Dashlong
DASHUSD 8h: If 200 USD breaks, strong up possible. Be watchful.In the recent days, we have seen a strong resistance at or near 200 USD . If this resistance breaks, we could expect another up to 240 USD. If we look at the Fibo, we could also hold for long up to 300 USD . Otherwise I see a max correction at 170 USD . So there is a buying opportunity with a target of 240 USD and more.
Let's see what happens. Happy trading.
DASH/BTC (Long position)DASH is currently consolidating, as we continue to find the $90 level to be supportive. As the market stabilizes, I believe that the buyers will push towards the $103 level above. Short-term dips offer value in building a position in this region is certainly a viable option when it comes to trading. I have no interest in selling, as there seems to be quite a bit of support extending much lower.
DASH/BTC Elliott Wave TargetDASH/BTC is not at the end at all. After the 2nd dip we will see the last impuls wave according Elliott. The Target for this move ist ~0.19 based on Fib-Retracements and Elliott Wave Theory.
This theory is just valid if we dont see a valid Elliott Correction Wave (A,B,C).
Let's try and head north on Dash / BTC ? Several interesting elements here :
- Nice oblique resistance
- Hitting a former resistance
- 0.786 fib retracement
Target : as high as you can hold the position without fearing it to go downward, patience being bitter and its fruit sweet, shall we say.
Taking long on bitfinex, this does not constitute an investment advice, beware of cryptocurrencies' high volatility. High might be the gains, but tough it is to manage position, having a good idea isn't enough, the hardest part being trusting your idea and not fear realising it until the end :)
May the force be with you tradersview :)