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DSH

20.11.2019 - Dash (DASH / USD)Hi Traders! Today we are looking at cryptocurrency Dash. We chose it deliberately because we see an interesting opportunity in it. We can read a clear bounce (impulse) on the chart, that came last month. Since then, Dash has been moving in the channel. Dynamics, growth and angle which we grew under are much steeper than the decline. In addition, this decline is in the channel. We would be able to annotate the whole decline as ABC correction that could be finishing right now, why? 1. We are currently at 0.786 Fibonacci level of all the growth 2. The bottom edge of the triangle 3. There was already a smaller bounce-off 4. RSI is in the extreme zone This is a watch zone where we keep an eye on how charts behave. If we break downwards, it's very bad. We are currently on a potential bottom, which may represent a good opportunity to buy. May the crypto be with you!
BITFINEX:DSHUSDLong
by DolleroTechnology
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. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! 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.
by Monfex_UK
There is a possibility for the beginning of an uptrend in DSHBTCTechnical analysis: . DASHCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.019200 to 0.016700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.019200) Ending of entry zone (0.016700) 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: Take Profits: TP1= @ 0.021800 TP2= @ 0.023500 TP3= @ 0.026500 TP4= @ 0.028800 TP5= @ 0.033100 TP6= @ 0.043300 TP7= @ 0.059900 TP8= Free
Long
by ForecastCity
2
There is a possibility for the beginning of an uptrend in DSHBTCTechnical analysis: . DASHCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 46. . The RSI downtrend and the price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.019200 to 0.016700). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.019200) Ending of entry zone (0.016700) 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: Take Profits: TP1= @ 0.021800 TP2= @ 0.023500 TP3= @ 0.026500 TP4= @ 0.028800 TP5= @ 0.033100 TP6= @ 0.043300 TP7= @ 0.059900 TP8= Free
Long
by ForecastCity
4
A trading opportunity to buy in DSHBTCTechnical analysis: . DashCoin/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.023000 to 0.021000). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.023000) Ending of entry zone (0.021000) 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: Take Profits: TP1= @ 0.026780 TP2= @ 0.029000 TP3= @ 0.031150 TP4= @ 0.032790 TP5= @ 0.042210 TP6= @ 0.049820 TP7= @ 0.057430 TP8= @ 0.082010 TP9= Free
Long
by ForecastCity
2
There is a possibility for the beginning of an uptrend in DSHETHTechnical analysis: . DASHCOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.740 to 0.670). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.740) Ending of entry zone (0.670) 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: Take Profits: TP1= @ 0.820 TP2= @ 0.900 TP3= @ 1.027 TP4= @ 1.195 TP5= @ 1.365 TP6= @ 1.605 TP7= @ 1.910 TP8= Free
DLong
by ForecastCity