DASH - Bullish and Bearish ScenariosThis is a continuation of the market analysis I just did about Bitcoin:
DASHUSDT is right now at an important decision point. If it does manage to break up and bulls win, i expect price to reach 805 USDT as TP1 and 1060 at TP2. If it doesn’t manage to go up, it could go down to 350 and then to 305 for next target. There is a small pennant that looks like a reversal triangle so this could be dumping in the short term and dumping even harder later this month. Nevertheless, if the smaller triangle pennant manages to break up, I expect the written TPs to be reached in the next six weeks or so.
Whatever happens with Bitcoin will influence the rest of the market for sure, so keep an eye on my current BTC chart.
Dashbtc
Dash or crashokay i find this one a little tough to project on just yet. however i think we can make some short term assessments based on the support lines we have had. if we look back over the past days we can see a discernible top line. the bottom line is harder to pin point on this one as the fluctuation have been all over the place. I do think if the current trend line holds that we could see an upturn in the near future. CCI and VWAP both are starting to trend in the right direction. My concern though is the lack of support on the bottom of the triangle drawn. If the course follows this line we should seen an upturn in the near future. given how hard some of the resistance has been This one could be tricky to project.
DASH what I like...Another good indicator found in DASH... Latest update, First Crypto ETF to Establish DASH Masternode , Distribute Rewards as Dividends to Token Holders!!
DASH/ BTC - Looking at 2 hour timeframe, as indicated a good volume and possible pull up shows on the RSI after the ovebought. If I place a trade now, I could actually enter at 0.540sat and exit at;
Short;
0.064sat (tentatively at March 07)
Long;
0.075 (possible maybe at March 15-18)
Disclaimer; Please be reminded that ALL information provided above is all tentatively and no assurance. NOT an Investment advise and only intended for educational purposes. DO YOUR OWN RESEARCH...
Dash may be moving lower - sell and buy back more for holders. For those that have look at any of my past analysis, I like to use simple trend analysis, support/resistance to draw conclusions. I find that the more convoluted your indicators, the more confusing the entries and exits become. Plus trading is a process of mastery that requires thousands of hours dedication - if you're constantly looking at complex drawings, it's harder to get REALLY good at the simple stuff.
Anyway, with DASH, I wrongly called a short back at 0.068 a couple of weeks back, but it went higher. I wish I hadn't closed that short trade because it proved correct after all. Now, it seems like DASH is setting up for a continuation of a bearish move. I'll be trading this one on my main account and trying to make a little profit on the way down.
DYOR.
Dash Short OppurtunityShort on upper trendline touch or breakdown. Stoch RSI cross and bearish hidden div. Target is box
Dash , A great buy opportunity in DASHBTC . Catch it!!Technical analysis:
.DASH/BITCOIN is in a range bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 39.
Trading suggestion:
Price is in the Buy Zone (0.0643 to 0.0580), we would set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (0.0643)
.Ending of entry zone (0.0580)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks).
Take Profits:
TP1= @ 0.0724
TP2= @ 0.0775
TP3= @ 0.0803
TP4= @ 0.0920
TP5= Free
DASH/BTCDash has recently been experiencing some crazy price movement. In the past few weeks, the highs and lows were due to extremely long wicks of the candlesticks. These swings in price are usually a good time to expect the price to retrace back to these levels in a more consistent manner. A few days ago, the price began its decline, following along a trendline quite well until this morning. The price did close slightly above the trendline and created a long upper wick like before. Although, the prices never reached a price above the EMA(20) even on the highs of the candlesticks. Along with the current trend, this leads me to believe that the EMA(20) is being used as a pretty good resistance level right now. If this level is broken, along with the resistance level of 0.064936, I expect the price to continue in the bullish direction due to the indication of a solid bullish reversal. In the past, this 61.8% fib retracement has not been very reliable in terms of creating reversals. An indication of a bearish target is present in the case of this level causing a reversal anyway. Even though the recent bullish candlestick closed above the trendline, if the price creates a reliable bearish candlestick when closing at this period I would still consider this trendline accurate and expect more bearish movement before the actual breakout. The RSI is still relatively low, although, it has been following price action quite well so there is not much that can be told from it aside from the fact that it was oversold last night and a breakout now is possible.
