DASHBTC trade ideas
DIGITAL ALPHA Update - Get ready to DashGood Day everybody! This is DA Bull here from DIGITAL ALPHA showing you a coin that we have been watching for almost a month now! We are very excited to let you know about it. The coin here is DASH and we are looking at gains from 90-150% depending on when the breakout occurs.
Currently DASH is testing the 0.382 fib level. Historically it has dipped below this fib level 4 times. 3 out of 4 times the price then tested the 0.786 fib level. We believe this time around we will test that fib level again. The indicators are showing great potential.
EMA 55/89 crossing - last time we saw 100% gains in 5 days when this happened
MACD is at a low - last two time we hit this level we tested 0.786
Volume is low - the is important when attempting to see if a descending wedge is in play
Currently we are still monitoring DASH. We will not be recommending a buy until two things happen. First, the price dips below 0.382 fib level. The second, is a one day close below this line with a green candle. So keep DASH in mind as it might be one of the first coins to pop after BTC rebounds.
Thank you everybody for taking a gander here. You will soon sign us talking about some more coins like this with 100% gain potential. We are watching them all closely and are waiting for BTC to rebound. So everybody get ready!
DA Bull signing off.
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As always - DYOR
Digital Alpha is not a licensed financial planner, financial advisor, stock broker, investment broker, or investment advisor. Before making any trades, check with a financial planner, investment advisor, tax advisor, or anyone else that controls your finances to make sure trading is right for you. The information provided here should not be construed as individual investment advice. All information presented on this site is the opinion of the author only and is not a solicitation to buy, sell, or hold any investment or security of any kind.
DASH UP?The 1D chart looks to be in a triangle shape and should move up to 0.061. I still do not see volume so that this grow is very slow. What's your opinion about it? Thanks.
Here my previous analysis as well:
DASH ShortTrading below pivot.
Bear trend.
Low volume. BTC thrashing.
Swing high on second touch of pivot resistance.
Fuck you DASH.
DASH BREAKING TRIANGOLE AND UP!Hello guys, DASH coin seems now to be on the strong upper trend also in the 30 min frame. I think the value will increase and this can be good opportunity to catch. Volumes still has to grow, but I think it's gonna be fine!
Long DASH/BTC @ 0.054520 Take Profit at 0.69438 Long DASH/BTC @ 0.054520
Take Profit at 0.69438
Oversold RSI
MACD Crossing, Elliot Wave Count Down Finish.
Long Play
knife catching all spots under 061666extremely healthy symmetrical flag consolidation, great fundamentals, diverse exchange/ market exposure
Dash or crashokay i find this one a little tough to project on just yet. however i think we can make some short term assessments based on the support lines we have had. if we look back over the past days we can see a discernible top line. the bottom line is harder to pin point on this one as the fluctuation have been all over the place. I do think if the current trend line holds that we could see an upturn in the near future. CCI and VWAP both are starting to trend in the right direction. My concern though is the lack of support on the bottom of the triangle drawn. If the course follows this line we should seen an upturn in the near future. given how hard some of the resistance has been This one could be tricky to project.
0.61 Fib bounce, Higher lowTrade example setup for mid/short term trend:
-0.61 Fib bounce
-Higher low
DASH what I like...Another good indicator found in DASH... Latest update, First Crypto ETF to Establish DASH Masternode , Distribute Rewards as Dividends to Token Holders!!
DASH/ BTC - Looking at 2 hour timeframe, as indicated a good volume and possible pull up shows on the RSI after the ovebought. If I place a trade now, I could actually enter at 0.540sat and exit at;
Short;
0.064sat (tentatively at March 07)
Long;
0.075 (possible maybe at March 15-18)
Disclaimer; Please be reminded that ALL information provided above is all tentatively and no assurance. NOT an Investment advise and only intended for educational purposes. DO YOUR OWN RESEARCH...
DASH is CASH! Sooner than later.We can see a nice pullback to the ~0.052 area as btc is on it's way for a correction which gives us a nice buying opportunity. The target after buying around the green box is around that 0.5 fibo /~0.065btc/, which gives about 25-30% profit /depending on the entry/.
Dash nearing target box - small bullish divergenceDash is weakening vs BTC and is heading into the long standing support / accumulation zone, however. on the 4-hr RSI is showing a bullish divergence. Waiting for the volume to show up.
Dash may be moving lower - sell and buy back more for holders. For those that have look at any of my past analysis, I like to use simple trend analysis, support/resistance to draw conclusions. I find that the more convoluted your indicators, the more confusing the entries and exits become. Plus trading is a process of mastery that requires thousands of hours dedication - if you're constantly looking at complex drawings, it's harder to get REALLY good at the simple stuff.
Anyway, with DASH, I wrongly called a short back at 0.068 a couple of weeks back, but it went higher. I wish I hadn't closed that short trade because it proved correct after all. Now, it seems like DASH is setting up for a continuation of a bearish move. I'll be trading this one on my main account and trying to make a little profit on the way down.
DYOR.
