Dashlong
Dash Targets
Welcome Back!
Taking a look at the weekly it looks like were finally finished correction.
Market structure points to a falling wedge breakout which would indicate a reversal, as well as, continuation.
These are my targets for the bounce im expecting.
They were calculated by Fibonacci which thus far, Dash has shown to follow quite accurately.
God Bless,
DASH: KRIP MOBILE EXPANSION & FUZEX PAYMENT CARDS -PROFIT=43.63%Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 21st of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 43.63% PROFIT!
The increase in price may also be explained by positive developments including:
July 24: Bitcoin Magazine announces that Dash is establishing itself as one of Venezuela's most popular cryptocurrencies. Tradecore provides “elegant client onboarding, ID verification, proactive customer support, advanced analytics tools and marketing automation”, which is everything a brokerage needs to “be set up within one week”. Tradecore also assists clients by “reducing costs, optimizing workflow, and helping build upon a company’s strategic plans” to add value to the brokerage’s client offerings.
July 25: Dash Expands Further Into Capital Markets with Tradecore and BlockCypher Partnerships.
Tradecore, a brokerage software company, has partnered with Dash and BlockCypher, the blockchain solutions provider, to offer financial service providers and capital market businesses the ability to send, receive, and hold Dash. Tradecore provides “elegant client onboarding, ID verification, proactive customer support, advanced analytics tools and marketing automation”, which is everything a brokerage needs to “be set up within one week”. Tradecore also assists clients by “reducing costs, optimizing workflow, and helping build upon a company’s strategic plans” to add value to the brokerage’s client offerings.
July 26: Fidelity (the world’s fourth-largest asset manager) owns a 15% stake in Neptune Dash, the publicly traded company offering fractional Dash Masternode ownership.
July 27: Atomic Wallets adds support for Dash.
August 2: Fanduel announces DASH as their official partner.
August 3: local authorities in Queensland are alleged to be piloting a programme that could see the adoption of a number of cryptocurrencies within the state. The currencies in question include Bitcoin, Litecoin, Ethereum, Dash and NEM. The project is set to see the government approve work by a company called TravelbyBit, an established cryptocurrency project that allows merchants to accept cryptocurrency payments.
August 7: Coinbase announced via a Medium blog post that the Coinbase Custody division will be evaluating the addition of 37 more coins, including Dash. Coinbase Custody was started this past July 2 to be “a custodial service for institutional clients optimized for storing large amounts of cryptocurrency in a highly secure way.” The service includes “segregate cold storage”, “financial and security controls”, “dedicated coverage”, “insurance”, and “multi-user accounts”, according to their website, to adapt to the requirements of institutional investors.
August 12: Dash CEO announces that Wall Street likely working on crypto-related projects in private
August 13: BW.com adds support for DASH.
August 15: Dash (DASH): Dash Evolution Platform Update To Roll Out In Q4 2018. A fundamental part of the Dash Evolution platform is the inclusion of DAPs, which are data contracts executed by an application, which will function as a third party dedicated to processing payments with Dash (DASH). Dash Evolution will boost the use of the DashPay P2P platform for consumer-friendly cryptocurrency applications.
August 26: Dash & Litecoin Now in Testing for Release to Ethos Universal Wallet.
August 27: Dash, the digital currency for payments and e-commerce, has announced an exclusive relationship with Kripto Mobile Corporation (KRIP), a mobile brand of cryptocurrency-enabled phones, to provide Latin Americans with a new, affordable way of acquiring and using cryptocurrencies for everyday transactions. The phones come pre-loaded with a complete Dash ecosystem, including the Dash wallet, the ability to get Dash, and also spend through partner apps like Bitrefill, which is the largest cryptocurrency prepaid phone company in the world. The partnership was officially launched live on August 25th at the Dash Caracas conference in Venezuela.
August 30: FuzeX Signs Memorandum of Understanding With 'DASH' to Launch New FuzeX Cryptocurrency Payments Card. FuzeX has signed a partnership with Dash, one of the leading payment cryptocurrencies today. Through this partnership, both companies have expanded the use of cryptocurrency by giving people a new way to spend Dash. Expected to launch in the fourth quarter of 2018, FuzeX card will open up new opportunities for point-of-sale commerce and help expand the usage of cryptocurrency in everyday payments.
