DASHBTC trade ideas
DASH going higher with the Moving AverageFollowing the patron of before Moving Average, the price tends to fall before rise. Next few days between 5-10 December should have crossed the line again, starting a Rise to around .0700.
Indicators from MACD follows a similar patron on the month before.
First IDEA published.
Short Dash while you canAfter a running Dash can start desacelerate and there is a good opportunity for a sell.
Buy opportunity at 0.062 for the next pump to the moon.
We see support as our drive for a rentry in the market.
Also with Bitcoin in down trend can influence other coins values as well as little as recover also may dictate the bear trend for while on Dash.
Please comment, i will be glad to hear your thoughts.
Cheers,
DASH/BTC - Eyeing That 1,000$ Psychological MarkDASH has been exceedingly bullish recently, after building a solid consolidation base around 280$ region earlier in Nov.
The dash/btc pair show a nice Bull Trap slightly under 0.04btc, right before price took off to current highs.
That's a pretty strong indication of a potential new breakout/ATH ahead ;)
Strong technical bullishness, building on the favorable fundamental news of soon-to-launch DASH Pay / DASH Evolution platform = More Room for UP!! :D
Trade with caution on steep uptrend, especially with multiple BTC forks incoming, expect volatility ahead.
HAPPY TRADING! \(^o^)/
DASH/BTC - Next Target 0.095-0.096BTC or 1,000$ Mark DASH has been exceedingly bullish recently, after building a solid consolidation base around 280$ region earlier in Nov.
The dash/btc pair show a nice Bull Trap slightly under 0.04btc, right before price took off to current highs.
That's a pretty strong indication of a potential new breakout/ATH ahead ;)
Strong technical bullishness, building on the favorable fundamental news of soon-to-launch DASH Pay / DASH Evolution platform = More Room for UP!! :D
Trade with caution on steep uptrend, especially with multiple BTC forks incoming, expect volatility ahead.
HAPPY TRADING! \(^o^)/
Dash Is Racing With BitcoinDash had a strong rally against bitcoin which has started at the beginning of this month. It went up sharply and tested btc 0.087 level, gaining a massive 150% advantage over BTC.
The corrective wave followed which started on 12th of November, sending Dash down to btc 0.05 where the 200 Moving Average was rejected. Following wave up broke above the descending channel suggesting the trend remains bullish. The 200 MA has been rejected twice and DASH/BTC started to produce higher highs and higher lows yet again.
Currently, Dash is trading right at the 50% Fibonacci support, that is $0.06 level. The 200 Moving Average is located a little lower at btc 0.058 and this area should act as a support at the moment.
Seems that price could be very attractive for short to medium term buyers and it could result in another wave up. The very strong resistance is seen at btc 0.08 as two Fibonacci retracement levels meet there. First is 50% retracement from all time high, a second is 261.8% Fibs applied to the corrective wave after the descending channel breakout. If Dash manages to break above the btc 0.08 resistance, much more upside potential should present itself.
While price stays above btc 0.05, trend should remain bullish, but a break below that level would invalidate this outlook.
DASHBTC LongSwing Trade (D, 240)
On daily price is in Overall Buyers territory. On trading time frame the recent seller is taken away by the buyers with lots of power and the price shows that it can't make a LL as it leaves a probe or spike at the bottom. This is a conservative entry and proper Risk Management needs to be taken. As we are correlating with BTC, it has a good strength and that is one of the minus point.
Entry: 0.0746599
TP: 0.00000736
Stop loss: 0.083
Position Size: 1% Risk on your capital/4584.95
Risk/Reward: 1:1 So, minimum RR.
If TP is hit then we will be at 10% profit.
Buy from Sellers and Sell from Buyers.
$DASH Bitmain's hustle coin going into 2018Dash:
This is not financial advice, take it with a grain of salt. This is technical analysis using channels, fib charts, and market sentiment.
DASH is Bitmain’s hustle, Bitmain sells the most powerful DASH miner at the moment and it’s one of the most used coins in Asian markets. DASH is a super volatile coin and it could be due to miners liquidating their coins. I really look at this as a miners coin since it’s one of the most profitable coin to mine. With Bitmain’s machine a couple months ago you could spend 2800 on a D3 miner and return of 10k each month. I was personally trying to buy one, but it would sell out within 5 minutes at 4 AM Pacific Standard time O.o .
This is a good coin to hold, but you have to have balls of steel through all the volatility. I have displayed a buy zone until the next big bounce which I predict to start end of 2018.
Good luck with this one folks. Also, if $BTC continues to rally throughout the year all the alt-coin prices will shrink and skew. Meaning the fib charts would do the same. The number shown here could be much lower.
The never ending DASH pump..Suicidal shorting, No. 232 - the DASH dump.
Made this for myself... But why hide it? I always feel bad hiding my work. I'm not saying it's any good, like...
I can't see DASH coming down much in USD btw, I just think BTC has had its bags packed for a while now.
Interested to know if anyone else sees this?
Or if anyone thinks I'm insane, that would be useful too.
Note that those candles are a week long.
LONG DASHBTC Swing Trade (Weekly, Daily)
On daily Buyers are pretty aggressive as the bounced back for the Support area and they wiped out the strong Demand area which is holding for a while and holding above the Demand level , So, technically it is a buy, if price hits this area so aggressive with much power then we can tell that Big Boy is doing his purchase and so, we do.
Entry: 0.0567 BTC
TP 1: 0.0677
Stop loss: 0.0579
Position Size: 1% Risk on your capital/600
Risk/Reward: 1:8 So, HH RR.
If TP is hit then we will be at 16% profit.
Buy from Sellers and Sell from Buyers
DASHBTC Gann Fan of 2017 and Beyond...Lots going on with DASH right now
trying out the Gann Fan across 2017 on the 1Day chart
plz let me know if i got it wrong......
4hr chat show the double bottom reversal and up channel leading to the breakout, support is there to take DASH much higher into 2018 (well the miners wont sell ASIC's if there ROI is 6 years :P
retrace will bring a good chance to get in this one with very little risk, though still use proper risk management!
gratz to anyone in a long from that double bottom zone