Dashlong
Dash: $85 Target within OctoberDash is one of those cryptocurrencies that I am keeping a close watch on. Overall, the pattern has been pretty neutral and not too exciting, but it looks like it is ready to break. The bollinger bands and the autofib retracement seem to be predicting a higher percentage of growth than the current growth we are seeing now. Also support levels seem to be increasing and as crypto advocates are becoming more bullish, I think the resistance curve is about to be popped, it should be retested quite soon, and we might even see it hit $85 within October depending on how healthy the overall market is. Proceed with caution at your own risk. As always, this is on an opinion based basis.
Dash Coin: Analysis using Ichimoku 23/06/2020H4
At D1, the Ichimoku cloud is directing downward, indicating a downtrend. On H4, the cloud is directing upward, indicating the formation of a correction for D1.
Conclusion:
We recommend selling when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing upward, indicating an uptrend. At H1, the cloud is directing upward, indicating the movement within the framework of the trend for H4.
Conclusion:
We recommend buying because the price went beyond the downtrend at H4, while the RSI on the H1 has reached the level of oversold.
We also recommend selling when the RSI reaches the overbought level on the H1 and H4.
Locally, we recommend buying from the Ichimoku cloud. As a result, the RSI may form a divergence, which will be confirmation for lower of the price on H4.
Good luck!
DASH/USDT - exit from the accumulation.It is desirable that the breakdown is with volume.
Buy after the breakdown and fixation above the level.
Indicators are directed upwards.
Accumulation under the level for 2 days.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
No Breakout Yet. (DASH)Nice impulse but currently rejected.
Dash (formerly Darkcoin) is a blockchain-based peer-to-peer cryptocurrency that was forked out of Bitcoin to offer faster and more private transactions to users than Bitcoin could deliver. Dash is a blendword for Digital Cash and its currency symbol in the markets is DASH.
DASH to 140$ soon?Hello Traders,
Here is a simple and quickly analyses for DASH/USD which is facing a Resistance level Right now if we break we can easily go to 140$ region, but if we fail to broke we can test this important support level once again. The long position only allowed above the resistance.
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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.
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.
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- Major League Trader
Dash Heads Towards $100Please leave a LIKE & Comment in order to support my work.
The DASH price has just broken out above a significant resistance area at $75 and the 200-period 6h moving average.
Once the price moved above this same MA on January 2020, it initiated a very rapid upward move.
Looking to enter on a re-test of the $75 area, with the target being at the closest resistance level at $95.
The stop loss could be placed below the ascending support line.
DashCryptocurrency Symbol: DASHBTC
I like this current setup based off of how fast the last jump ran with good volume.
Now we are seeing a potential bull flag with tight compression at current price.
You're going to want to keep an eye out for volume to push up and break to the upside.
See if it can clear last high of the last jump. Overall I wouldn't mind adding to this position.
Diversify and use 5% stoploss
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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.
DASUSD has formed bullish Gartley | A good long opportunityWorld's 26 ranked crypto token out of more than 2300 cryptocurrencies Dash has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look at the dimensions of Dash price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for Gartley pattern and now the price action is moving in potential reversal zone of this Gartley pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above the 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $40.728 to $39.584
Sell between: $41.629 to $43.810
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic Gartley pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
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
DASH Pennant: Consolidation Before Round 2This is a pretty massive pennant/equilibrium. We have some time to let this get tighter but I wanted to get it out there for anyone not aware. I'll give more information on my expected price targets etc after the break upwards. If we dip below $99.79 we're most likely doing something other than this equilibrium.