DASHBTC - 4H - UpdateDASH reacted strongly to the 0.021 demand level with one of the highest volume days ever! Since then, it has continued to trend higher tapping the demand zone around 0.0255 before resuming its uptrend.
It has run into resistance here and is having trouble closing above this supply zone. If the daily candle can close above here, we can expect a continuation of the trend higher. However, if BTC does continue to breakdown, we can enter a short position on a break of the triangle and target the 2 demand zones below as initial targets.
Stops would be placed above the SFP high on that previous attempt to break above and if we do get a fakeout lower, we could chase the upside move with BTC momentum above 6600!
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Channel Down intact but Triangle in play. Awaiting for break outDASH remains within a Channel Down formation with 1W applying significant selling pressure (MACD = -77.480, B/BP = -59.3039). On 1D however a Triangle has emerged that is keeping the price neutral (RSI @ 50.830, STOCH @ 53.459, ADX @ 13.271, CCI @ 43.9842, Highs/Lows @ 0.0000). We expect 174.20 to be crossed, which will nullify this Triangle and make the price resume the bearish trend of the Channel Down. Our short targets are intact: TP1 = 126.5509 and TP2 = 100.21.
DASH Shows Us Incredible Strength!!Overall, DASH' has shown us as a pretty strong coin. The drops aren't so deep and the recoveries are faster and higher!
Currently, we have two triangles, one is bigger (blue trendlines ) and one is smaller (orange). Over the weekend, DASH' has made a breakout from the smaller triangle and it found a resistance from the round number at $200. At the moment it has started to make a throwback, the throwback is healthy if we find a support from the orange triangle upper trendline. The trendline is supported with several EMA's (50, 100, 200) which all starts to work as supports. Actually, at the moment, this is a pretty rear case that DASH' trades above the all important EMA's on the four-hour chart it is a very strong statement!
If the whole market starts to show us some positive signs then this retest area would be a perfect spot to invest into the DASH' but You have to watch what BTC' does, currently it 'sitting' on the "Descending Triangle" and we are ready to make a breakout from either direction so, the current market situation is a bit risky because we have mixed signs!
If the bounce happens then again we bounce upwards to the round number level and overall this is a pretty strong level to beat. Why? Because:
1. $200 round number works as a resistance
2. July low works as a resistance
3. The trendline since 20.07.2018 works as a resistance
So, a pretty tough level but if we manage to break upwards then the triangle pattern shows us that the next nearest target would be the next 'round number' $250 and definitely we reach there because DASH' has shown almost incredible strength compared to other top altcoins!
...and to give You a bearish view/confirmation, it is simple - at least a four-hour candle close below both triangles will guide us to the lower levels, so watch out if the price reaches into this area (around $175-$180)
Hopefully, those levels and this analysis helped You out a little bit to confirm Your own analysis!
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Breakout tradeRegardless on bitcoin's suspense, DSHUSD is most likely forming a triangle on market.
This trade can be evaluated as rather save deal with good price open and stop level.
DSHUSD is going to decline if BTCUSD corrects on next week.
On other side, UPtrend can drag on that can be reason for DSHUSD rising.
On both ways, you will get some profit with Dash.
Enjoy profit, guys!
DASHUSD - 1D Chart Analysis
Like for the rest of the coins, the bearish trend is applied also for Dashl. Based as well on a decreasing market capitalization, it seems that the price is also searching for a bottom.
Technically speaking, the trend channel seems to be created by the peaks of 292$ and 231$ reached on the 20th of July and the 2nd of September, while the bottoms are 164$ and 127$, values which were reached on the 11th of July, respectively on the 14th of August.
If the price will finish the day below 187$ (the opening price of the candlestick) it means that we will see a red candlestick created below the 20 days Moving Average which can be a nice confirmation of the downtrend.
Both RSI and Stochastic have neutral positions while the MACD Line seems to try crossing the Signal one which can lead us to another bearish signal.
If this scenario gets caught up, the target prices which can be considered are :
* 171$ - Support Level 1
* 159$ - Support Level 2
* 141$ - Support Level 3 (in extension)
Lower High selling pressure. Shorting intact.Following a short lived (non-technical) rise on 4H, DASH has resured the downtrend, on even stronger momentum, as 209.140 is another Lower High on 1D (Highs/Lows = -4.2017). We expect an emphatic test of 156.55, which will reset the currently neutral RSI = 47.724, STOCH = 46.018, ADX = 17.310 back to a bearish action. Our short targets for DASHUSD are intact: TP1 = 126.5509 and TP2 = 100.21.
DASH (DASH/USD) Looks Good Compared to Other ALTS!Currently, DASH' trades above the round number $200. After the massive market drop and after the tough weekend, DASH shows us still positive signs.
First of all the rare case is the EMA's, in the 4h chart we trade above the all important EMA's (50, 100, 200).
