Dashbtc
PIVX = Dash2.0 + Zerocoin PIVX (Private Instant Verified Transaction), has rolled out its highly anticipated new core wallet v3.0.0 that includes support for a next-generation proof of stake privacy solution utilizing Zerocoin protocol (zPIV). Earlier this month PIVX made history by being the first POS (proof of stake) digital currency to implement a fully private and anonymous transaction protocol.
-The PIVX Core wallet will provide a fully decentralized and anonymous exchange for zPIV and Bitcoin.
- iOS Mobile Wallet
Awaiting the dandelion protocol Integration: Dandelion Protocol makes senders IP addresses virtually untraceable
Dash fails to move above multiple resistance levelsIn the recent days, Dash failed to move above the multiple resistance levels, namely: horizontal resistance line near 0.4220, 100 DMA around 0.4660 as well as trend line resistance (previous support) that currently comes at 0.4800. The confluence of resistance levels keeps the price intact below the key trading block in the 0.42-0.48 range. Furthermore, a falling trend line is currently in the low 0.40s and creates additional headache for bulls.
Downside levels to be watched are 0.3660 - horizontal support, additional layer (previous low) around 0.3400 as well as recent multi-month low around 0.2245. As ti stands now, the price will continue to push lower as bulls fail to push the price higher. If you entertain the idea to go long Dash than our advise will be to start building your long position within the trading block connecting two support lines 0.34-0.36 with stops below.
Another quick DASH through falling knivesHopefully you preserved much capital with my bollinger band squeeze warning last week. I see it possibly could be spent, and due for a little snap back rally. I have entered another short term bullish trade on Dash. As stated in my last bullish trade, I'm still not convinced the bottom is in in the overall market. But here is my explanation of the new trade.
1)I like to look for long trades when RSI has a double bottom in the relatively extreme 20-30 range (conversely, exit trades in the 70-80 range). This becomes more attractive to me when there is either divergence, or the second low in price is drastic relative to the second RSI low. In this case, I'm looking at RSI under 21 on May 28 at $285 DASHUSD. Then RSI over 24 on June 11 28 at $259. And the more recent RSI near 32 with price under $250. It qualifies to grab my attention.
2) We are on the 100MA on the weekly right now!
3) We are at substantial support from October 2017 before the last rocket launch.
4) The price of DASH is just outside the bottom of the bollinger bands . Which can help with any snapback similar to the action from May 12 and my last published trade May 28.
5) MACD divergence.... self explanatory.
Stop $235
Buy $251
Target 1: $285 (1:2.1)
or 100 MA on the 3 hr chart
Target 2: $315 (1:4)
IF half of position is exited at first target, and half at second target, this trade will net 3R.
This is a tight stop, because if this is the final carnage, then it could run quick...but conditions warrant a nice pop here before (if) that happens. This is my trade, tailor your own trade with your own analysis.
Do you agree with this setup? Did you use different price levels? Feel free to comment what you are seeing. Thanks for viewing.
-Travis
JMJ - UIOGD
Prepare for a bull price bounceAs I do believe in Bitcoin manipulation there is a good chance to get some good buy of DASH BTC
I am making a conservative bull run prediction. If we will go down, we suppose to make next leg down to try bottom, SL is a must, but I prefer leave some space for it.
There is a pretty good chance that we will stay in consolidation and bounce to new bull run.
WITH A DASH OF NITRODASH - Did you forget about dash?
Many believe that older altcoins have had their day, and there's nothing left in them, nothing could be further from the truth.
If you prefer to buy and hold consider dash after your own research and risk analysis. I'll keep short and simple.
Here is a daily chart giving us an inverted Cup & Handle pattern.
Long term potential x10
HODL ON
$DASH , Saved or Sell Off
Weekly
Looking at our highest timeframe we see price has been in an aggressive downtrend since forming our all-time high back in March of 2017. Stochastic RSI showing momentum continuing towards the downside, price making it’s way towards our last major support if we do not hold at this level expect a drop towards 2750000 satoshis.
Daily
Shifting over to our pattern timeframe we see price respecting a minor downtrend inside of our major downtrend. Lower high formed recently at our 4350000 satoshis, expecting a lower low to form near our 3500000 zone. A daily close above 4350000 activates our trade, however if we close below 4000000 expect a drop towards 3500000.
4Hour
Finally looking over at our trigger timeframe we see price has broke out of its small downtrend and is currently testing for support. A close below our blue line and expect a drop towards 3500000, however a 4hour close above 4100000 indicates support has been found.
Conclusion
Wait For A Daily Close Above 4100000
DASH/BTC rebound still possibleDASH/BTC posted humble gains today and continues to be under high selling pressure after the failure to reach the 50% line of the ascending pitchfork. It could still increase if stays above the 0.04018414 static support and within the minor ascending pitchfork's body. Right now is retesting the 50% line of the descending pitchfork, so only a rejection from here it will attract the buyers again. A valid breakdown below the 0.03993329 low will confirm a further drop.
A trading opportunity to buy in Dash is near...Technical analysis:
. DASH/BITCOIN is in a downtrend and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI downtrend #1 is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0402 to 0.0366). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0402)
Ending of entry zone (0.0366)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0457
TP2= @ 0.0502
TP3= @ 0.0571
TP4= @ 0.0630
TP5= @ 0.0721
TP6= @ 0.0920
TP7= @ 0.0972
TP8= Free
A trading opportunity to buy in Dash is near...Technical analysis:
. DASH/BITCOIN is in a downtrend and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI downtrend #1 is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0402 to 0.0366). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0402)
Ending of entry zone (0.0366)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0457
TP2= @ 0.0502
TP3= @ 0.0571
TP4= @ 0.0630
TP5= @ 0.0721
TP6= @ 0.0920
TP7= @ 0.0972
TP8= Free
DASH/BTC turned to the upsideDASH/BTC rallied and seems determined to approach and reache fresh new highs in the upcoming days. The failure to reach and retest the lower median line of the down channel signaled a rebound on the short term. It should reach at least the 50% lines and the upside line of the down channel. Actually it should be attracted by the confluence area formed by the mentioned resistance lines.
Dash Coin is ready to breakout !! Dash is almost at the bottom.
From past 5 months , the DASH is dumping hard.
Now the price is at buying zone. In past the price was going to moon from this level.
Chart already looks great to breakout, because
Falling Triangle Pattern, which is a bullish reversal pattern.
RSI is almost nearly to oversold zone..
But the price needs to break this resistance trendline to start its rally..
So there is a lot of chances that, DASH starts its bull run..
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Disclaimer:
I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
" Be Happy, Be Disciplined & Keep Smiling "
DASH/BTC undecidedDASh/BTC stays right above the lower median line (lml) of the minor ascending pitchfork and above the 0.03994812 swing low.
The perspective remains bearish on the short term as long as the rate remains within the down channel. Only a breakout from the down channel will send the rate towards the 50% line again. A valid breakdown below the 0.03994812 level will extend the sell-off