Dashusd
DASH/BTC TA Update (To the moon?)DASH/BTC
DASH went straight up 80% from Swing Low to the current price.
Be cautious opening Long positions as the RSI hits overbought extreme conditions and no strong support built around 8000 - 9500 sats area.
The only immediate area of confluence I can see is 8000 - 7300 could act as relief bounce or potential build a new area of support
as the EMAs and ascending trend-line coincide in that region. Do not FOMO buy, Please wait for a pullback.
DASH ANALYSISDASH
DASH looks to have bottomed inside a strong support zone, and also formed a smaller head and shoulders. The H&S is not the prettiest set up, but the main points of the head and shoulder individually do match up. The major resistance I expect is at the short term resistance in which we previously saw a major rejection and strong green candle burnout on the daily chart. I expect the 200 MA at T1 of 8580 to be hit and broken followed by another attempt at the short term block. This is located at the main target T2 of 9580 sats. I recommend to take profit here and wait for a cool down / retrace back towards 200 MA to see if this can hold as a new support. DASH is reaching overbought exhaustion on indicators, so keep in mind this last pump up should overextend buyers and cause a fall back quite quickly. Take profit accordingly!
Possible entries: 7920-7980 sats
DASH RELONG AREA HERE!We saw over 10 days rally on dash. It looks like first wave is over and i am expecting correction to the downside which is healthy.
There is triangle formation on B correction. It can be complex correction after C dropdown. (Which is normal also)
I will relong at rectangle. Possible to dropdown trough rectangle area next 1-2 weeks.
IF this coin is too bullish we may not see this levels. There is nothing I can do about it.
Sometimes trades don't come to you. It is part of trading.
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DASH/USD Bullish Flag Technical AnalysisDASHUSD Technical Analysis :-
DASH Current Price is $65.51 USD.
Technical Analysis:- DASH/USD Looking Bull Flag in Daily Chart.
We can Expect Some Upward moment after some Retracement.
$49 Is Very Strong Support.
We can retrace at this point within Some days.
If come this Zone we can buy here.
50 Days MA is Very Strong Support at $48.60
and 200 Days MA is Resistance at $81
Support: $48-$56
Resistance: $75 / $93 / $118 / $137
Don't buy once. Always enter partially in each and every Trade.
Safe game is best Strategy for Trading.
If Daily Candle Close above $71 and Hold Above the Trendline Resistance then we would Go to $100.
Important key Level: If Break down $46-$47 Support Line then we can see new Low and It would be dump till $25-$30.
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Dash GambleRSI is coming off hard from this oversold territory, MACD is crossing up. And if you zoom in we are forming a choppy inverse head and shoulders on the daily. If we break this $60 area we should get a pretty big move It's enough for me to want to roll the dice on this one.
Happy Trading,
-Sherem
DASH/BTC TA Update (Break Trend Channel?)DASH/BTC
DASH is on a strong uptrend coming from low 5300 sats area, DASH is facing a strong resistance or the downward channel of this pattern.
If the price can closed above this trend-line tomorrow, we could see potential rally up to 7000 sats area before making a pullback and form a new Higher Low to change the market trend.
DASH BTC LONGThis one is begging for buy:
- huge green volume
-nice setup: cup and handle pattern forming right now
-about to break out of the falling wedge
-momentum is growing
Not a financial advice, just for informative purpose, do your own research before you take a trade. Good luck with your trades.
DASH/BTC TA Update (Temporary Bottom?)DASH/BTC
A bullish falling wedge pattern broke to the downside inside due to the BTC Dominance pump that happened a few days ago.
DASH has temporarily set a bottom at 5312 sats area and now testing the immediate Daily EMAs.
If DASH can continue higher, areas for potential rejections are between 6310 - 6590 sats regions.
Then we could expect a downtrend action again to comeback retest the previous swing low.
DASHUSD formed bullish Crab | Upto 47% expectedPriceline of Dash / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 56.446 to 49.984
Sell between: 61.450 to 73.570
Regards,
Atif Akbar (moon333)
DASHUSD formed bullish BAT | A good long opportunityPriceline of Dash / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 50.048 to 49.642
Sell between: 51.014 to 52.439
Regards,
Atif Akbar (moon333)
DASH - Bouncing off 2014-15 Support Levels, Ready to Break OutCouple reasons to like DASH right now.
1) The current price action is in a very large, nearly completed falling wedge and is currently testing overhead resistance
2) The daily and weekly RSI levels are 22-23 which are pretty oversold for the macro time-frames
3) The Stoch RSI is also showing oversold and looks ready for a pop upward
4) The MACD is showing strong bullish divergence and support
5) Price is bouncing off of 2014-2015 support levels
Given the oversold conditions and the bullishness of the indicators, I think the price could move quickly once it breaks out beyond resistance. Buy the breakout and hold on.
DASH - Buy the Dip, 15% Target!This is a simple chart. I was looking through my list of alts searching for bargains. I found DASH which has a very nice potential setup. Any time DASH sells off hard, it has a very strong recovery. I think it BTC continues to move sideways the next couple days, DASH could have a very nice recovery at my 15% target level.