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Dash / Bitcoin

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DASHBTC trade ideas

DASH is testing historic key levels-Wants To Go UpBINANCE:DASHBTC Looks Primed to go up but it needs more volatility. Wait for daily candle flip then its clear to get in. We are testing 100 DMA on the daily. And overall action looks similar to January levels. Tk Cross is taking place on today's daily candle. If it keeps gets traction then we can target EMA 200 and EMA 300. Tip:Take most of targets at first tp zones. you can trail them up to final TP point which is a long term target. Always use stop loss and never bet more than you can afford to lose This idea for educational purposes to help you in decision making. Happy trading
Long
by CognitoBTC
The end of the retrace? New Bull run incoming?After blowing up in January 2020, DASH has been underperforming against BTC. It is often hard for an altcoin to consolidate after a 200% increase. During the past year, DASH retraced almost all its pump and reached a zone of support. This zone is quite apparent. Last time the price broke this zone, it went straight up. On the other hand, we can draw a resistance trendline (in blue). This line is pushing DASH price down. Once the price breaks this line, it is highly possible to see an uptrend. We identified a few resistance levels we can identify with black horizontal lines. Our strategy is to buy the breakout of the blue line, or accumulate some DASH in the blue zone, and to sell it when it reaches 0.0098, 0.0115 and 0.0131 btc.
Long
by NovaBlocks
DASH / BTC - an expected breakthrough but to where?I've been monitoring Dash the past weeks and I see a huge potential, especially as it seems a bit left off from the rest of the alt rally that we have been witnessing. The diagram shows a very weird progression since the last impulse and I've been pondering where the fuck to place the abc correction so there are 2 possibilities in the short term: 1. Either we have set the C wave and we should expect an upwards impulse or 2. We are in the C wave now and after it finishes above the start of A wave, we would have a down impulse to set the bigger C wave from where we should shoot up. So either way, I had entered previously at about 75k btc and will ride to the circled zone from where we should scrutinize the price action and determine whether we continue up or go down to complete C wave. External factors: BTC/ SPX correlation seems to have cooled off and BTC is a big boy again doing its own thing but still - I am short Nasdaq for a while which means that the overall market may tank, if it takes BTC with it, confidence in alts could go away and we will go in the red. So keep it a quick trade with a bit more looking after the position.
Long
by badbeatnuts
2