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Dashbtc

DASHBTC potentially reversingFor anyone watching DASH, it looks like DASH is challenging downward resistance on DASHUSD, but I think the really interesting thing to watch is DASH/BTC. It looks like the relationship just took a huge dip yesterday but now looks like it could be attemping to reverse direction. Still a bit of a ways to go until it hits the trend line, but there hasn't been such a reversal as such for some time now, so I figured it something to point out for anyone watching Dash. There still needs to be a little more confirmation, but DASH at least came close to the bottom of a potential wedge (green lines) but time will tell if the trend continues. If it does however, it will be interesting if it is able to break through long term resistance (blue lines) anytime soon, but if so, that would be a very positive sign.
by crypto_trends
DASHUSDT (DASH) - UPTREND CONTINUATION ANALYSIS 🔎 - DASHUSDT brokeout above the falling wedge's (FW-1) resistance and hit a swing high. - Price then retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level. - RSI is printing a bullish divergence signal. - The retracement is bounded in a falling wedge pattern (FW-2). - A falling wedge pattern is a bullish reversal pattern. - A breakout above the falling wedge's (FW-2) resistance could be an uptrend continuation signal. BUY ENTRY ⬆️ - Breakout above the falling wedge's (FW-2) resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension levels. SETUP INVALIDATION ❌ -Breakdown below the falling wedge's support.
Long
by Chibuike_Odoh
DASH at a low startWe entered the shopping area. When going up, a pattern of continued growth to the specified price zone will be formed. You can buy back a little, the biggest purchases should be when the price approaches the red line. There is a very good reversal picture on small time frames, look at the clock. The altseason indicator shows that now is the positive period for buying the altseason. Happy trades, friends, and lots of money for you! Donate: USDT (TRX network, no commission): TSDf9xQjLGnUtpw838sHSBXZxG174BM5E7
Long
by cryptator
1
20k DashTo add to my earlier analysis and raise the bar. Dash is probably a month or so behind Ethereum in the market cycle and seems to be mimicking with uncanny accuracy. Ethereum right now shows multiple similarities to bitcoin in early 2017. This is a slightly absurd call on the surface but if you dig a little deeper into Dash's development cycle, fundamentals and general stealth-ness it's more than possible. Two things needs to happen for it to play out. 1. Bitcoin needs to reach north of 200K 2. Dash needs to reclaim it's market capitalisation position amongst the big caps (top ten). Ultimately a big trend reversal on the Dash/BTC chart. If these two things can happen then there is a positive expectancy of 20K! Bitcoins market strength is unreal at the moment. If 2017 is any metric to go buy we will see crypto prices reaching far beyond our imaginations like they did in 2016-2017. No one saw that coming, none of us who were buying in 2016 - early 2017. No one could have ever imagined it would play out as crazy as it did. I'm yoloing into this call and will be averaging my other positions in over the next few weeks. See you at the top, f**king send it.
POLONIEX:DASHUSDLong
by cryptodavinci
21
💡 Don't miss the great buy opportunity in Dash/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00338). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Dash/Bitcoin 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 60. Take Profits: TP1= @ 0.00590 TP2= @ 0.00720 TP3= @ 0.00840 TP4= @ 0.00970 TP5= @ 0.01160 TP6= @ 0.01510 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 ❤️
Long
by ForecastCity_World
17