Get started

Dash / Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

DASHBTC trade ideas

$DASH $DASH.X - Quick Dash, hopeful profitGoing in on DASH to see if i cn get up to a 4% gain. I'm on the 4 hour time frame and we have a cross of the 5 period SMA over the 10 period SMA, a bullish signal. Then we have a candle above the 20 period SMA. This is premature on the 4 hour since we haven't had a close yet so this is a gamble. The RSI is on a small steady rise but above 50, another bullish signal and the Stoch is going up. On the dily chart Stoch is in the oversold area so that is another indicator of a possible continuation of a small trend reversal. I entered around 0.04451941 sats, aiming for 0.04622118, and set my stop loss for 0.04311446. Being in a bear market this is still a risky venture but with a few bullish signals i'm taking a gamble here. No real important fundamentals, twitter posts som basic news of vendors the past few days hence why we have probably seen a small reversal. By all means this wouldn't fit for a long term setup. I will aim for my near 4% gain but if I get 2% out of it i may cash out. Since RSI is kind of even this could easily turn. May be to early to get in but I do like to gamble. Remember of you want in, do your own research, and I am not a financial ad visor.
by UnknownUnicorn2091450
$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