dashDash is above the 200 DEMA vs ETH for the 1st time since 3/2020.
Dash has previously broke above and then Nuked quickly below.
But still something I think is worth paying attention to.
DASHETH trade ideas
DASHETH - Long - Potential 24.5%DASHETH - Long - Potential 24.5%
Exchanges: Bittrex, Binance, KuCoin
Signal Type: Regular (Long)
Entry Zone:
0.04150 - 0.04377
Take-Profit Targets:
1) 0.04588
2) 0.04984
3) 0.05419
Stop Targets:
1) 0.03777
Entry Trigger - Heavily Oversold, on bottom support, trend break
Eyes on Dash | 1200% potential | Long | DashEthEyes on Dash Eth - the sleeping giant no-one talks about.
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Weekly
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Market Cap Eth 1,185,373
24 Hour Trading Vol Eth 571,779
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Green = Resistance
Red = Support
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All-Time High in #Eth was Eth 5.611519
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PA was sent down from 20 ema.
The right time to accumulate.
Landing on Moon in October.
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Safe play
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My Tp starts at 2x.
Sell 1/2 at 2x to protect your investment.
Leave rest for the moon bag.
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Stay safe!
We are all going to make it!
Dash / EthereumFollowing a 90% correction and oversold condition (orange column) an ‘incredible buy’ opportunity now exists. The Bollinger Band overlay is included on the above 1-day chart to illustrate how overextended price action is, 50% away from the mean (centre black line). This is ridiculous.
Whether you’re looking to increase your Ethereum holdings or are long on Dash/USD, this is a way to do both.
1st target is 0.25 or 225% from current price action.
DASH / ETH looks ready for takeoffDash is incredibly undervalued against ETH right now. TP levels shown.
DASH/ETH Massive rally aheadIf bulls succeed in breaking the and sustain above 0.22-23 level (the moving average) then the probability of the trend reversal is rising, and we can expect the big moves from DASH.
Regular Bullish Divergence on weekly. Invest 1%, SL @5% loss.Regular divergence is the classic sense of divergence that occurs when the price action makes higher highs or lower lows while the oscillating indicator does not. This indicates a weakness in the price action and anearly warning that the trend could be coming to an end. In other words, regular divergence indicates that a probable trend reversal could occur through it does not indicated when this will occur. For this reason chartists often turn to trend lines, chart patterns and candlestick patterns to time the entry into the trade.
Regular divergence can be either positive (bullish) or negative (bearish).
Positive Divergence is bullish and occurs in a down trend when the price action prints lower lows that are not confirmed by the oscillating indicator. This indicates a weakness in the down trend as selling is less urgent or buyers are emerging. When the oscillator fails to confirm the lower lows on the price action, it can either makes higher lows, which is more significant, or it can make double or triple bottoms. The latter occurs more often on oscillators, such as RSI and Stochastics that are range bound and less often on oscillators such as MACD and CCI that are not range bound.
Negative Divergence is bearish occurs in an uptrend when the price action makes higher highs that are not confirmed by the oscillating indicator. This indicates a weakness in the uptrend as buying is less intense and selling or profit taking is increasing. As with positive divergence, the oscillator can fail to confirm the higher highs on the price action by either making lower highs, which is more significant, or by making double or triple tops. As with positive divergence, double and triple tops are more prevalent on range bound oscillators.
As you can see Dash from time to time gathers explosive characteristics.
As per fundamentals - top privacy coin with a very small supply.
Invest 100 ETH & if successful you've got at :
T1 - 160.0 ETH
T2 - 207.00 ETH
T3 - 267.00 ETH
Possible allowed loss on this trade = 5% of invested capital.
Dash vs Ethereum1-day chart showing us bullish divergence on the Dash / Ethereum pair together with Higher Lows on the Stochastic RSI following a (as if you hadn't noticed!) a strong oversold period. In addition price action has just made a band-to-band transition to the bullish half of the Bollinger band to find support on the 21-day moving average.
3-day - need to wait another two days to see if last candle does indeed form a dragonfly DOJI.
DASHETH Possible long?I've made a great many mistakes with my past TA, still, I won't stop learning and improving. After all, no matter how great your TA, anything
is possible in the crypto markets.
While ETH is in it's consolidation period, DASH looks like a 70% good buy.
DASHETH - continuation of a downward trendFriends, another interesting idea for intraday trading. We have noticed that liquid crypto currency DASH does not hold its positions at all. If earlier, crypto-investors considered DASH a promising crypto currency, now it is not even in the top ten by market capitalization. Although almost all the crypto-currency market is in the "red zone" today, but DASH is one of the leaders of today's decline. In turn, ETH is not so much lost its position.
Therefore, the idea for this crypto currency pair has matured this:
1. Levels of Fibonacci retracement on the downtrend are pretty good;
2. We expect a correction to the price of 0.049461;
3. We follow the "bearish" trend to the price of 0.047963.
The main thing is not to forget to put stops on correction levels.
Have a good profits!
