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DASHUSDT

Dash Buy OpportunityIf the market bounces from 350.00 support level and moves above the kumo, we should expect for further upward movement. DMI indicator shows range market conditions and it’s not a good idea to use trend following strategies. But ADX line rises and probably it will confirm the beginning of a new price movement. It’s possible to place pending orders for buy above the local swing high at 365.00 level. Stop orders must be at 345.00 level. Profit target should be near 400.00 resistance level. This is not the perfect trading signal, but it can be a variant for catching possible upward movement on time. If the price drops below the kumo, buy orders must be deleted.
Long
by DLavrov
20
Dash Short Term TradeBased on the 1H chart we can see a short consolidation. DMI confirms range market conditions. We should expect for a strong price movement after a period of low volatility. As the price is above the kumo, we have to buy only. Pending orders can be placed above 300.50 level. If the price breaks this level, we'll get an additional confirmation that the market is going to move upward. Stop orders must be placed below 285.00 level. Profit target should be 318.00 level.
Long
by DLavrov
11
Dash Flag Chart PatternBased on the daily chart of Dash we can see a flag chart pattern. It's a short-term continuation pattern which shows a small consolidation before the previous movement resumes. We should expect for a price breakout above the resistance line of this pattern. Pending orders for buy can be placed at 284.00 level with stop orders below 258.50 level. Profit targets should be at 318.00 and 370.00 levels. If the market drops below the support levels, it will be better to delete buy orders and wait for a new trading signal.
Long
by DLavrov
11
Dash Buy OpportunityThe market bounces from the uptrend line and 224.00 support level. RSI confirms price reversal. If the market could not break this support zone formed by the uptrend line and 224.00-216.00 support levels, it means we must be ready to join a possible upward movement. Pending orders for buy should be placed above 236.00 level. If the market moves higher than this local swing high, we'll get an additional confirmation of the further upward movement. Stop orders should be placed below 215.00 level. Profit targets should be at 250.00 and 260.00 levels.
Long
by DLavrov
19
Dash Trading IdeaDouble Top chart pattern and a bearish divergence give a solid signal that the market has potential for downward movement. We can see that price is at MA50 which is a possible reversal line. But we don't have fundamental support for the market and probably we'll see further falling. MACD histogram confirms downward movement. We have to focus on a reversal zone which is formed by MA100 and 140.00 support level. If the market bounces from this zone, we'll have good buy opportunity. RSI will have to confirm price reversal. MACD will have to reverse and support the upward movement too. DMI confirms range market conditions now, and we should not expect for strong price movements. But the downward slide of the market to the reversal zone, it's possible and we'll have to be ready open long trades based on a confirmed reversal signal.
by DLavrov
6
Dash LongI haven't posted a trade idea in a while but the charts keep progressing. I like to keep my charts simple. Bitcoin is a 1st gen crypto, sending value p2p. ETH being a 2nd gen, smart contracts. Dash - Send value p2p, smart contracts, governance/treasury I dont have any specific entry points or even timeframes of when I expect another large move higher, but here is my opinion. 1) Cryptos tend to move the extreme ends of the technicals. 2) Dash is holding very well its strong lower up trend and also has a steep higher uptrend that I am watching. 3) Dash sets out to solve lots of real world issues that bitcoin cannot do because there is no governance model. This governance is a big strength, but could also just as easily be a weakness. 4) if the above is holds true, the upper trend line will hold Time frame: Its hard to determine this stuff right now because bitcoin is in flux, actually usage of cryptos(Transaction growth) is very very low for alt coins, with ETH, LTC, and Dash being the leaders in alt transaction volume, but is still anemic compared to bitcoin. So things like general public adoption is still a ways away, but closer now than ever. So Dash is largely speculative, but will be a very powerful tool, platform, financial services and more, once the market cap grows significantly and actual usage increases by multiple orders of magnitude. Technical patterns. I see an inverse head and shoulders almost complete, with the head being the dip to the $120 area and respecting the support level very cleanly and precisely. So I doubt we will ever see prices below $120 again, and even $150 is probably out of the question also. The upper trendline has dash pointing to above $240-$360, and could go higher. Investment opportunities: Dash Masternode. Requires 1000 coins, and will earn about 8%/year. That said, the large investors are building substantial positions when the liquidity provides for large purchases of this rare coin, with less 7.5million coins, and there are already 4000+ masternodes on the network, so at least 4mil coins are tied up, with the end goal of about 90% of the coins to be tied up in masternodes making the coin very rare. Roadmap: www.cryptocoinsnews.com Scaling, privacy, speed. Dash has coinjoin implemented on the protocol level so no need for trusting 3rd parties. Dash has thorough scaling plan. Masternodes facilitate instant send by locking the ?outputs?or?inputs? of the transaction. Dash will be implementing Segwit, just on its own terms, it is not needed yet, or technically ever as the price to transact would just increase if blocks got full, but high transaction prices obviously will hurt the growth any coin so a solution to keep cost low is important Masternodes: Get to vote on how the treasury is spent. Unlike bitcoin where the miners get 100% of the block reward, Dash miners get 45% Masternodes get 45% and 10% goes to the treasury, and the master nodes get to vote on how it is spent and the future of the code. As the price of the coin increases so does the budget to hire developers, which will help keep dash way ahead of the curve. Dont quote me on this, but I recall reading dash also has plans to introduce multiple mining scripts to prevent any sort of hostile takeover of the network to keep it secure and decentralized, similar to Digibytes. Dash will compete with ETH for a scalable smart contract platform. For many reasons I see dash as a very powerful coin who's projects will see implementation and usage long before many other smaller altcoins. Dash is a gold rush coin. Anything under $200 is a strong buy in my opinion. Going into august and into the fall, I expect fireworks to be going off throughout the crypto world. Dash and litecoin are expected(according to Webbot Reports) to explode over the next few months. usd Good luck trading and investing.