August 31: Customers Can Now Buy Gift Cards Using Dash at Hundreds of Canada's Top Retailers.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
DASH. Global long for 200$!Dash slowly moves to the price range of $ 187-195. The movement on a channel seems like consolidation. I think the position is gaining now. The climax of the fall should be a test of the price range of $ 187-195.
Targets:
1) $ 300
4) $ 400
In order to go above it is necessary to pass the former support zone (depicted it as a channel), which was punched on May 28 and in my opinion is a transition zone for prolonging the long.
If the price fixes below $ 187 - the next support is $ 90-110 Then the price will move for a long time in the channel of two global trend lines of black color.
DASHUSD: VERY IMPORTANT AREAHello guys,
at the moment DASHUSD is in touch with an important resistance level. In my opinion, if prices are able to stay above 280 USD (R1) for a couple of hours, loading indicators, it could develop a run to 300 USD (R2) as first step and then to 320 USD (R3) as second target.
In case set up is triggered, stop loss would be set to 268 USD.
Volume is not particularly exiting: for the movement to develop is necessary a rise of volume.
Indicators point out a possible new run.
To sum up:
if price remains above 280 USD R1----> R2 300 USD----> R3 320 USD
*** This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
DASHUSD POSSIBLE GOOD ENTRY POINTHello guys,
I think DASHUSD at current level represent a possible good entry point if examined on daily time frame. As you can see from the chart this crypto could rebound form two main reasons: the first one is DASH is on an important supportive area either respect to USD or also BTC and the second reason is related to volume, which is rising during the last hours even if only against USD.
Indicators are not suggesting us particular informations because the chart against BTC suggest a possible rebound but if we look at the chart against USD is not particularly significant, or better, it indicates a little predominance of negative setting.
If prices are able to break the descending trend line starting from the beginning of May and in particular, if it's able to be over 235 USD (R1) at the end of this trading day, it can rise till to the next resistance area, passing at the moment to around 255 USD (R2) as first step and then to the range between 275 USD and 285 USD (R3), where there is an important resistance area.
To sum up:
If prices breaks R1 235 $: ---> R2 255 $ ---> R3 275$/285$
Stop loss should be set under 205 USD
*** This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
Potential bullish signal in DashThe #Dash has broken out of the wedge yesterday, adding to the overall bearishness of the coin. The coin broke the wedge to the downside and then closed significantly below it. However, the #Dash stopped at 0.03430 level, that represents a significant support level that provided support to the coin in its recent history as well. Now that we trade outside of the wedge, we should have a more clear picture on what is ahead of us.
On the 4H chart, the #Dash created a bullish engulfing candlestick pattern. In general, this pattern suggests the bulls have taken control of the price action movement from the bears. This type of pattern usually accompanies a declining trend, suggesting a low or a short-term end has occurred.
So, the break out of the wedge is bearish but the engulfing candle has provided some light at the end of the tunnel for the bulls. Hence, we believe that given the recent bearishness in the coin, we are leaning towards a bounce in the Dash, especially as the coin has reacted really well from the horizontal support. The RSI is also pointing towards a bounce. An additional bonus is the fact that we are sitting at the support, hence the R:R in the long trade at these levels is very good.
LONG
Entry : Current market price - 0.034540
Stop : 0.033200
Target 1: 0.036200
Target 2: 0.038000
Target 3: 0.039700
$DASH #DASH - LAST HOPE - Break downtrend now, or BYEHello Lads and Ladies,
Today we are going to take a look at DASHBTC. Currently the 13th biggest crypto by Market Cap. It has been in a humungous downtrend and the question is when will it finally leave this downtrend and where can we expect DASHBTC heading to?!
Starting off with the huge downtrend line (indicated light blue in the chart), which originates at the 20th of December last year. DASHBTC never really left this downtrend now for almost 6 months, it has tried to do so and failed multiple times with that, what can be pretty depressing. Nevertheless, it seems to be coming to and end of this tremendous downtrend and gives quite a bit of room to play with.