If we look at the monthly chart then there we could see that we got a bounce upwards from the 50 EMA which worked as a support and now if the market stays stable for a while then we could beat the blue trendline which is almost the last down-trendline on the DASH' chart!
If we break above the trendline then the next strong area would be around $230. There are the August high point and the area where the price started the last year's rally upwards!
Let's call this area the August high, this strong price level has worked historically very nicely and we can read this area to our key area. After the breakout above this price level could mean that DASH' have good times ahead, we make a new clean higher high and ready to climb upwards!
Currently, the price shows us (even in this tough market situations) very nice price action but if we want to confirm bearish price action then it would be a candle close below the short blue up-trendline. Then we trade above the EMA's, we broke the minor trendline and it made a new short-term lower-low, this means that it 'want's' to go and retest the lower prices around $125!
Hopefully, those level and this analysis helped You out a little bit to confirm Your own analysis!
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Dash Targets
Welcome Back!
Taking a look at the weekly it looks like were finally finished correction.
Market structure points to a falling wedge breakout which would indicate a reversal, as well as, continuation.
These are my targets for the bounce im expecting.
They were calculated by Fibonacci which thus far, Dash has shown to follow quite accurately.
God Bless,
dash head and shoulders patter suggest lower prices were have a very simple head and shoulders pattern.
a lot of how this pattern plays out depends on what btc does!
with lack of real price action in the market news will most likely be the determining factor in upcoming direction
Its been my experience for 1.5 years trading crypto that low vol usually signals lower price because the market is highly subjective and emotional.
prediction: Dash falls with the market but long term Dash does very well
Lower High made. Resuming the downtrend.DASH made its Lower High on the 1D Channel Down (RSI = 44.667, Highs/Lows = -4.5663, B/BP = -34.5288) and has now resumed the downtrend having already broken 166.68. This rejection was on the 0.618 Fibonacci retracement level (288.060), like BTC, so on a 1W Lower High approach, it can be sustainable. For that reason, we are still shorting DASHUSD with TP1 = 126.5509 and TP2 = 100.21.
Mini Alt Season - DASHEntry 171
Stop 147
13% Risk
Targets 77% and 106% Gain
5:1 and 7.5:1 R:R
BTC needs to hold 6450 and 6750-8750 to stay bullish.
Part two only engages if 6750-8750 is held.
**Risk if holding trade to max target should be 13% loss. That's why 18:1 instead of 21:1 R:R**
Any questions welcome
[DASHBTC] Dash Astonishing 15,200%+ Bull Run [333%+ PP]I am looking at Dash (DASH), and man I like this project. I really never knew much about it but people kept on mentioning it over and over until I saw the action on the charts. Dash went on a bull run that latest almost an entire year.
Dash started 2017 with a price as low as $10.40 and went all the way up to $1,596.73... Wow... I know, it sounds incredible... A whooping 15,200%+ increase in price... Here is the proof, take a look at the chart:
Notice that the newly created low at $128 is twelve times higher than the 2017 January low.
DASH is great on Masternodes by the way. We have two masternodes specialist on board on this platform that will help you set up yours. I am planning on setting up 2 masternodes for DASH. This is great passive income. Masternodes is one of the reasons why DASH had such a bull run last year and continues to be such a strong altcoin and project... Let me go straight into the trade since DASHBTC took off before I was able to share this.
Charts, signals & indicators
As you can see from the weekly chart above, DASHUSD went on an incredible bull run and then erased most of its gains. Now, it seems that DASHBTC hit bottom and it is ready to start a new trend. A new run. Let's take a look at the daily and weekly charts and what the signals, candlesticks and indicators are telling us.
- We have the weekly chart which is showing an obvious strong bounce and now we are challenging EMA10, EMA200 and SMA200 on that time frame, which are the yellow, brown and blue line from bottom to top on the chart.
- This week also has the highest volume since February, so this is definitely the start of something good for those who want to buy and trade DASHBTC for profits.
- As for the daily chart, we can see all the indicators going bullish, MACD, RSI and STOCH.
- We can see very, very strong bullish divergence on the MACD, which has been building up for months.
- And we also have several strong bullish candles now breaking above the MA lines. We haven't traded above these "lines" since April. These are positive bullish signals.
- Good volume on the daily as well...
Trade instructions for Alan Masters supporters
Buy in: 0.028 - 0.030
Targets for Alan Masters Trades
(1) 0.0334
(2) 0.0408
Note: Dash is a great project. You can hold this altcoin long term.
More targets available to Alan Masters Trades PREMIUM supporters.
Stop loss: Close below 0.023 on the weekly time frame.
Next support: 0.0210 (This is where DASHBTC would find support if the price starts to move down. This is useful to buy back in if you use a stop loss or if you want to rebuy and reload.
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