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Dashcoin

Will Dash Coin Breakout The Channel’s Resistance ???In my previous article about the Dash coin we have seen that the price action completed a bullish Shark pattern on 2 day chart and it was gearing up. Now currently price action is entered in the Fibonacci projection of C to D leg from 0.382 to 0.786 level. Therefore in today's post we will try to understand where the price action can move next. Movement in a down channel and moon phases: If we take a look on the daily chart then the price action has formed a down channel. At this time the price action is at the resistance of the channel and being consolidated at certain level. Now there is a possibility that the priceline of Dash coin will turn bullish again from this level for the breakout. Because if we watch the moon phases indicator then full moon is above the resistance. That is indication that it can be easy for the priceline to breakout or at least it can hit a spike up to the level of the full moon. But if the price action will be rejected by the resistance then it can move down at the support of the channel as well. After rejection the priceline did not touch the previous support: After being rejected by the resistance of 85 dollars the price action is again moving up without touching the support at $60. After $60 support we the last support is at $38.16. And in case of breakout the Dash coin has next resistance at $100. And incase of breaking out the $100 the next resistance levels would be $130 and $170. Movement In falling wedge, SMAs and volume profile: Now I would like to show you again if falling wedge pattern that has been formed on the weekly chart. Iit can be easily observed that after getting bounced from the support of this wedge pattern the price action so far did not reach at the resistance. The priceline of Dash coin has 50 and 25 simple moving average resistances. However, at this time the price line is moving at the level where as per volume profile the trader’s interest is strong. Therefore there is a possibility that the price action can move up. But at the resistance of the wedge the trader’s interest is low and we have a 100 simple moving average strong resistance as well. Therefore there are strong chances that if the pricline of Dash will be reached at the resistance then it will be rejected again. Conclusion: As the price action has formed a bullish Shark pattern and started a bullish move from the potential reversal zone. Therefore we can expect that soon it will be reached at the resistance of the wedge that has been formed on the weekly chart, however, there are also chances that if the price action will be rejected by the resistance of the channel on daily chart then it can started another bearish rally.
KRAKEN:DASHUSD
by moon333
1
DASHUSD is gearing upHi friends hope you are going well and welcome to the new update on Dash coin. Recently the Dash coin has completed the Shark pattern and after entering in potential reversal zone as per Fibonacci sequence it took bullish divergence and moving up. Support and resistance levels for Dash: At this time the priceline of Dash coin is moving between the 60 dollar support and 85 dollar resistance level. If the $60 support level will be broken down then next support will be $38.16 and if $85 resistance level will be broken out then the next resistance level will be $100. Tthis is also a strong resistance because the priceline is not able to breakout this $100 resistance since after it was broken down in August 2019. Then next resistance level would be at $130 and after that $170. A big falling wedge pattern and volume profile: On the long-term weekly chart the price action is moving in a falling wedge. In March 2020 the price action is bounced from the support and at this time it is moving at the center of the wedge pattern. If we watch the volume profile of the complete price action of Dash coin moving within this pattern then it can be easily seen that the point of control of the volume profile is at the same level where the price action is moving at this time. And this is the basic reason the price action is not moving up and down even it is moving around this POC level. A big BAT move: Now I would like to draw your attention towards my post that I published on 22nd of March 2020. Where I revealed that on 4 day chart the price action of Dash coin has completed the formation of bullish BAT pattern. Now from the potential reversal zone the price action has started moving up at this time it is moving above this PRZ level. As per Fibonacci sequence of bullish BAT the buying and sell targets can be as below Potential reversal or buying zone: $63.13 up to $51.45 Fibonacci projection or sell zone: $91 and ends up to $132.92 Conclusion: The price action has already bounced from the support of falling wedge pattern. And recently it has taken another bullish divergence from the potential reversal zone of bullish Shark pattern. Therefore we can expect soon the price action will move more up on long term and it will enter the Fibonacci projection area of bullish BAT.
KRAKEN:DASHUSDLong
by moon333
Dash Weekly PerspectiveDASH transactions are increasing by 100% in parts in China. DASH had a big pump backed by high volume a couple of weeks ago. It's near a very low point and in my subjective point of view DASH can't get any much lower. DASH can clear out the oblique resistance with ease and hopefully march its way back up. In the linked idea you can see a more close up look I made couple of weeks ago of DASHEUR. At the time of writing it got rejected at 113 euros. This means it made a lower high which is bearish.
by jonathanvn
DASHBTC - Rejected and approaching resistanceBitcoin is on the rise while all ALTBTC pairs still naturally decrease in price. DASHBTC is no exception. Rejected at resistance on April 26th it continues its fall to 0.008 BTC support area, where the price was at the beginning of 2020. I have no plans to long it at support or place bids, but will watch it out. Hit the "LIKE" button and follow to support, thank you. Information is just for educational purposes, never financial advice. Always do your own research.
Long
by Bitduke
1
Crypto are turning on a strong bullish modeIMO, we have got completed corrective patterns against earlier impulses on daily frame. I am showing two assets- bitcoin cash and ethereum, too compare how similar the moves are. If this assumption proves to be correct, then we are at the beginning of a powerful multi-month wave 3 Latest moves in general across most of the crypto assets are likely leading diagonals. After reasonable pullbacks I will locate long entries Good luck!
COINBASE:ETHUSDLong
by UnknownUnicorn3382580
DASH / USD (DASHUSD) Weekly, DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. Trades made when the weekly and daily arrows are pointing in the same direction are the most profitable. This is not trading advice. Trade at your own risk.