Long
by Padlomfaan
Dash Double TopThe market is going to fall below 200.00 level. At the same time on the daily chart it can be formed a double top. This chart pattern gives a signal about possible trend reversal. We must be ready to further downward movement. Let's look at the indicators now. MACD histogram is going to reverse and confirm downward movement. RSI is going to confirm price reversal from 200.00 resistance level. DMI shows range market conditions and we should not expect strong upward movement. If the market drops, we'll have to pay attention to price action near MA50, MA100 and 120.00 support level. If the market gives us confirmed reversal signals in one of these zones, we'll have new buy opportunity. And one more thing, if you have long trades which give you some profit, it's good time to think about exit from these trades. But it's just my opinion and you have to follow your trading and money management strategies.
by DLavrov
10
Dash Entry LevelsThe market bounced from the 200.00 resistance level and dropped to Tenkan line of Ichimoku indicator. We have a price reversal from this line at it's a buy signal. DMI confirms trend market conditions and allows trading. We could buy above 196.00 level, but 200.00 resistance level is near our entry. This resistance can stop the possible upward movement. That's why we should wait when the market can break this resistance level and give us additional confirmation for the upward movement. So, long trades should be opened based on a breakout signal above 200.00 level. Stop orders for these trades must be placed below 180.00 level. Profit target should be at 220.00 resistance level. Other variant for price movement. If the market can't pass trough 200.00 level, probably we'll see a downward movement. New buying levels can be near the uptrend line, Kijun line, the kumo. Don't forget to get a confirmed reversal signal before opening long trades.
Long
by DLavrov
5
Dash Trading IdeaPrice bounced from MA100 and 120.00 support level. RSI confirms price reversal. MACD shows an upward movement. But DMI confirms a downward movement. If you want to get an additional confirmation for this upward movement, you should wait for ADX line reversal. We have buy opportunity and we can open long trades higher than 150.00 level. Stop orders for these trades must be below 118.00 level. Profit target can be at 200.00 resistance level or you can hold the trades in long term. Don't forget that the markets still can drop to new lows. That's why you should not trade big volume.
Long
by DLavrov
3
Dash Buy OpportunityPrice diverges with RSI and MACD histogram. It's a bullis divergence and a signal confirming price reversal with possible upward movement. We can see that the market is going to bounce from the support level. RSI and a bullish candle confirm price reversal. MACD histogram confirms upward movement. We have buy opportunity. If price breaks 160.00 resistance level, we'll be able to buy with stop below 140.00 support level. Profit targets are 180.00 and 200.00 resistance levels. In order to get one more confirmation for buying, it will be better to wait when ADX line starts falling. Don't forget that the markets are not stable. Use small volume for trading and follow proper money management strategies.
Long
by DLavrov
7
Dash Trading IdeaThe market can fall from 200.00 resistance level. MACD histogram confirms down movement. ADX line of DMI indicator is below 20 and we should not expect for strong up movement. It's possiable that the market will drop to 160.00 support level and MA50. It will be the 1st reversal zone. We'll be able to open long trades based on a confirmed reversal signal. But also, the market has potential for falling to the 2nd reversal zone near 140.00 support level. As for MA100 it will be an additional support line for possible buying. Stop orders for all long trades must be placed below the support levels. Profit targets should be at 200.00 resistance level.
by DLavrov
7
Dash Long OpportunityPrice bounced from the uptrend line. RSI confirmed price reversal and we got potential for up movement. DMI shows trend market conditions and allows trading. We can buy from the market but 200.00 resistance level is a barrier for possible up movement. That's why it's better to use buy-stop orders for entry higher than this resistance level. Place buy-stop orders at 205.00 with stop below 180.00 level. Profit target for long trades should be at 220.00-225.00 levels.
Long
by DLavrov
8