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DSHBTC trade ideas

DASH/BTC Falling Wedge StrategyHello traders, DASH/BTC seens to be broken out of Falling Wedge witch is a Bullish pattern . The price already correct all fibonacci levels and found support, We have two buying points for DASH, one of them is if the price breaks the falling wedge on uptrend moviment, and the other is if the price and the other is on test of the important support level, the market all around the world is facing a turbulent moment, we must be carefull. Please, support this publication with your like. You are welcome to follow us on the Trading view.
Long
by MarketMinds
1
Dash Retrace Hits Support, Prices Likely To Bounce Full AnalysisDash (DASHBTC) found support when prices hit MA200 (0.008845). Also, a long-wick candle was printed that hit the 0.786 Fib. retracement support relative to the last bullish wave, giving us another signal pointing to the end of the retrace. If the retrace is over, what happens next? First, in order to be sure, we need a close above EMA10 (0.009064) on the daily timeframe to confirm DASHBTC's bullish potential. As soon as this signal is confirmed we expect prices to bounce (green/red arrow). If MA200/EMA10 can't be conquered, then we expect a drop (2). The 0.007590 / 0.007850 prince range can work as "strong support". Each time this level is hit we can expect a bounce. Below "strong support" prices can easily move lower. Above "strong support" the growth can easily continue. We are bullish long-term on Dash Network. Note: Even if prices move below "strong support", we remain bullish as long as the 26-Dec. '19 low at 0.005312 remains intact. Thanks a lot for reading and for your continued support. This is Alan Masters 🕉. I LOVE YOU!❤️ Namaste.
by AlanSantana
4
DASH/BTC - is the long lasting correction in the finale ?I have been motinoring DASH, since it pumped 200% in two weeks. After such a huge, volatile, big move, we usually see some long lasting correction and in this boring period, everybody forget on that strong move to the upside and when nobody cares about that chart, then we see uptrend continuation - I think, that DASH is very close to finish it´s correction, we are moving in some sort of wedge and I think, we will have one last touch of this lower trendline of the wedge, before very strong move to the upside, which should take us at least towards 0,019. If I had any money for trading, I would go LONG or buy DASH, after buying volume picks up and after price break that falling wedge.
Long
by Paraman666
Don't miss the great buy opportunity in DASHBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00857). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . DASHBTC is in a range bound and the beginning of uptrend is expected. . The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend. . While the RSI downtrend #1 is not broken, bearish wave in price would continue. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. Take Profits: TP1= @ 0.01018 TP2= @ 0.01305 TP3= @ 0.01655 SL= Break below S2
Long
by ForecastCity
15
Don't miss the great buy opportunity in DASHBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.00857). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . DASHBTC is in a range bound and the beginning of uptrend is expected. . The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend. . While the RSI downtrend #1 is not broken, bearish wave in price would continue. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 35. Take Profits: TP1= @ 0.01018 TP2= @ 0.01305 TP3= @ 0.01655 SL= Break below S2
Long
by ForecastCity
17
BTC feat. DASH - TOP catchingMy personal tip for trading: if you have two assets, that are highly correlated (in our example DASH/BTC and BTC) and one of these two assets has very nice, textbook structure (DASH), while the the other asset (BTC) doesn´t have really that nice structure, you can USE first asset to predict move on the second asset. DASH should find the top after we hit target of triangle and in the same time, BTC should also top out. In our case, DASH/BTC and BTC are moving in same direction.
Long
by Paraman666
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.
Long
by Paraman666