DASHUSDT
DASH 4 HOUR NEUTRAL RISKYLos Angeles 8:11 PM. Dash 4 hour time frame.
I would wait for a kumo breakout before investing into Dash. Long term - it doesn't look too bad to buy it at discount. Playing with risk if you invest now with all this FUD sensitivity. If you're playing long, buy at support levels.
Fib also shows resistance levels and price action back at .618.
Dash Buy SignalThe price bounces from SMA20 and a support zone formed by 320.00 and 300.00 levels. RSI and a reversal candlestick pattern confirm price reversal. DMI allows open long trades. MACD confirms downward movement, but we can trade based on the previous signals. If you want to get more reliable signal, you should wait for MACD histogram reversal. For other traders, pending orders for buy must be placed at 337.00 level with stop orders at 275.00 level. Profit target should be near 400.00 resistance level. If the market drops below 300.00 support level, the next buy signal will be near SMA50.
DASH: Waiting for a setupI personally think Dash do not get enough attention. This guy been climbing a lot in the past few months. I believe Dash can get close to Bitcoin pricing, but we will have to wait and see, like always. Currently, I see Dash correcting itself back down to the 200s, to retest previous structure. There is a Gartley formation forming for us to enter as well. I am long term on Dash. What are your thoughts?
Trade with care.
DASH/USD Outlook Hello Traders,
DASH/USD broke again to new highs and we still like the idea of pushing it higher. If the market can pullback to around the 50% Fibonacci we like the buying but the market needs to stay below 320.918 to buy any pullbacks, so if the market stays below 320.918 and goes to around the 50R we like the buy. We keep you updated on it.
Hope that helps.
Cheers and trade safely
Dash How to TradeThe price bounces from 400.00 resistance level. RSI and a strong bearish candle confirm price reversal. MACD histogram supports downward movement. The market is going to move downward and give us new trading opportunities. We'll have to watch for price action near SMA20 and 320.00 support level. If the price bounces from these levels, it will be possible to open long trades. Also the same goes about SMA50. Just don't forget that long trades must be opened based on confirmed reversal signals.
DASH 4 HR BULLISH Breakout to new highDash 4 hour time frame. Los Angeles 8:13 pm
1. Price is above the cloud which signals a bullish bias.
2. Price moved below the Tenkan-sen but still stayed above the Kijun-sen.
3. Price had a slight pullback and moved below the Kijun-sen but still stayed above the clouds.
Dash might hit new highs close to $433 if it breaks out of the resistance line. Please don't bet everything on my analysis.
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.
DASH / USDT small correction afterwards further upward trend?As we see, the price is currently moving in a channel that goes upwards. If the RSI touches the trend line and the bars touch the orange trend will show whether the price will continue to rise. The course can thus go up to 500. The target was calculated with several Fibos.
LONG DASH/USD SetupHello Guys,
We want to buy DASH/USD at around 347.150 with a stop loss below 311.1372 and an initial target of 442.360. The market has a bullish trend so we want to buy into a continuation pattern.
As always never risk more than 1% on each trade.
Hope that helps
Cheers
DASHUSD 8h: Two trend way up to 600 USDDash had a strong performance in the last days/hours. The question is, how is it going on? I see current two ways up: correction to 300 usd or correction to 200 usd. Then further upwards. Dash has a position next to btc because dash is more decentralized and anonymous. A long-term uptrend could therefore continue.
Let's see. Happy trading. :-)
DASH reassessed.I previously called a consolidation in DASH, but that was quickly rendered void by the explosive volume seen yesterday. Longterm I think we see 470, but getting there could be quite complicated.
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.
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.
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.
dash consolidationI think we have just come off a 3rd wave completion and are now at the beginning of a 4th-wave consolidation. The $166-$180 range presents a reasonable buy area for the final 5th wave.
DASHUSDTThe movement is going on inside the wedge and the triangle and is waiting for the decisive moment of contiguity. DASH will grow more than ever.
Dash Buy SignalThe price broke 200.00 resistance level. The trend line supports further upward movement. We can place pending orders for buy above the local swing high and it's 207.00 level. Stop orders must be placed below 191.50 level. Profit targets are 216.00 and 224.00 levels.
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.
