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DASHUSDT

Dash Entry LevelsThe market bounced from the 200.00 resistance level and dropped to Tenkan line of Ichimoku indicator. We have a price reversal from this line at it's a buy signal. DMI confirms trend market conditions and allows trading. We could buy above 196.00 level, but 200.00 resistance level is near our entry. This resistance can stop the possible upward movement. That's why we should wait when the market can break this resistance level and give us additional confirmation for the upward movement. So, long trades should be opened based on a breakout signal above 200.00 level. Stop orders for these trades must be placed below 180.00 level. Profit target should be at 220.00 resistance level. Other variant for price movement. If the market can't pass trough 200.00 level, probably we'll see a downward movement. New buying levels can be near the uptrend line, Kijun line, the kumo. Don't forget to get a confirmed reversal signal before opening long trades.
Long
by DLavrov
5
Dash Trading IdeaPrice bounced from MA100 and 120.00 support level. RSI confirms price reversal. MACD shows an upward movement. But DMI confirms a downward movement. If you want to get an additional confirmation for this upward movement, you should wait for ADX line reversal. We have buy opportunity and we can open long trades higher than 150.00 level. Stop orders for these trades must be below 118.00 level. Profit target can be at 200.00 resistance level or you can hold the trades in long term. Don't forget that the markets still can drop to new lows. That's why you should not trade big volume.
Long
by DLavrov
3
Dash Buy OpportunityPrice diverges with RSI and MACD histogram. It's a bullis divergence and a signal confirming price reversal with possible upward movement. We can see that the market is going to bounce from the support level. RSI and a bullish candle confirm price reversal. MACD histogram confirms upward movement. We have buy opportunity. If price breaks 160.00 resistance level, we'll be able to buy with stop below 140.00 support level. Profit targets are 180.00 and 200.00 resistance levels. In order to get one more confirmation for buying, it will be better to wait when ADX line starts falling. Don't forget that the markets are not stable. Use small volume for trading and follow proper money management strategies.
Long
by DLavrov
7
Dash Trading IdeaThe market can fall from 200.00 resistance level. MACD histogram confirms down movement. ADX line of DMI indicator is below 20 and we should not expect for strong up movement. It's possiable that the market will drop to 160.00 support level and MA50. It will be the 1st reversal zone. We'll be able to open long trades based on a confirmed reversal signal. But also, the market has potential for falling to the 2nd reversal zone near 140.00 support level. As for MA100 it will be an additional support line for possible buying. Stop orders for all long trades must be placed below the support levels. Profit targets should be at 200.00 resistance level.
by DLavrov
7
Dash Long OpportunityPrice bounced from the uptrend line. RSI confirmed price reversal and we got potential for up movement. DMI shows trend market conditions and allows trading. We can buy from the market but 200.00 resistance level is a barrier for possible up movement. That's why it's better to use buy-stop orders for entry higher than this resistance level. Place buy-stop orders at 205.00 with stop below 180.00 level. Profit target for long trades should be at 220.00-225.00 levels.
Long
by DLavrov
8
Dash When to BuyDash made good upward movement and if you opened long trades based on the previous buy signal, you must be in profit. But what about new buy signals and entry levels? If we look at the daily chart we can see that the market is too far from the uptrend lines. It means that buying on such high levels it's not a good idea. We have to wait for price correction to possible reversal zones and open buy trades based on confirmed reversal signals. The levels, where the market can reverse after correction, are the uptrend line 1, the support levels and the uptrend line 2. Buying from these levels will give you good potential for up movement.
Long
by DLavrov
9
Dash Buy SignalBased on the 4H chart we can see that price broke the downtrend line. It's a signal that the market probably is going to move higher. We have long opportunity and a possible entry level higher than 182.500. If the maket reaches this level, we'll open long trades with stop orders below the uptrend line and profit target near the resistance zone. We also have to watch for DMI indicator. When ADX line of this indicator rises higher than 20, we'll have confirmation of trend market conditions and the up movement.
Long
by DLavrov
23