DASHBTC trade ideas
DASH/BTC - back in uptrend or only ABC correction ?DASH managed to form 5- wave impulsive structure, so we will very likely see another bullish small cycle made of 5 waves. But we don´t know, if these next 5 waves will be only part of ABC correction and DASH/BTC will continue in downtrend OR if these 5 waves will be more impulsive then previous 5 waves, DASH could be back in uptrend. Bullish level is very strong resistance, if we get above it, then I will be very bullish on DASH/BTC. I am already in long at 9902 satoshi.
DASH ANALYSIS (ONE MORE DROP EXPECTED!!)
DASH ANALYSIS:
DASH is another coin on freewill after peaking into highs above .016. DASH is still on a. Hard retrace and I expect a further decline from here until the 200MA is hit. The prime entry zone for DASH Im looking at is .0087. It is possible we dip slightly below due to heavy selling. Therefore, stagger bids at and just below .0087. I expect bulls to step in upon entering this yellow box and a rapid rise to come shortly after. No sense in longing now, rather wait for another red wick on the daily chart. Stoch is heavily oversold, but RSI has another leg available to drop. Volume hasn’t bottomed either, which makes the last drop more feasible. Long term outlook rides up to T2 and T3 at .011 and .012!
Possible Entries: .0087
DASH Fuelling Up For Big Launch?Looks like DASH is fuelling up for a big launch. It made some epic gains in January, but during this last run that the other big coins have made DASH hasn't really moved much. Seems like it's forming a bull flag. Looking for a close above the resistance line with some volume. Happy trading.
Dash Close to PumpHello Traders,
Dash seems to be close to finish its Elliot Wave 2 in a huge symmetrical triangle. It would be an excellent coin to invest in the near future.
We suggest to open long when it break out of those triangle.
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Dash flag and handle/ bullish fibonacci bounceDash went for a nice run at the beginning of january and retraced nicely with nice bounces off the .50 fib and accumulating between .382 /.236 indication of bullish signs in the future. Another strong confirmation of bullish signs is the flag and handle chart pattern. In the past this indicator has been signs for bullish movement. Buy zone is 11k satoshis to 13k satoshis . With the Take profit point being 20k to 22k. Stop loss point is 10k satoshis.