. Watch key resistance levels for potential targets and possible rejection at: 0.056 0.062 0.074 0.095 Stop Loss = 0.0465 (-6%) Warning: Although all signals look good at this stage, a crash of BTCUSD -0.36% pricing could send the whole market into free fall again and drag Dash even further down with it. If that happens the current reversal could morph into a bear flag with a target of 0.04.
Long
by MXAnt444
DASH/BTC Supports and ResistancesDASH/BTC is currently at 0.786 retrace of the last rally. With RSI nearing the bottom on the daily I expect a stronger bounce to test one of the resistance, either the daily tenken or kijun, or one of the marked red lines. A breakdown of this fib I could see us retesting sub .04 level. With a drop of about 20% for last support and about 50% for the next support in worse case scenerio. To break bullish a break above the down trend at about 0.065 level would confirm it, but it would meet heavy daily resistance in the cloud, and could instead provide a better short entry.
by CrimsonBull
Dash files for patent of new "Evolution Platform" *an update*Since my introduction about a month ago Dash has, like many coins fallen through major support lines identified on my charts at the time of posting. With those lines becoming resistance but positive news in the media what might the next few weeks look like? Looking at the one day chart it looks like Dash could be about the bounce from the support it is currently resting on. If it falls below (which we, of course, hope it doesn’t), price action may be headed to lower support indicated by the blue trend line on my updated chart. If it does there’s a chance this could be the bottom with a bounce likely based on a recent increase in volume and a crossover of a cluster on trend lines circled on my chart.
by theJadeCrow