DASHUSDT
DASH Short termWith the bullish market sentiments, there is still more ups to go for DASH.
The diagram is self explanatory where yellow and green are support lines and red being the resistance lines.
Important notes:
-RSI comes more important when its a bullish movement. Note the RSI chart and points of entrance and selloffs.
-222 will be the main resistance
Note: It is in the plan for DASH release of EVOLUTION sometime before the end of the year. This will push DASH prices up and make it very popular as no other crypto will have this type of wallet.
Yes, I'm a DASH advocate.
DASHUSD - 1D Chart Analysis
Like for the rest of the coins, the bearish trend is applied also for Dashl. Based as well on a decreasing market capitalization, it seems that the price is also searching for a bottom.
Technically speaking, the trend channel seems to be created by the peaks of 292$ and 231$ reached on the 20th of July and the 2nd of September, while the bottoms are 164$ and 127$, values which were reached on the 11th of July, respectively on the 14th of August.
If the price will finish the day below 187$ (the opening price of the candlestick) it means that we will see a red candlestick created below the 20 days Moving Average which can be a nice confirmation of the downtrend.
Both RSI and Stochastic have neutral positions while the MACD Line seems to try crossing the Signal one which can lead us to another bearish signal.
If this scenario gets caught up, the target prices which can be considered are :
* 171$ - Support Level 1
* 159$ - Support Level 2
* 141$ - Support Level 3 (in extension)
DASH Short termOn the 1 Day candlesticks, we observe a strong pullback with DASH to the strong support area of $170. Looking at the corresponding RSI, we don't have oversold conditions. The sell off volume is not significant , which indicates people are still interesting in holding on DASH. Lets also state that the number of Master Nodes have also increased...people probably see this as the opportunity to own a MN. If support fails at 170, we are looking at the next support which is 160, 150 etc and then to a strong support 123. As everything is related to BTC and BTC for this round\stage is showing signs that 6100 is strong support, I would wait for the RSI to drop more before entering, as per the green zone I indicated. Make sure that you observe volume selloff, MACD chart and assess BTC situation. I'm going to wait a bit more and keep an eye out for further developments.
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 head and shoulders patter suggest lower prices were have a very simple head and shoulders pattern.
a lot of how this pattern plays out depends on what btc does!
with lack of real price action in the market news will most likely be the determining factor in upcoming direction
Its been my experience for 1.5 years trading crypto that low vol usually signals lower price because the market is highly subjective and emotional.
prediction: Dash falls with the market but long term Dash does very well
Mini Alt Season - DASHEntry 171
Stop 147
13% Risk
Targets 77% and 106% Gain
5:1 and 7.5:1 R:R
BTC needs to hold 6450 and 6750-8750 to stay bullish.
Part two only engages if 6750-8750 is held.
**Risk if holding trade to max target should be 13% loss. That's why 18:1 instead of 21:1 R:R**
Any questions welcome
$DASH USDT long opportunity$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
$DASH/$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.
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***
DASH. Detailed analysis. And Key levels
Here also we are waiting for another wave of fall. I want to see overthrow. Break of the final diagonal triangle down and quickly return to the triangle. This situation would be good. However, there are other triggers on long. There is also a shrinking volatility and soon we expect an explosion