DASH/BTC - Eyeing That 1,000$ Psychological MarkDASH has been exceedingly bullish recently, after building a solid consolidation base around 280$ region earlier in Nov.
The dash/btc pair show a nice Bull Trap slightly under 0.04btc, right before price took off to current highs.
That's a pretty strong indication of a potential new breakout/ATH ahead ;)
Strong technical bullishness, building on the favorable fundamental news of soon-to-launch DASH Pay / DASH Evolution platform = More Room for UP!! :D
Trade with caution on steep uptrend, especially with multiple BTC forks incoming, expect volatility ahead.
HAPPY TRADING! \(^o^)/
Dashbtc
DASH/BTC - Next Target 0.095-0.096BTC or 1,000$ Mark DASH has been exceedingly bullish recently, after building a solid consolidation base around 280$ region earlier in Nov.
The dash/btc pair show a nice Bull Trap slightly under 0.04btc, right before price took off to current highs.
That's a pretty strong indication of a potential new breakout/ATH ahead ;)
Strong technical bullishness, building on the favorable fundamental news of soon-to-launch DASH Pay / DASH Evolution platform = More Room for UP!! :D
Trade with caution on steep uptrend, especially with multiple BTC forks incoming, expect volatility ahead.
HAPPY TRADING! \(^o^)/
Dash rolling up the right stuff, must have in portfolio!Forget about Potcoin, Dash is for you pot heads out there!
But also for your regular joe, Dash is penetrating the market from most angles.
Fundamental
While I am writing this up something came along and I need to go, so will have to fill in my thoughts on Dash's fundamentals later. I'll post a comment later on.
Technical
Same as above.
Numbers
Buy - 470 USD
First Sell - 640 USD
Second Sell - 880 USD
Stop Loss - Below 400 Support
DASHBTC LongSwing Trade (D, 240)
On daily price is in Overall Buyers territory. On trading time frame the recent seller is taken away by the buyers with lots of power and the price shows that it can't make a LL as it leaves a probe or spike at the bottom. This is a conservative entry and proper Risk Management needs to be taken. As we are correlating with BTC, it has a good strength and that is one of the minus point.
Entry: 0.0746599
TP: 0.00000736
Stop loss: 0.083
Position Size: 1% Risk on your capital/4584.95
Risk/Reward: 1:1 So, minimum RR.
If TP is hit then we will be at 10% profit.
Buy from Sellers and Sell from Buyers.
BTC capital outflow & cross currency arbitrage hypothesisA number of currencies are trending in an inverse price correlation on BTC price drop and accentuated correlation on rise. With BTC dominance (% share of crypto currency market capitalization) decreasing incrementally, this could present an opportunity to capitalize on certain digital assets. This model presents a test-bed for BTC capital outflow and cross currency arbitrage.
Bitcoin capital outflow hypothesis: DASH, BCC, Monero and ETC DASH, BCC, XMR & ETC trending in an inverse price correlation on BTC drop and accentuated correlation on rise. With Bitcoins dominance (% share of crypto currency market capitalization) decreasing incrementally this could present an opportunity to capitalize on certain digital assets. This model presents a test-bed for BTC capital outflow.
DASHBTC Gann Fan of 2017 and Beyond...Lots going on with DASH right now
trying out the Gann Fan across 2017 on the 1Day chart
plz let me know if i got it wrong......
4hr chat show the double bottom reversal and up channel leading to the breakout, support is there to take DASH much higher into 2018 (well the miners wont sell ASIC's if there ROI is 6 years :P
retrace will bring a good chance to get in this one with very little risk, though still use proper risk management!
gratz to anyone in a long from that double bottom zone