It is important to mention that DASHBTC was holding itself above 0.06 BTC for quite a long time and has confirmed this line multiple times again as a historic support and resistance line (indicated red in the chart). I chose the red color, because it has been broken and acts now as a strong resistance and a potential decision point after a big push.
The next support we are taking a look at is located at 0.043 BTC (indicated orange in the chart), this line has been historically a intermediate support and support resistance line, where the chart makes a small stop, when making big moves. Although, it has been a pretty strong support in the timeframe of 30.03 - 16.04, this was a phase where nothing special happened to DASHBTC and it got ready for a pump, which was heading towards the downtrend line, actually broke it for a day and tested the 0.06 BTC resistance. The very important aspect was here that it just had picked up enough momentum and volume to break through the downtrend line, and then it was supposed to break a HUGE resistance right away, of course it got rejected there because there was not enough momentum and volume left. This had a steep retracement with it, nevertheless, it was hugging the downtrend for almost a month, leaving it for a day but coming back again and retracting more from the downtrend. It had a small stop at the intermediate support line (orange) and continued from there, as already explained this support line is able a stronger momentum.
Eventually, it tried to break the intermediate support and resistance, failed to do so twice and continued its journey to the next support at 0.039 BTC (indicated green-dotted in the chart). From there on it was moving sideways and approaching the downtrend, trying to push through it multiple times right now in a very short period of time. Also sitting on support during the whole time.
Based on that there are basically two options left.
The 1ST one would be that DASHBTC breaks the downtrend very soon and pushes towards the intermediate support/resistance deciding there, whether it uses it as a new support for a short time and continues the push towards 0.06 BTC OR it gets rejected there and comes back to the support it sitting at right now.
The 2ND option is that it breaks the current support, gets wrecked and retraces even further down to the next and the last-hope-support at 0.0338 BTC. From there on it would most likely have really a lot of volume and buyers to let it bounce hard and break the downtrend with a very high chance.
Cheers, Tomas
Dashcoin Can Be Bouncing Higher Soon!!??As you know most of the cryptos are have been correcting lower the latest days.
Same with Dash. I am expecting more downside to the areas mentioned above.
That area will be a decision area. But I am expecting a bigger bounce in favor of DASH.
Most of the cryptos have a similar structure lower. Have a look at my recent analysis. or They all look similar and somehow waiting for a bounce higher.
If Dash breaks 280.37 low. This view will be invalid. Let's see. Patience is key now.
Hope this helps
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
DASH recoveringThe longitude of the last recoveries has been about 90% to 100% and 12 to 18 bars. This taken in mind I have drawn a possible trend channel to the next high (circle).
Just before reaching this aim DASH has to break an important resistance: fib retracement 23.6% (568$). Perhaps it´ll break through but then falls back again. This is definitely a profit take zone.
The new positive trend is confirmed by RSI, just crossing the falling trend line (4h-bars). Also MACD is showing positive signs, with blue triggered the signal line and rising (4h- bars).
The only negative trend is coming from volume, which is steadily shrinking.
No trading advice!
DASH ladder buy zones and targets we're looking forDash currently trading below 0.786 Fibonacci Retracement from 20th December highs to April 1st lows and price is on 200 SMA line, maybe good to buy? Will see.
Hidden bullish divergence on 4h RSI, volume declining a bit.
We're interested in laddering our buy-ins to get as good price as possible.
BUY LADDER:
0.05148
0.04951
0.04771
SELL TARGET:
0.06119
0.06819
0.07449
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Eyes on DASHDASHBTC could be coming to the end of a long precipitous fall, from which it has historically rebounded explosively, often more than 100% in only a couple days. Long term 3D MACD getting close to turning positive while RSI dipping into oversold territory. Shorter term 12H MACD and RSI showing bullish divergence.
DASHUSDT is also looking overdue for a correction upwards and could fuel a rally in the BTC pair:
DASH is increasingly looking like an indicator of the crypto markets overall. I feel a breakdown of support here would be very ominous. A healthy bounce would signal returning confidence.