Dashusd
$DASH USDT long opportunity$DASH is on my hot list of #Alts to invest mid to long term. I trade this coin paired with $USDT and as you can see in my chart, buy orders layered just off this swing low, a couple hit and I'm back in. Based on the two previous set-ups where we had 17% and 31% runs, I figure this is as good as any opportunity to re-enter. I like a 1D for trend confirmation and 4H for managing my trades, in fact its a real tight combo of 1D/4H that influences my decision process. As always though, indicators, price action, levels, etc give us high probability trades BUT the market moves in mysterious ways and if MM's decide to do a sudden $BTC dumper, the rest will follow almost immediately thereafter. Losses are a part of the deal, it happens to all of us BUT keeping them to a minimum and maximizing gains is how we make money in this space. I will add, $Alts are a little precarious right now, the market has been showing signs of weakness so be careful fellow Cryptonians. Last but not least, check out my newish youtube channel .. help me launch it with some likes and subscribes: www.youtube.com
Scalping with an eye on support break-out.DASH is trading sideways since June 11 with 282.4688 as the Resistance and 210.5683 the Support. It has consolidated for too long to expect any rise meeting the Fibonacci retracement levels of the previous price increase on the 1W bearish channel (RSI = 38.588, MACD = -77.570, Highs/Lows = -46.2601, B/BP = -102.0069). As a result we will be scalping this range for as long as the R/S hold. The 165.3263 Low should break on the medium term and when it does we will short with TP = 100.21.
$DASH/$USDT 1D looking for a bounce off fib levelsSwing trading $DASH paired with $USDT #Tether on Bittrex 1D chart. I'm looking for confirmation of a bullish trend reversal here. Buy orders layered in at .618, .7 and .786 fib levels. Had a nice profitable 32% run off the previous leg. As always, this could go either way, the market moves in mysterious ways. Risk management is king, if my orders get filled, I'll be placing my stop loss below the previous swing low in case it heads south. If $BTC retraces, this is possible. Please note, this is not to be construed as financial advice.. On another note, a friend and mentor who has been in the game for around 20 years or so has developed the tops and bottoms alerts indicators I use. If interested, you can find out more on turbotraderpro.com
DASH. Global long for 200$!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.
A new trading opportunity to buy in DASHUSDA new trading opportunity to buy in DASHUSD
Technical analysis:
. DASH/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (221.0 to 153.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (221.0)
Ending of entry zone (153.0)
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 the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
We have already opened 10 BUY trade(s) @ 235.259 based on 'Two-Day reversal candle ( Hammer in D2 time frame)' entry method at 2018.06.29 in our previous suggested support zone (231.0 to 153.0).
Total Profit: 133410
Closed trade(s): 45741 Profit
Open trade(s): 87669 Profit
Closed Profit:
TP1 @ 281.0 touched at 03.21.2018 with 23392 Profit.
Open Profit:
Profit for one trade is 245.000(current price) - 235.259(open price) = 9741
9 trade(s) still open, therefore total profit for open trade(s) is 9741 x 9 = 87669
All SLs moved to Break-even point.
New Take Profits:
TP1= @ 281.0
TP2= @ 327.0
TP3= @ 407.0
TP4= @ 541.0
TP5= @ 640.0
TP6= @ 749.0
TP7= @ 915.0
TP8= @ 1182.0
TP9= @ 1625.0
TP10= Free
A new trading opportunity to buy in DASHUSDTechnical analysis:
. DASH/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (221.0 to 153.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (221.0)
Ending of entry zone (153.0)
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 the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
We have already opened 10 BUY trade(s) @ 235.259 based on 'Two-Day reversal candle ( Hammer in D2 time frame)' entry method at 2018.06.29 in our previous suggested support zone (231.0 to 153.0).
Total Profit: 133410
Closed trade(s): 45741 Profit
Open trade(s): 87669 Profit
Closed Profit:
TP1 @ 281.0 touched at 03.21.2018 with 23392 Profit.
Open Profit:
Profit for one trade is 245.000(current price) - 235.259(open price) = 9741
9 trade(s) still open, therefore total profit for open trade(s) is 9741 x 9 = 87669
All SLs moved to Break-even point.
New Take Profits:
TP1= @ 281.0
TP2= @ 327.0
TP3= @ 407.0
TP4= @ 541.0
TP5= @ 640.0
TP6= @ 749.0
TP7= @ 915.0
TP8= @ 1182.0
TP9= @ 1625.0
TP10= Free
Dash 50% Growth PotentialOn the 12th of July, Dash found the bottom at $203, which is a strong psychological support. After rejection price went up and broke above the descending channel and the 50 Moving Average.
After closing above, price corrected slightly down, and rejected both, the Moving Average and the upper trendline of the descending channel. The support has been formed at $238 and DASH/USD went up again.
It seems that there is enough upside momentum for the Dash to continue moving higher, towards one of the Fibonacci retracement levels. First strong resistance is seen at 38.2% Fibs, while the second and key resistance is seen at 61.8% Fibs, that is $414.
Break above $414 should confirm long term uptrend that might send price to the new all time highs, but rejection should result in a strong corrective move down.
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***