Important Resistance Levels: 0.067250, 0.064936
Important Support Levels: 0.062534, 0.060676
DISCLAIMER
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Written by:
Arham Bheda
Senior Research Analyst
DASH 1000$ ! Traders,
Here we have DASH/USD on the 4 Hour chart.
DASH has been in an up move for some time. Price has been making H&S that can make the price crazy reflect it's value.
Price had an initial low at 377.
Price looks strong and expecting to see the highs soon.
I am expecting Dashcoin to continue with the current upside momentum, and I am expecting a move to at least 850$ in few days.
NOTE:
That's my vision next few days :
-Price continues it's strong momentum to the upside, and hits the upside target at 850 in one strong swing move, small correction retest 750 and mooning again.
GOOD LUCK,
MOHSEN
DASH Inverse Head & Shoulders pattern DASH Inverse Head & Shoulders pattern + good reaction on Fibonacci 0,236 level.
Good profit potencial due to upcoming event in the end of February.
Strong support level at 400$ (look at volume indicator).
Good moment do buy DASH.
Remember also big event on 30.june 2018!
DASH ANALYSIS FEBRUARY 15 , 2018Prices are now in a descending channel and several times a strong resistance level has been tested between 0.07692000 BTC
And 0.07330000 BTC prices rebounded back to a strong support level that has been tested more than once between 0.06330000 BTC and 0.06330000 BTC prices rebounded from it.
There is a bullish sub-line that has been touched. The first possibility is that prices will respect the ascending trend line and penetrate the resistance area we mentioned
Prices gradually go to
0.07692000 BTC
0.07900000 BTC
0.08200000 BTC
0.09100000 BTC
The second possibility is a fall in prices to the support area between 0.06930000 BTC and 0.06330000 BTC
To bounce back prices rise
Keep an eye on DASH. Possible trend reversal towards UPDash is showing signs of a reversal from a downward trend. It broke my trend line on 8th Feb 2018, and is quite possibly bouncing from the upper line today. Moreover, if you look at it's entire history, DASH tends to do this a lot. It fluctuates within a horizontal channel, rising and falling withing that channel.
The pattern looks really good to me, but we would really need to see some signs of reversal of the StochRSI and MACD on the 1D chart, before I can confirm a trend reversal. Hence, the title of the idea is to keep an eye on it. I have already invested a small amount in it and might add more if I see more signs of reversal.
Remember, we are in risky times in terms of the entire market action, so consider this a risky trade and trade it at your own risk.
I will update on this idea as it develops more.
Cheers and good luck!
Tips:
BTC - 1FPLEZw1WXK4ojqap3R1KtXxubDsrLps7g
ETH - 0x080cC01b0abA63Bde5cC535d92F0fEd8722b1678
DASHBTC uptrendThere are a few bullish signs on DASHNBTC right now. On D1 we can see bullish pennant, which was broken upside. On H1 there is bullish MA cross and also we can see the price respecting Andrew's Pitchfork (the lowest line). Im holding my long positions for targets @0.075, @0.089, @0.110.
Dash breaking downtrendDash is breaking downtrend then tagging it and pushing up. On 4 hour RSI is looking good.
I will start counting Elliott waves from this breakout and will use previous support as resistance.
If BTC will continue to hold 8.5k level till the end of the day i believe buyers will step in and push DASH up in nice 3rd Elliott wave.
DASH, Great Buy Trading Opportunity for #DASHBTC, just catch it!Technical analysis:
DASH is in Range bound but Resumption of uptrend is expected.
In Daily chart , A hammer candlestick pattern is formed which is the first sign of the beginning a Bullish Trend.
The price touched the strong downtrend line in Daily Chart. It is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 46 and above a RSI support level .
Trading suggestion:
Price is in the support zone (0.0643 to 0.0580), traders can set orders based on Price Action and expect to reach short-term targets.
.Beginning of entry zone (0.0643)
.Ending of entry zone (0.0580)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take profits:
TP1= @ 0.0724 (First Target)
TP2= @ 0.0775 (second Target)
TP3= @ 0.0920 (Third Target)
TP4= Free (Fourth Target)