Consolidation= big move updash has been moving sideways for a few days, I expect a big move towards the upside hopefully
DSHUSD trade ideas
DASHGoing off the coinbase chart my analysis points to the following:
1. DASH is lagging the other coins big time as it hasn't even broken free from the corrective phase.
2. We could finally be making the push to an impulsive wave break out.
3. There is a larger potential IH&S pattern developing.
I would note that I am starting my EW studies so please DYOR and also if you are an EW analyst please leave a comment as to your thoughts.
Also DASH is lagging 2017 ATH's by about $1400. This lends bias and credibility to my theory that DASH is just in some large complex correction.
This is also highly speculative and you should do your own TA before investing.
My analysis and my bias and my gut is all pointing towards DASH will soon revist ATH's from 2017 then re adjust price versus $40-$50k BTC.
Dash 🚀Dash is looking good here. Notice how it hit the top range of the parabola and dropped back down to the bottom of the parabola just like 2017. I believe that after a few weeks we will start heading back up and then rally with a peak early Q4 near 5k.
Quickpost:Dash Looks Like a shortThe main chart says a lot so I am going to go into the 12 hour because that shows a lot. Quite simply price action is still very bearish with both the VSTOP and MTF VSTOP situated bearishly and the 20 period SMA acting as resistance. This is the time frame I have my stops set on and my entry was at $207, My take profit is of course a bit shy of full performance. I am almost but not quite ready to move my stop loss to guarantee a profit.
These are very risky times and only the nimble should be trading. This is not the time to learn new skills. If you try and push your limits here with your full account most of y'all will get wrecked, like I got wrecked 3.5-4 years ago. One of the reasons this is a quickpost and I don't need a lot more TA is all the TA I have done recently that points to the begining of a bear market, and I trust my divergences and stop strategy. If I take an L on this it will be a very small one.
Here is a quick confirmation on ethbtc, which loosk to be setting up a classic bear trap. Given ETH and BTC .9ish correlation and ETH higher beta it seems we are due for the next leg down marketwide.
Dashmy dash chart shows 1 impulsive moved followed by an ABC triangle correction which was a bull market correction that preceded the next impulsive move up. I feel that the last move was a bearish impulsive move down. Now I am waiting for some more clues to see how things develop. I stay long and bullish even though the current PA looks a bit unclear.
Dash (DASH) - May 27Hello?
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(DASHUSD 1W chart)
If it rises along the uptrend line, it is expected that there will be a big gain in the long run.
(1D chart)
You should watch for any movement that deviates from the 184.74635937-231.92522638 section.
If it rises to 231.92522638-255.51465848 and gains support, it is expected to turn to an uptrend.
The situation can be different depending on the movement of the BTC price, so you need to look at the movement of the BTC price.
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(DASHBTC 1W chart)
(1D chart)
If it rises above 5676 points and gains support, it is expected to turn to an uptrend.
If it falls, we need to make sure we get support at the 5075 Satoshi spot.
If you fall at the 5075 Satoshi point, you need Stop Loss to preserve profit and loss.
Dawitch, 4574 Satoshi-4850 Satoshi You can touch the section and climb along the uptrend line, so you need to trade carefully.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately represents the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
DashJust got an hourly close on 193
Support. Looking pretty bullish here. Next resiatnce stop is 213 if it can find support there next level above is 237. An entree around 200 with stoploss below 189 Riesling 11$ per dash make. 37$ Per is a decent risk in my opinion. I would probably close at 237 and look for re entry if it finds support back above that. I’m considering this
Long Dash @ $150.77 Looking at dash ratio, I am currently looking for strong upward buy movements from here on out. Seems great to put some on the table.
DashI love watching dash becuase BCH and DASh work togther and coorilate a lot. Usually dash moves a little faster then BcH but with less force. That being said dash had falling a lot faster then BCH. The target is roughly 86$. We spent far are consolidating on an area of confluence around 134$ roughly and this would make sence to hold support on. If that area is lost then 86$ would be a very key area to hold and I would expect a good bounce from there
DASH Short Term Everything is on Bitcoin right now.
If Bitcoin doesn't recover next week, we could see a $70 Dash.
If Bitcoin does cover, I could see $200 easily or maybe more.
Don't get nervous and trust the process!
DASHDid a quick comparison with ETH and we can see that DASH is lagging. The prices of these 2 currencies have historically traded within $100 of each other, sometimes dash would be higher than ETH and other times ETH would be higher than DASH.
This dynamic will return shortly IMO.
DASHHere is the DASH game plan guys. Also note this is a LT hold for me so I may try to carry this coin out into Oct. But for a trade I think $750 or the 1.618 fib extension is a reasonable target.
Also the Goat Greg Manerinio is buying DASH heavy so I suggest you do the same b c he is literally never wrong.
Just for fun, enjoy!Just my opinion and it's free. Very easy to read and understand.
Tip some Dash, thanks: XoMfx4uDev2sU35o7xrag9TXdCXfJbQdYs
Finding a BottomSeems like much of the crypto world is looking for a landing pad.
DASH has pierced the bottom Bollinger band with the moving average on 80 verses 20 which demonstrates extreme selling pressure. Price likes to stay inside the bands whether price breaks over the top band (orange arrows) or below the bottom band (blue arrow).
DASH recovered quickly today and price is now inside the bands again. However that long candle tail may give folks a hint where support is for this security.
Many wait for a horizontal consolidation zone to form so that support levels are evident, which they are not at this point.
No recommendation.
This one does not appear to have been parabolic like some others were.
NEXT STOP, UPDATE (FIB 0.236 | MA 50)Still on the track! Hope you didn't panic sell and bought the dip! :)
Tip some Dash, thanks: XoMfx4uDev2sU35o7xrag9TXdCXfJbQdYs