KRAKEN:DASHUSD
by Dinjin
DASH / USD (DASHUSD) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
KRAKEN:DASHUSD
by Dinjin
Dash... Their is hope.Symbol: DASHBTC Took a little hit last night but we still see positive movement on the weekly. Currently facing average Resistance level. Holding it, no strong sell confirmation just yet. Keep updated. Set the stoploss. ---------------------------------------------------- Want to level up your trading skills? We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Also checkout our trading indicator available in the link on our page. --------------------------------------------------- Thank you for your continued support, God bless. - Major League Trader
Long
by UnknownUnicorn2319099
2
This Is Why I Am Bullish On Dash CoinA powerful big move upto 285%: On 3rd January 2020 I posted an article where I have revealed that the price action of DASH had completed the formation of bullish Gartley pattern. The pattern was begin on 27th of December 2019 and completed on 2nd of January 2020. When I published the chart the priceline was just entered in the potential reversal zone after the completion of this pattern. And the DASH had the value of $40. 15. The potential reversal zone or buying zone of this pattern was from 40. 72 dollars and the maximum extent of this zone was $39.58. From this level the price action was expected to move up to atleast enter in the Fibonacci projection area of A to D leg from 0.382 to0.786 Fib level. This pattern was very short term 12 hour time period and on very next day the priceline of DASH coin moved up with the powerful divergence and produced really very massive profit up to 285%. Falling wedge: On weekly chart it can be observed that since December 2018 price action of Dash coin is moving in a falling wedge. And during this recent strong bearish trend the priceline has hit the support of this wedge for another time. After placing the volume profile on the complete priceline moving within this falling swedge we can see that the traders interest is very low below the support of this wedge and point of control of this wedge is at $71. Even though the Bollinger band has been expended and there is some more space in the Bollinger band that the price action can move more down to hit the lower bands or support of the bollinger bands but as we have just discussed earlier that the traders interest is very low below the support level of this wedge pattern therefore it will be really difficult for the price action of DASH coin to move down, up to the support of bollinger bands. And as we have the point of control at $71 therefore the price action is moved up to this point of control. The support and resistance levels: After the recent drop from January to this month it can be clearly seen that the price action of DASH coin has hit at the support of $38.16 and after hitting at this support it is turned bullish and moved up by 126% this Bounce from the support level is forming a double bottom pattern as we can see that the price action had first drop from May 2019 up to December 2019 and the recent downwards move from January 2020 to March 2020. Now the next resistance level for the price action if would be $100 and this resistance can be big hurdle for the priceline to have break out from this level because since December 2018 this level has been working as resistance and sometimes at support as well. Bullish harmonic BAT pattern: Now if we see on 4 days chart then a very clear bullish harmonic BAT pattern has been completely formed. The initial leg was started from the candlestick of 27th December 2019 and it was completed on 30th January 2020. then the price action retraced between the area 0.382 to 0.50 Fibonacci level. And this was the first confirmation of bullish BAT pattern then the price action is moved up and projected between 0.382 to 0.886 Fibonacci projection level and this is the projection of A to B leg this was the second confirmation of bullish BAT pattern. And the recent drop of February 2020 has helped the DASH coin to complete the last bearish leg of bullish BAT pattern and finally the C to D leg has been retraced between 0.786 to 0.886 Fibonacci level. Even though the price action has hit the spike beyond the potential reversal zone but in every next it was the retraced back in the PRZ level and this PRZ level starts from $63.13 up to $51.45. Now from this potential reversal zone level it can be expected that as per BAT pattern and its Fibonacci sequence the price line should move up in the projection area of A to D leg from 0.382 to 0.786 Fib level and this Fibonacci projection area starts from $91 and ends up to $132.92. So it can be upto 158% big bullish move. but if the price action will manage to cross up the 0.786 Fibonacci projection level then after that the price line of dash coin can turn more bullish. Oscillators and indicators are turning bullish: On the same 4 day chart if we see indicators in oscillators then it can be clearly seen that the price action is getting bounced from the lower band of the bollinger bands and the Relative strength index (RSI) went very close to the oversold zone and now it has turned bullish the moving average convergence divergence (MACD) was strong bearish but now it has also turned weak bearish so almost all the indicators and oscillators are turning bullish. Conclusion: As per above studies of the chart we can conclude that now the DASH coin can hit the price between $91 up to $132.92 and we can use the maximum extent of buying zone or PRZ level that is at $51. 45 as stop loss. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
KRAKEN:DASHUSDLong
by moon333
DASH/BTC Falling Wedge StrategyHello traders, DASH/BTC seens to be broken out of Falling Wedge witch is a Bullish pattern . The price already correct all fibonacci levels and found support, We have two buying points for DASH, one of them is if the price breaks the falling wedge on uptrend moviment, and the other is if the price and the other is on test of the important support level, the market all around the world is facing a turbulent moment, we must be carefull. Please, support this publication with your like. You are welcome to follow us on the Trading view.
Long
by MarketMinds
1
DASH is about to bounce 40% - IMPORTANT VIDEO Hey guys MartyBoots here. Ive been trading the markets for over 13 years and I see this pattern over and over again . You dont want to miss this move on DASH Bitcoin is looking for a bottom here and when it finds it some of these coins are going to bounce 50%+ DASH is the LEADER Bitcoin’s Biggest Test In such an economic environment, with high inflationary expectations, gold looks set to shine. But what about Bitcoin? Bitcoin has crashed by almost 53% (peak to trough) in the 2020 Coronavirus crash, as investors raced to the US Dollar. In many ways this was inevitable. Where the Bitcoin price may shine is in the volatile inflationary aftermath of the response to the crash. In our view, in this changed economic regime, where the economy and financial markets are set loose, with no significant anchor at all, not even inflation targeting, it could be the biggest opportunity Bitcoin has seen, in its short lifetime. This is not Financial Advice its just showing you what I'm trading in this market
BINANCE:DASHUSDLong
by MartyBoots
3