DASH/BTC, Bullish BAT pattern, potential 18% moveThis is my 2nd ever chart that Ia m publishing, so I am DEFINITELY NOT A FINANCIAL ADVISOR!
the 0.886 fib coincides with 200 MA on 4 HR, so supplementing with this harmonic, I think it is a sufficient confluence. Keep in mind that after this move, I expect further retrace, so keep a tight SL in case it does not hold (due to something like btc pumping). I was long on it since 5776 and added at 5819, sold 7250ish and planning to rebuy back in and then sell the top of this move to buyback down lower again.
Additionally, I think it is a great longterm HODL (eventhough I think HODLing is stupid, this is one of the few exceptions). It is ranked quite high on CMC and does insane volume and is down about 97% from its ATH in USD, I am currently taking advantage of the swings but it is a coin i have been monitoring the past 2 months.
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Dashbtc
DASH in the maximum financial opportunity zone.Dash is nearing it's cycle lows. It appears that it could reverse from here.
This idea in my head is very simple. We can enter in the green box with a small initial size. If it gets stopped then so be it. If the trend reverses in this area, then you have your targets outlined here.
This is the "notorious" example of limited downside and pretty much-unlimited upside scenario ;)
Will update as we move on
Bullish volume in DASHGod knows what are the reasons, probably many factors together (testnet, burger king, dash moll and etc), but DASH is growing with huge volume support. On that bullish impulse might get to 6930-6950. But already overbought, so that is definitely not the best place to enter long. Rather look for possibility to short it and close that short around 6300 and 6000
DASH/BTC TA Update (Break Trend Channel?)DASH/BTC
DASH is on a strong uptrend coming from low 5300 sats area, DASH is facing a strong resistance or the downward channel of this pattern.
If the price can closed above this trend-line tomorrow, we could see potential rally up to 7000 sats area before making a pullback and form a new Higher Low to change the market trend.
DASH BTC LONGThis one is begging for buy:
- huge green volume
-nice setup: cup and handle pattern forming right now
-about to break out of the falling wedge
-momentum is growing
Not a financial advice, just for informative purpose, do your own research before you take a trade. Good luck with your trades.
DASH/BTC TA Update (Temporary Bottom?)DASH/BTC
A bullish falling wedge pattern broke to the downside inside due to the BTC Dominance pump that happened a few days ago.
DASH has temporarily set a bottom at 5312 sats area and now testing the immediate Daily EMAs.
If DASH can continue higher, areas for potential rejections are between 6310 - 6590 sats regions.
Then we could expect a downtrend action again to comeback retest the previous swing low.
DASH - Bouncing off 2014-15 Support Levels, Ready to Break OutCouple reasons to like DASH right now.
1) The current price action is in a very large, nearly completed falling wedge and is currently testing overhead resistance
2) The daily and weekly RSI levels are 22-23 which are pretty oversold for the macro time-frames
3) The Stoch RSI is also showing oversold and looks ready for a pop upward
4) The MACD is showing strong bullish divergence and support
5) Price is bouncing off of 2014-2015 support levels
Given the oversold conditions and the bullishness of the indicators, I think the price could move quickly once it breaks out beyond resistance. Buy the breakout and hold on.
DASH - Buy the Dip, 15% Target!This is a simple chart. I was looking through my list of alts searching for bargains. I found DASH which has a very nice potential setup. Any time DASH sells off hard, it has a very strong recovery. I think it BTC continues to move sideways the next couple days, DASH could have a very nice recovery at my 15% target level.
DASH Looks good in next few weeks- Comparison with 2016
- Support levels on weekly and above time frame
- Bbands squeezing on weekly
- Bull div
- Falling wedge
- Reversal on 1h time frame yesterday
- Bullish engulfing and good volume on daily tf
- 0.008 is resistance so it may take few days of consolidation and another dip before any major breakout
Not a Financial Advice. Have marked two long setups in chart with stop losses, first is to take some profits after 40-50% pump and then keep the rest open until you 2x your initial investment however keep SL at break even to avoid any loss. DYOR.
Hope you make lots of BTC in 2020!
DASHBTC about to recoverDash has been beyond dead in terms of price action. If you take a look at the chart there is a huge falling wedge, highly likely to be broken upwards, as it is usually happens with wedges. The sell volume is disappearing and big buy volume is appearing. It might still not be the time to get in, but the odds are favouring a breakout towards the upside. It's probably gonna take 1-2 months at least before the wedge breaks, given that each candle represents a month.
taking a look at the MACD, we can see that it's about to paint green. A potential crossover would send this coin to the moon.
Not a big fan of DASH given their premine and the rebrand, but if the coin has upwards potential I'd definitely jump on this.
Let's see how this plays out. Not a financial advice, just an educational post. Do your own research, don't base your trades purely on one TA.
TA is a probability game, nothing is certain.
Is it the beginning of the end or the end of the beginning? #9I am predicting that the price of Bitcoin will hit $50,000 by the end of 2020, while 80% of all other cryptocurrency projects will go to " 0 " , because their value is just speculation, but nothing.
On March 13,2019 (6 Months ago) I pointed out the bear market would be over between Sep 2 and Nov 4,2019 on my
bitcoin tradingview post (Over 24,000 views) . I have been saying it for weeks on my twitter account as well.
I already put over 14 $BTC buy order on alt-coins ( You already know it if you are following me on twitter . If you haven't yet, You should do it right away to catch great tips to make so much crypto profit ) . It has been the best time to accumulate right coins! It reminds me between Nov 2016 - February 2017.
What about Xcoin or Dark coin or Dash? Honestly, I am not hurry to buy this coin right now, but I already put my my order for it. Around 0.005 would be a great level to accumulate for having a masternode!
You would only need 5 - 6 bitcoins to get Dash masternode! It is great!
( I am also closely watching it, It will be good opportunity to buy it when it breaks the downtrend line, Dont forget to put a stop loss at that time)
Annual ROI 6.32%
Enabled Masternodes 4,914
Monthly Income 6 Dash coin
P.S. People ask me why I dont share crypto charts everyday like others?
I am a swing trader not a day trader and I can do charts to cover the next 6 months ( and save me over 60%)
Example :
Look at my last 10 charts such xrp , xlm, mana etc.
PROTIP: There is a right time and a wrong time to buy a crypto, but understanding the difference requires some study.There’s no such thing as being an overnight success! It may not be easy but it will be worth it!
DASH / USD I have been tracking dash/ usd for a month or maybe longer since I took a long around $70 expecting $65 to hold, well that all went to crap and dash lost $65. But more importantly it lost crucial support around $58 and now is in an obvious bear trend just like many alts but should get resolved around $21. If the falling wedge does in fact prove true $21 DASH could be amazing long term hold. For example, 6 months - 5yrs. I would say to hold dash because when BTC topped at $20k DASH was around $1,600. Now I updated BTC and BTC has had a pop this thanksgiving weekend but once markets resume and things return to business as usual I still feel low $5k BTC is inevitable. This lines up with me DASH/USD ETH/USD charts very well.
DASH/BTCAs I look at BTC.D it seems to me that Dom is loosing steam and has lost all 200 EMA's on all time frames from H1-W1 except for D1 for some reason BTC.D remains above 200 ema on the daily?? so I can totally see a retest of the daily 200 ema sitting around 66.4% which is a drop of around 2%. Which is starting to look like it could me money flowing into selected alts like $XTZ and $DASH which are down or flat in USD but up in BTC. So I am still in DASH looking for the H4 200 ema to break and the price to up on the Dom dump