DASH/USDT (Trendline Breakout and Reversing from Support Zone)DASH/USDT (1-day chart) Currently trading at 71
there is a possibility of small retracement to 69.5.
Based on Price action this is a good time for BUY
Entry: 69 to 71 level
Resistant level 1: $88
Resistant level 2: $104
Resistant level 3: $137
Stoploss : $62
Dashbtc
DASH - Sell the top setup.Dash - Intraday - We look to Sell at 76.48 (stop at 78.05)
Preferred trade is to sell into rallies.
Rallies should be capped by yesterday's high.
Daily signals are mildly bearish.
Our outlook is bearish.
Our profit targets will be 72.11 and 70.12
Resistance: 76.00 / 77.00 / 78.00
Support: 74.20 / 73.00 / 71.00
Dash buy the dip setup.Dash - Intraday - We look to Buy at 64.31 (stop at 63.38)
We look to buy dips. 64.00 continues to hold back the bears.
Dips continue to attract buyers.
Daily pivot is at 64.00.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 66.98 and 68.42
Resistance: 67.00 / 68.50 / 70.00
Support: 65.50 / 64.70 / 64.00
Buy the DASH dip!Dash - Short term We look to Buy at 64.31
We look to buy dips.
64.00 continues to hold back the bears. Dips continue to attract buyers.
Daily pivot is at 64.00.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 66.98 and 68.42
Resistance: 67.50 / 68.50 / 70.00
Support: 66.50 / 65.35 / 64.00
Dash headed to $85 from an Ascending triangle.Dash - Short term - We look to Buy a break of 77.62
Price action has formed a bullish ascending triangle formation.
The bias is to break to the upside.
We look for gains to be extended today.
Trend line support is located at 75.50.
Short term MACD has turned positive.
Our profit targets will be 84.59 and 87.48
Resistance: 77.50 / 79.40 / 84.80
Support: 75.20 / 74.50 / 72.70
Dash AnalysisHello Traders,
Dash is above an very important support. The last times when we reached this level the price pumped dramaticaly. I would keep my attention to dash in case that this coin start another bull-run specially if it does a candlestick reversion or if it break out the red line.
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DASH Weekend Setup.Dash - Short term - We look to Buy at 64.4 (stop at 63.7)
We look to buy dips.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Previous support located at 64.0.
A lower correction is expected.
Dip buying offers good risk/reward.
Our profit targets will be 66.6 and 67.8
Confidence - 71%
Resistance: 67.0 / 68.0 / 69.0
Support: 66.2 / 65.4 / 64.0
💡Don't miss the buy opportunity in DASHBTCMidterm forecast:
While the price is above the support 0.00530, beginning of uptrend is expected.
We make sure when the resistance at 0.00850 breaks.
If the support at 0.00530 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
While the RSI resistance #2 at 53 is not broken, the probability of price increase would be too low.
A trough is formed in daily chart at 0.00600 on 10/10/2020, so more gains to resistance(s) 0.00655, 0.00725, 0.00780 and maximum to Major Resistance (0.00850) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 44.
Take Profits:
TP1 @ 0.00655
TP2 @ 0.00725
TP3 @ 0.00780
TP4 @ 0.00850
TP5 @ 0.00980
TP6 @ 0.01045
TP7 @ 0.01170
TP8 @ 0.01360
TP9 @ 0.01610
TP10 @ 0.02090
TP11 @ 0.02575
TP12 @ 0.03840
TP13 @ 0.04865
TP14 @ 0.05890
TP15 Free
Total Profit: 45 pip
Closed trade(s): 0 pip Profit
Open trade(s): 45 pip Profit
Trade Setup:
We opened 15 BUY trade(s) @ 0.00624 based on 'Valley' entry method at 2020.10.12.
Open Profit:
Profit for one trade is 0.00627(current price) - 0.00624(open price) = 3 pip
15 trade(s) still open, therefore total profit for open trade(s) is 3 x 15 = 45 pip
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💡Don't miss the buy opportunity in DASHBTCMidterm forecast:
While the price is above the support 0.00530, beginning of uptrend is expected.
We make sure when the resistance at 0.00850 breaks.
If the support at 0.00530 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
While the RSI resistance #2 at 53 is not broken, the probability of price increase would be too low.
A trough is formed in daily chart at 0.00600 on 10/10/2020, so more gains to resistance(s) 0.00655, 0.00725, 0.00780 and maximum to Major Resistance (0.00850) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 44.
Take Profits:
TP1 @ 0.00655
TP2 @ 0.00725
TP3 @ 0.00780
TP4 @ 0.00850
TP5 @ 0.00980
TP6 @ 0.01045
TP7 @ 0.01170
TP8 @ 0.01360
TP9 @ 0.01610
TP10 @ 0.02090
TP11 @ 0.02575
TP12 @ 0.03840
TP13 @ 0.04865
TP14 @ 0.05890
TP15 Free
Total Profit: 45 pip
Closed trade(s): 0 pip Profit
Open trade(s): 45 pip Profit
Trade Setup:
We opened 15 BUY trade(s) @ 0.00624 based on 'Valley' entry method at 2020.10.12.
Open Profit:
Profit for one trade is 0.00627(current price) - 0.00624(open price) = 3 pip
15 trade(s) still open, therefore total profit for open trade(s) is 3 x 15 = 45 pip
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ForecastCity English Support Team ❤️
Dash DASHUSDT - Descending triangleBitcoin dominance is currently forming Head and Shoulders reversal pattern, that is bad for altcoins. I see this descending triangle on DASH, which is extremely bearish setup. Also, this coin breaking down from major horizontal support.
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Also, check my signature down below ↓
Dash will Dash up! Dash is pushing into the resistance area quite heavily for some time.
This means, that if the price breaks the key level of $77.2 by a full candle, I expect a quick leg up.
Setup.
Enter market.
Leave if the price breaks the uptrend.
Take profit around $84.
Indicators.
EMA's can see a trend change, the fact the ema's are so close together can mean, there will be an increased volume.
RSI is trending higher.
MACD is indiferrent.
Uptrend line is active.
The price is pushing into the resitance with a higher lows.
This should be a quick and easy trade, if Bitcoin doesn't fall below $10.200.
Good luck with this trade!
Tibor
DASH Long 23.6% or 50% Retracement - Depending on placementUsing Bollinger bands and Fibs, I placed the trade which gave me a bit of a spread at 76.17 when I'd rather have it at 75.75. Either way, the way Dash has been moving, this looks to be going long as their was wguite a time of accumulation and it just needed the push down to accelerate it long. Here's to hoping we make a new High. Just FYI these are two trades that have been placed making indicision candles on the hourly. Until it just jumped down. But I have moving average support from Under on most time frames.
Don't miss the great buy opportunity in DASHBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00686).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.00809
TP2= @ 0.00880
TP3= @ 0.00980
TP4= @ 0.01153
TP5= @ 0.01360
TP6= @ 0.01610
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in DASHBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00686).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 0.00809
TP2= @ 0.00880
TP3= @ 0.00980
TP4= @ 0.01153
TP5= @ 0.01360
TP6= @ 0.01610
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️