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Dashcoin

Which scenario is true for DASHHello, Traders! Monfex is at your service and today we overview DASH/BTC . On the chart we see a large rising channel or a bear flag . The price now near the channel support and has two scenarios: 1 there will be a breakdown of the flag down and for greater certainty we will consider the level of the red line near 0.00808 . As goals, we take Fibonacci levels of 100% (previous low), 127.20% and 161.80%. 2 a rebound from the support line up by the channel and the first target is the middle line of this channel near 38.2% and 23.6% Fibonacci. The green horizontal line as the flagship of the start of a bullish trend . Perhaps this is the second(2) Elliott Wave (12345). In conclusion, at the moment we are closer to the bearish trend option, but you need to see at chart below, by DASH/USD there is a significant pre-reference to the begin of the bull trend. Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
by Monfex_UK
Dash - When to Buy? The daily timeframe tells us that the market is overbought. It should correct the previous upward movement and that we have solid signals confirming a downward movement. Let's talk about these signals one by one. First of all, the price diverged with RSI and MACD. We got a bearish divergence, which is a trend reversal signal. At least this signal should confirm the correction movement. Also, the market is forming a double top, which also provides a trend reversal signal. This pattern will be confirmed if the price can break the local swing low. RSI drops from the overbought zone. It confirms the reversal from 175.00 resistance level and gives us a bearish signal. MACD lines and histogram support the further downward movement. So, we have two bearish signals from MACD. DMI is bullish and confirms trend market conditions. At the same time, ADX line moves sideways, and it tells us that buyers are not active now. Here is another signal confirming the correction movement. As other top markets, Dash is also the overbought market, and it should be corrected. When can we see the downward movement? How deep will it be? It is just the question of time. The good buying zone will be between SMA100 and the uptrend line. If you like my work, please support it by clicking the LIKE button! Thank you!
BITFINEX:DSHUSD
by DLavrov
2
There is a possibility for the beginning of an uptrend in DSHBTCTechnical analysis: . DASHCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.019200 to 0.016700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.019200) Ending of entry zone (0.016700) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.021800 TP2= @ 0.023500 TP3= @ 0.026500 TP4= @ 0.028800 TP5= @ 0.033100 TP6= @ 0.043300 TP7= @ 0.059900 TP8= Free
Long
by ForecastCity
2
There is a possibility for the beginning of an uptrend in DSHBTCTechnical analysis: . DASHCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.019200 to 0.016700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.019200) Ending of entry zone (0.016700) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.021800 TP2= @ 0.023500 TP3= @ 0.026500 TP4= @ 0.028800 TP5= @ 0.033100 TP6= @ 0.043300 TP7= @ 0.059900 TP8= Free
Long
by ForecastCity
4
A trading opportunity to buy in DSHBTCTechnical analysis: . DashCoin/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.023000 to 0.021000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.023000) Ending of entry zone (0.021000) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.026780 TP2= @ 0.029000 TP3= @ 0.031150 TP4= @ 0.032790 TP5= @ 0.042210 TP6= @ 0.049820 TP7= @ 0.057430 TP8= @ 0.082010 TP9= Free
Long
by ForecastCity
2
DASH HT Long Dash is strong for growth Analytics: DashCoin Dashcoin is Altcoin, which was formed after the active growth of Bitcoin. The cryptocurrency is based on the P2P algorithm, which creates increased reliability and security. At the moment, the cryptocurrency is one of the leading positions in terms of trading volume on the world cryptocurrency exchanges. Unlike bitcoin, Dashcoin requires less energy in mining - mining. The combination of several cryptographic algorithms makes this digital cash an excellent protective asset in which you can invest in the event of Bitcoin depreciation.
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by IgorPorokh