Be careful with DashIt's going to loose 70% more of it's value. Unless huge news and fomo will draw a huge breakout.
DASHBTC trade ideas
DASH request $DASH Request
1W looking to touch ~333 before popping to ~420 whihc is the MA support
Inidicators almost bottomed out in oversold
1D RSI fighting back to hit overbought and run w/ MACD - we have alot of resistance to fight to get back to ~420
4H indicators fighting to not go back to oversold and stay out of the box - should hit ~333 soon and then pop
DASH - Accumulation phaseHere's another good R/R alt. Use a SL a few % below support, enter on the reversal. The chart will be very clear by then. Easy Peasy.
DASH/BTC Bounced in our buy zoneWe mapped the buy zx one for DASH/BTC and it bounced perfectly. Looking now for the wave 3 target
DASH reversal?DASHBTC showing bullish divergence in daily MACD while price is looking to approach bottom of a falling wedge formation. DASHUSD RSI approaching the same point. Were these big dumps on Polo some attempts to shake out stop losses into stronger hands before a reversal?
DSHBTCThe asset is in a large downward wedge, near the strong support zone the output from which will allow to test the resistance levels at the levels 0.047
My view how Dash gonna look in the 2019-2020 I want to share my view on Dash in the future i think it should look something like this :P
#Dash trying to break above #Dashbtc #crypto#Dash is trying to break above the falling wedge that is inside a downtrend channel.
Entry on a pullback if the downtrend resistance of the channel is broken with conviction.
Also, Dash seems to have completed a WXYZ correction with the Z wave at 0.886fib of W
50DMA is 0.039
Target 1 around 0.382fib level and 100DMA resistance: 0.043-0.045
Target 2 around 0.618fib and 200DMA resistance: 0.050-0.053
Stop below Support zone: 0.033
Dash party ?! Dash is going undercover for months now ... A true gem that deserves to be in top 10
Safe entry after breakout
The breakout should be massive ... Let's wait and see
DASH LONG opportunity - Support on massive trend line level?Dash has seen a tremendous downward trend from 0.1+ BTC to now roughly 0.035 BTC/DASH.
Now the previous resistance of the rally in march 2017 is again tested as support level like in Nov&Dec 2017 where it held very well.
I would give this trade a high probability to the upside (also considering Crypto markets seem to turn slightly more bullish again), however if the support level fails I expect a full retrace and would place a stop at around 0.03-0.031 BTC
$DASH, Road To 0.025
Weekly
Looking at our trend timeframe we see price has recently broke it’s major support level at 0.035. Stochastic RSI showing momentum is in favor of the bears, next support level at 0.025
Daily
Shifting over to our pattern timeframe we see price respecting our bearish channel structure. Momentum also in favor of the bears with no signs of slowing down. Expecting price to drop to 0.025 before seeing any daily signs of reversal. Although it may be tempting to buy DASH now because of it’s price, patience will repay with a better price if we just wait.
DASHBTC - DASHUSD - Do or Die - Long IdeaWe are at critical support here. We've already seen a capitulation candle down, and this is a safe area to start going long. Keep in mind though if we break this level you MUST have stop losses as the next levels are around 0.02
DASH 7/10
Broke through supports strongly
Approaching a former support, if it breaks through it may get back into that initial consolidation zone
Potential bullish signal in DashThe #Dash has broken out of the wedge yesterday, adding to the overall bearishness of the coin. The coin broke the wedge to the downside and then closed significantly below it. However, the #Dash stopped at 0.03430 level, that represents a significant support level that provided support to the coin in its recent history as well. Now that we trade outside of the wedge, we should have a more clear picture on what is ahead of us.
On the 4H chart, the #Dash created a bullish engulfing candlestick pattern. In general, this pattern suggests the bulls have taken control of the price action movement from the bears. This type of pattern usually accompanies a declining trend, suggesting a low or a short-term end has occurred.
So, the break out of the wedge is bearish but the engulfing candle has provided some light at the end of the tunnel for the bulls. Hence, we believe that given the recent bearishness in the coin, we are leaning towards a bounce in the Dash, especially as the coin has reacted really well from the horizontal support. The RSI is also pointing towards a bounce. An additional bonus is the fact that we are sitting at the support, hence the R:R in the long trade at these levels is very good.
LONG
Entry : Current market price - 0.034540
Stop : 0.033200
Target 1: 0.036200
Target 2: 0.038000
Target 3: 0.039700
DASHBTC updateWe gave the signal for DASH on 24th of June. Please fix the profit and wait till it consolidates as XABCD was formed and the price is in Overbought state. A small correction should start before the further growth to our targets. You should reenter when the price will be in the specified area and follow the targets in the signal
DASH/BTCThere's always going to be another long or short entry..
No need to ride every wave or chase every profit.
The thing that used to keep me in the losing bracket, was my inability to stop chasing my own tail.
Be patient. Be meticulous. Trade with conviction.
Dash Elliott's Wave [Falling Wedge]As we did see this week, things seems to be back again and is the overall crypto market is showing a good motivation. As the market downward movement in general, which mainly occurred because of Bitcoins price rally failure, affected almost all alternate currencies Dash was also affected. Market is showing a good progress and here Dash also faces a falling wedge which seems to break at anytime soon. Next major resistance line is at the 23.6% fib level around 0.0414 Btc.
RSI is showing a good angular movement.
Volume is just needed to see a spike and a breakout.
Possible Targets / Fib Levels
Target 1 : 0.041485 BTC
Target 2 : 0.044866 BTC
Target 3 : 0.047599 BTC
Target 4 : 0.050332 BTC
Longer Term Targets / Fib Levels
Target 5 : 0.054223 BTC
Target 6 : 0.059180 BTC
Good Luck.
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#DASH #BITCOIN #BITCOINPRICE #TRADING #BITDHARMAWell, price has being following the channel for a long time. Right now we can expect that trend will be bearish because price is breaking de channel.
