Dashbtc
DASH/USDT Heading to $1500DASH/USDT found support from it's bearish movement at its broader trend line around $925. It has since broken out from $1000 creating a higher low confirming a bullish reversal and continuation of its previous trend line. RSI showing bullish movement. Resistance is located at $1200, target ATH at $1500. Breakout over $1500 possible with volume.
We've seen how sentiment can run the market, you don't have to look to far to find examples of this XRP, XLM(STR), etc. speculation for additions to Coinbase, large companies getting involved and banks teaming up and adopting the technology in the case of Ripple creates FOMO and drives price action hard. I think privacy coins will become a major topic going forward and have the potential to be great play heading into 2018. Dash is a leader in the space and has followed strong bullish trend I'll be looking for it to continue into 2018
DASH Long Term PerspectiveLong-term view of #DASH from an Elliott Wave perspective.
DASHUSD is following the general crypto bull trend upwards and is now in the latter stages of wave (3) of Grand 1, which could take it all the way up to $4K before crashing back down to triple-digit value.
Let's see how this price movement develops over the coming months. Stay tuned.
DASHBTC Market AnalysisA daily summary of the previous day’s market activity and review of current state of market on Cryptos.
Analysis
Daily Time Frame read
On the daily TF after the price breached the green ray we are in overall buyer’s territory and I could see the momentum of buyers is slowing down as they face a resistance near the 0.085 Sats and we got a pull back to do some other buys. I can’t see a buy rite away but I have a bullish perspective and bearish perspective towards this pair. Let’s see how price is behaving on 240H.
240H Time Frame read
On the 240H we can see price is hovering around orange Ray, which acted as a support before and now holding strongly and it took many hours for the price to decide which direction it has to go when correlating with BTC it has strength and thus Dash has weakness, thought this quote currency has weakness it is holding strong near the support. I anticipate buying is coming up.
Entries, Exits
Entry can be above 0.080 Sats and target can be 0.09 Sats.
Entries and exits are tentative I am just reviews the market how it can perform.
Aggressive Entries and Stop loss
If you are quite aggressive in nature and don’t want to lose few Sats then you can enter the trade now and. SL below the wick.
Conservative Entries
If you are conservative in nature then you can enter the trade one we get pullback to the 0.08 Sats and then leaves a wick at the bottom, come up aggressively and then holds there for a bit and then making a miniature HH then you can enter the trade and SL below the wick.
If price don’t come until there leave the trade let it go off, why buying so high. We need pullbacks to buy.
Risk Management
• If you are an aggressive trader you can risk 2% of your capital on this trade.
Tight SL below green ray. Position Size should be calculated based on 2% of the capital/SL by Sats.
RR should be at least 1:2; I am not specifying any targets as of now because the entry is speculative atm.
HODL overnight not more than that because BTC market is speculative atm.
• If you are a Conservative trader you can risk 1% of your capital on this trade.
Wider SL below the wick under the green Ray.
Position Size should be calculated based on 1% of the capital/SL by Sats.
RR should be at least 1:2; I am not specifying any targets as of now because the entry is speculative atm.
HODL overnight not more than that because BTC market is speculative atm.
Trade Management
• Remove 50% of your profit once you make 5% on your investment and make SL to ‘0’ (Aggressive and Conservative entries).
Add few more position once you see a HH and struggling sellers in between the green ray and orange ray (Only conservative entries).
What can go wrong with the market?
If BTC have good strength then trade might go in opposite direction n only once or two candles and comes right back up thus stop hinting will take plac
DASH/BTC buy opportunity DASH/BTC has bounced off 2H 100 SMA to edge higher, intraday bias bullish.
The pair has shown a break out at major trendline resistance at 0.0784.
2H charts shows support for upside, ADX which is above 25 and rising with +ve DMI dominance.
We evidence bullish divergence on RSI which adds to bullish bias.
Immediate resistance is seen at 0.08207 (50% Fib retrace of 0.9200 to 0.0721 fall).
Break above eyes 0.0844 (61.8% Fib) ahead of 0.0875 (July 6th high).
