DASHUSD trade ideas
$Dash seeing a run up from Elliot 3 wavethis could set up a beautiful inverse head and shoulders pattern for Dash and cause a nice breakout into higher prices. The AD is currently showing a 140 target, have to wait to see if it confirms in future price appreciation. Disclosure, I have a position
DASH looking REAL BULLISH - Is this a sign for BITCOIN?Hey all!
DASH is KILLING the rest of the market right now, and absolutely demolishing STOCKS in performance.
I'm going to buy some DASH today -It looks like we have a ton of room to continue this move upward.
Also -
Could there be a positive correlation to the BTC price? I firmly believe so, considering the history.
What do you think?
DASH is about to bounce 40% - IMPORTANT VIDEO Hey guys MartyBoots here.
Ive been trading the markets for over 13 years and I see this pattern over and over again . You dont want to miss this move on DASH
Bitcoin is looking for a bottom here and when it finds it some of these coins are going to bounce 50%+ DASH is the LEADER
Bitcoin’s Biggest Test
In such an economic environment, with high inflationary expectations, gold looks set to shine. But what about Bitcoin? Bitcoin has crashed by almost 53% (peak to trough) in the 2020 Coronavirus crash, as investors raced to the US Dollar. In many ways this was inevitable. Where the Bitcoin price may shine is in the volatile inflationary aftermath of the response to the crash. In our view, in this changed economic regime, where the economy and financial markets are set loose, with no significant anchor at all, not even inflation targeting, it could be the biggest opportunity Bitcoin has seen, in its short lifetime.
This is not Financial Advice its just showing you what I'm trading in this market
DASH/USD is stronger than the market at the moment. To the dollar DASH will buy back after the breakdown of Hi and local resistance of the mirror level of $ 50. Stop loss for at level
It was not possible to break through from the first time. Usually such levels break through from the third or fourth time.
You can work locally in the sideboard, below in the picture drew purple buy levels:
paired with Bitcoin, I'll write in the next post.
If Dash losses ground here EXPECT BIG DIPSShorting Dash wont be easy for Americans but Im sure you can figure it out.
short the market price with a stop loss of your choice and start taking profits at the height of you next bets' stop loss ( Assuming your next bet is another short )
dash upside down h+s or 3 buddhas . Using simple trend lines and visual based observation . Indicators used vol, bb, mom, green zone red zone, I noticed a upside down head and shoulder or 3 buddhas. the market will move sideways until it hits the red zone. then the bulls will move in pushing btc to the 7k range. this is just a prediction . Let's see how it plays out!
Dash Long Term low Risk Trade PlanSetup is pretty smooth and easy to do
Green circle shows where i can enter the trade. I'm planning 2 entries in it. ( $77 and $57) Stop Below the ATL
I may compound on the way up, if that happens
It is not suitable to risk lower than R and risking more than 5R,
I have to make an exception because while market retracing i need as much as cash i could spare.
I have too much altcoin trades/waiting orders so my rules says do not overexposure myself is a must and its not negotiable!
I can risk .75 R for 4-5 trades if i wont close/take profit with my current trades.
Since shitcoins has too much to offer i'm ok with low risk/reward.
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The Color Map of The Chart
Red = (M)onthly
Yellow = (w)eekly
White = (D)aily
Green = 4H
Blue = 1H
Rainbows = Mins
.....................................
78.35 is important levelWhen we look at the weekly chart, fibonacci retracement level 78.35 ( %61.8 level of 38.42 to 142 ) is a strong support. I go long from this level. It is a good opportunity to make some profit.
DASH, rather swap - to UVU (for example)I think that Nothing fascinating can occur at 2020 at DASH . So I prefer to recommend You a mother choice : UVU coin.
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BUY : www.hotbit.io
CHECK :https://coinpaprika.com/coin/uvu-ccuniverse/
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I am suggesting to invest in altcoin like : UVU which is new coin but with great perspective. Why UVU ? Because their unique vision based on crypto atm and recharge stations for electric cars . This european project got first successes behind them like listing on big Hotbit Exchange - You can trade there without K-Y-C so registration is easy and fast - brilliant model for less experienced users.
Look into it:
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Moreover the price is still cheap it means BIG space to grow . Team predicted that price for 1 UVU should be a round 0.2 USD in March and now its just 0.0028 USD !
Also the cirrculation supply isnt big so it also work for future profit because many coins could be in Yours hand for less payment .
Think serious about investition like this !
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Check the chart :
Does DASH break the resistance line this time?DASH has a resistance line it needs to break. Once it gets through $92.60 then it should be clear until $100. On a break higher through this resistance line, then it looks like DASH starts a new rally higher.
DASHUSD - about to boomHello All!
I will share my thoughts of the current market situation and any possible targets. You can make your conclusion out of this and make your own decision how to play it!
Dash is in a ascending triangle, making higher lows with the highs on the same level. In most cases this is a bullish pattern. But now we are at resistance (descending trendline) I will be interested once resistance break!
If we can not break resistance the trend will continue down and the pattern was just some consolidation before continuation.
Anyway, a break will come soon!
Next target; give this idea a like and me a follow :)
Thanks for your support !
Remember ; Every Moment Is Unique !
