DASHUSDT
DASHUSD formed bullish bat | A good buying opportunityPriceline of Dash / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 67.920 to 67.023
Sell between: 70.059 to 73.269
Regards,
Atif Akbar (moon333)
Which scenario is true for DASHHello, Traders!
Monfex is at your service and today we overview DASH/BTC .
On the chart we see a large rising channel or a bear flag . The price now near the channel support and has two scenarios:
1 there will be a breakdown of the flag down and for greater certainty we will consider the level of the red line near 0.00808 . As goals, we take Fibonacci levels of 100% (previous low), 127.20% and 161.80%.
2 a rebound from the support line up by the channel and the first target is the middle line of this channel near 38.2% and 23.6% Fibonacci. The green horizontal line as the flagship of the start of a bullish trend . Perhaps this is the second(2) Elliott Wave (12345).
In conclusion, at the moment we are closer to the bearish trend option, but you need to see at chart below, by DASH/USD there is a significant pre-reference to the begin of the bull trend.
Share your thoughts, ideas about the market under the chart.
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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
DASHUSDT forming bullish Cypher | A good long opportunity ahead
Priceline of Dash / Tether US is forming bullish Cypher and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 70.07 to 69.10
Sell between: 70.85 to 72.70
Regards,
Atif Akbar (moon333)
DASHUST - Death cat bounce patternExpect a downturn in the price of a particular currency, which is influenced by the movement of the bitcoin price.
Every investment and every trade is a risk, so you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.
DASH - Looking Very Bullish - Wave 5DASH's 4-hour BTC chart is looking very bullish. The price has caught support on the the MA200 and is moving on up. The MACD is also curving at support and has a near bullish crossover. There are several support levels if DASH retraces a bit, but I think this is a good entry point. I've set some possible reversal areas where there might be strong resistance.
Did my idea help you make a successful trade?
Donations are always welcome and much appreciated!
BTC : 136dZZ2XyUirYUX1nUXwrU6sGgaBNPiFnU
ETH : 0x2fda8b3ebf9f03078d2e4657ebca5c41ed020bf6
XRP : rPVMhWBsfF9iMXYj3aAzJVkPDTFNSyWdKy Tag: 395032582
DASHUSD has formed bullish BAT | Upto 137%Priceline of DASH / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
Price action has hit the lower band of the bollinger bands after Dec 2018.
But beware the volume profile is still showing the traders interest even below the PRZ area and MACD is also strong bearish, even though the Stochastic is oversold but did not give bull cross sofar, therefore for secure trade I would suggest to wait for bull cross signal from stochastic or MACD to turn weak bearish then enter in trade.
I have used Fibonacci sequence to set the targets:
Buy between: 86.741 to 72.408
Sell between: 120.724 to 171.822
DASHUSD formed bullish shark | Upto 99% potential tradePriceline of DASH / US Dollar cryptocurrency has formed shark pattern and entered in potential reversal zone.
MACD is turning bullish.
Stochastic is oversold.
From here the price action can hit the sell targets soon insha Allah.
I have defined targets using Fibonacce sequence:
Buy between: 112.1357 to 92.8000
Sell between: 137.7805 to 185.3515
Regards,
Atif Akbar (moon333)
Dash has a very high chance of increasingD1: Supported by increased EMA50 and trendline
D1 day candle also confirmed the price increase with a big body candle
RSI in region 43
Why is this area worth noting?
Keep in mind that Each time RSI is at 43, Dash often creates a bottom and increases strongly
=> Possibility of extremely high prices with DASH.
Hopefully this analysis helps you to choose the right time to buy and optimize the trading orders.
Have a nice day :)