On the downside, 2H 100 SMA is strong support at 0.0746, weakness only on break below.
Support levels - 0.0767 (5-DMA), 0.0746 (2H 100 SMA), 0.0726 (20-DMA), 0.0663 (200-DMA)
Resistance levels - 0.08207 (50% Fib retrace of 0.9200 to 0.0721 fall), 0.0844 (61.8% Fib), 0.0875 (July 6 high)
Good to go long on dips around 0.08, SL: 0.0720, TP: 0.0845/ 0.0875/ 0.0920.
Descending triangle - Breaish or bullish?Hey guys,
as you can see, there's a clear descending triangle on the chart. What does it mean? Well, it's the end of the former uptrend, for now. In the literature, I found this quote, which fits perfect to the current situation.
"There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns. "
How to determine a target price? Simply take the widest distance within the triangle and project it into the future from the triangles breakout point. Due to the fact, that I have no clear breakout point yet, I took the current price level to set my prediction. That could vary a bit based on the breakout point.
If you would like to see more prediction like this one, make sure you follow me on twitter, medium or cryptomus:
- Twitter: twitter.com
- Cryptomus: www.cryptomus.com
- Medium: medium.com
DASH - Good Trade Opportunity DASH - Here is an idea for a trade with potentially good profit. Dash has been doing well. Although the bullish signal is not strong yet, it is a good place/time to set up a trade. Targets, buy area and stop loss along with support zones are given in the chart. Overall, Dash is a strong coin, which has great potential to move upward. I'd say this may be a short and/or midterm trade..
1 - Make sure to wait for confirmation before setting up a trade.
2- Use stop loss to minimize possible risks and losses. Stop loss can be given at 900-1000 range based on your capital management.
3 - Don't be greedy. Collect profits partially at the given targets.
Keep in mind that with the current BTC situation (correction), anything can happen to altcoins. Always be aware of this.
**** This is not a financial advise. Trade at your own risk and always do your own research before setting up a new trade.
DASH/BTCDash is my second winner in my folio in BTC correction.
Even most of time DASH was in -% DASH fight well (blue zone) with correction and show green indicator +% after first signals to BTC trend revelsal. Last downs of BTC (red zone) crushes DASH well but quickly response (green zone) So in my opinion 1. Target on 0.094 should be easy and quite save. 2 Target seems be available too. I give a lot of faith in DASH couse is my friend most liked coin and i get a lot of info about Dash technology and it sounds well. So... Targets are only short term but i belive in DASH and stay for long invest!
1.Google ! If u interest to invest you have to know About DASH
2. Follow Top traders analys
3. Make your own opinion.
Even Warren Buffet can't predict.....
Feel free to comment!
DASH - why I'm getting in on DASHDASH has been in this consolidation channel. It's been knocking on the ceiling of 0.09 three to four times and it managed to break into a little bit, although not much volume supported the push. It's currently making up a pennant. The reason why I'm getting in on DASH now is because of the speculation of DASH being added to Coinbase. This is all a rumor and pure speculation, but if you look at the list of coins on any exchange, DASH and Ripple makes the most sense due to their market cap and the "legitimacy" of their coins. I know I know, Ripple is not decentralized and it doesn't meet GDAX's framework-- but decentralization effort for XRP is on its way. I won't be surprised if this coin gets added to Coinbase. Will new people to Crypto space buy DASH? I would like to think so due to its stableness-- it almost makes it seem like it's an easy "get your feet wet" coin.
Another note I want to make is that as we near next year and onto the new year, we all know CB announced that they'll be adding more coins. People will speculate even further and all sorts of rumors are going to be coming in. DASH is on everyone's mind and it will most likely pump the price even if nothing official has been declared. Ride the sentiment, be aware of what people are flocking to!
Dash Is In The Middle Of A GIGANTIC Symmetrical Triangle!It appears that Dash has been in the middle of a symmetrical triangle for most of 2017 and will continue along within the triangle into 2018. At the current rate we could see a decision around between late Febuary and Mid July. Good coin to watch.
PM me for entries, targets, and custom charts.