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DASHUSDT

Dash Buy SignalThe price bounces from SMA20 and a support zone formed by 320.00 and 300.00 levels. RSI and a reversal candlestick pattern confirm price reversal. DMI allows open long trades. MACD confirms downward movement, but we can trade based on the previous signals. If you want to get more reliable signal, you should wait for MACD histogram reversal. For other traders, pending orders for buy must be placed at 337.00 level with stop orders at 275.00 level. Profit target should be near 400.00 resistance level. If the market drops below 300.00 support level, the next buy signal will be near SMA50.
Long
by DLavrov
9
Dash How to TradeThe price bounces from 400.00 resistance level. RSI and a strong bearish candle confirm price reversal. MACD histogram supports downward movement. The market is going to move downward and give us new trading opportunities. We'll have to watch for price action near SMA20 and 320.00 support level. If the price bounces from these levels, it will be possible to open long trades. Also the same goes about SMA50. Just don't forget that long trades must be opened based on confirmed reversal signals.
by DLavrov
1
Dash Buy OpportunityIf the market bounces from 350.00 support level and moves above the kumo, we should expect for further upward movement. DMI indicator shows range market conditions and it’s not a good idea to use trend following strategies. But ADX line rises and probably it will confirm the beginning of a new price movement. It’s possible to place pending orders for buy above the local swing high at 365.00 level. Stop orders must be at 345.00 level. Profit target should be near 400.00 resistance level. This is not the perfect trading signal, but it can be a variant for catching possible upward movement on time. If the price drops below the kumo, buy orders must be deleted.
Long
by DLavrov
20
Dash Short Term TradeBased on the 1H chart we can see a short consolidation. DMI confirms range market conditions. We should expect for a strong price movement after a period of low volatility. As the price is above the kumo, we have to buy only. Pending orders can be placed above 300.50 level. If the price breaks this level, we'll get an additional confirmation that the market is going to move upward. Stop orders must be placed below 285.00 level. Profit target should be 318.00 level.
Long
by DLavrov
11
Dash Flag Chart PatternBased on the daily chart of Dash we can see a flag chart pattern. It's a short-term continuation pattern which shows a small consolidation before the previous movement resumes. We should expect for a price breakout above the resistance line of this pattern. Pending orders for buy can be placed at 284.00 level with stop orders below 258.50 level. Profit targets should be at 318.00 and 370.00 levels. If the market drops below the support levels, it will be better to delete buy orders and wait for a new trading signal.
Long
by DLavrov
11
Dash Buy OpportunityThe market bounces from the uptrend line and 224.00 support level. RSI confirms price reversal. If the market could not break this support zone formed by the uptrend line and 224.00-216.00 support levels, it means we must be ready to join a possible upward movement. Pending orders for buy should be placed above 236.00 level. If the market moves higher than this local swing high, we'll get an additional confirmation of the further upward movement. Stop orders should be placed below 215.00 level. Profit targets should be at 250.00 and 260.00 levels.
Long
by DLavrov
19
Dash Trading IdeaDouble Top chart pattern and a bearish divergence give a solid signal that the market has potential for downward movement. We can see that price is at MA50 which is a possible reversal line. But we don't have fundamental support for the market and probably we'll see further falling. MACD histogram confirms downward movement. We have to focus on a reversal zone which is formed by MA100 and 140.00 support level. If the market bounces from this zone, we'll have good buy opportunity. RSI will have to confirm price reversal. MACD will have to reverse and support the upward movement too. DMI confirms range market conditions now, and we should not expect for strong price movements. But the downward slide of the market to the reversal zone, it's possible and we'll have to be ready open long trades based on a confirmed reversal signal.
by DLavrov
6
Dash LongI haven't posted a trade idea in a while but the charts keep progressing. I like to keep my charts simple. Bitcoin is a 1st gen crypto, sending value p2p. ETH being a 2nd gen, smart contracts. Dash - Send value p2p, smart contracts, governance/treasury I dont have any specific entry points or even timeframes of when I expect another large move higher, but here is my opinion. 1) Cryptos tend to move the extreme ends of the technicals. 2) Dash is holding very well its strong lower up trend and also has a steep higher uptrend that I am watching. 3) Dash sets out to solve lots of real world issues that bitcoin cannot do because there is no governance model. This governance is a big strength, but could also just as easily be a weakness. 4) if the above is holds true, the upper trend line will hold Time frame: Its hard to determine this stuff right now because bitcoin is in flux, actually usage of cryptos(Transaction growth) is very very low for alt coins, with ETH, LTC, and Dash being the leaders in alt transaction volume, but is still anemic compared to bitcoin. So things like general public adoption is still a ways away, but closer now than ever. So Dash is largely speculative, but will be a very powerful tool, platform, financial services and more, once the market cap grows significantly and actual usage increases by multiple orders of magnitude. Technical patterns. I see an inverse head and shoulders almost complete, with the head being the dip to the $120 area and respecting the support level very cleanly and precisely. So I doubt we will ever see prices below $120 again, and even $150 is probably out of the question also. The upper trendline has dash pointing to above $240-$360, and could go higher. Investment opportunities: Dash Masternode. Requires 1000 coins, and will earn about 8%/year. That said, the large investors are building substantial positions when the liquidity provides for large purchases of this rare coin, with less 7.5million coins, and there are already 4000+ masternodes on the network, so at least 4mil coins are tied up, with the end goal of about 90% of the coins to be tied up in masternodes making the coin very rare. Roadmap: www.cryptocoinsnews.com Scaling, privacy, speed. Dash has coinjoin implemented on the protocol level so no need for trusting 3rd parties. Dash has thorough scaling plan. Masternodes facilitate instant send by locking the ?outputs?or?inputs? of the transaction. Dash will be implementing Segwit, just on its own terms, it is not needed yet, or technically ever as the price to transact would just increase if blocks got full, but high transaction prices obviously will hurt the growth any coin so a solution to keep cost low is important Masternodes: Get to vote on how the treasury is spent. Unlike bitcoin where the miners get 100% of the block reward, Dash miners get 45% Masternodes get 45% and 10% goes to the treasury, and the master nodes get to vote on how it is spent and the future of the code. As the price of the coin increases so does the budget to hire developers, which will help keep dash way ahead of the curve. Dont quote me on this, but I recall reading dash also has plans to introduce multiple mining scripts to prevent any sort of hostile takeover of the network to keep it secure and decentralized, similar to Digibytes. Dash will compete with ETH for a scalable smart contract platform. For many reasons I see dash as a very powerful coin who's projects will see implementation and usage long before many other smaller altcoins. Dash is a gold rush coin. Anything under $200 is a strong buy in my opinion. Going into august and into the fall, I expect fireworks to be going off throughout the crypto world. Dash and litecoin are expected(according to Webbot Reports) to explode over the next few months. usd Good luck trading and investing.
Long
by Padlomfaan