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DSHBTC trade ideas

DASH preparing for break through overhead resistanceWatching this bullish pennant forming on the DASHBTC daily chart. This could either be in the next 24 hours or maybe one more retest at the lower dotted red line before going up. Target of an upside break from this pennant is 0.026. This is based on the height of the flagpole formed around March 12. Idea would be invalidated on a high volume break down below the dotted red line. DASH performed in a similarly predictable manner after forming a bull flag around 12 Feb. This then broke to the upside to form the current pattern. Overhead resistance at around 0.0238 may limit this upside break so keep an eye on that if entering a trade here. Successful break through this resistance may see it retested as a support later on, potentially launching DASH further on up. Dashed purple arrows are an indication of what this may look like. Expecting this pattern to complete by the end of March, faster than the previous bull flag. Am watching movement of both LTC and BTC as potential clues as to whether this breaks up or down.
Long
by OliverTrader
I don't want to Wash... So, I got some Dash! Dash is one of the altcoins that got my attention this week and I started to accumulate some... It might not be a good time to buy during this bear market, but we should keep an eye on DASH! After breaking out of the triangle, I assume that Dash will start moving up and make profits. · we are in the reload zone · break out of the triangle · we have a divergence which is a good reason for a trend reversal · the risk reward ration is 5,27 ( mathematically this is a great opportunity ) · MACD and RSI are easily becoming bullish Disclaimer : My ideas are never financial/invest advice! For a favorable outcome, make your own research! Don't forget it's all about patience and positive thinking! Feel free to share your thoughts on the comment section below. If you like my idea, push that like!
by trade-crypto4ever
Dash - Weekly Trend Support Vs.BTCHello fellow crypto traders, here is a nice look at DASH/BTC on the weekly. We can see solid response of trend-line support, and respect of weekly oversold RSI, and structure support. In the bullish crypto scenario, I can see Dash as an out-performer here, to make similar gains against BTC as seen in Litecoin these past few weeks. If you are fomo'ing Litecoin right now, i think this might be a better place to put that capital to work. I like a bid below the $0.025 satoshi level - plenty of upside room afterwards if we can clear this level. Risk management is easy to spot here - with upside targets aligning with previus structure resistance, as well as downward sloping trend-line, with stops now comfortable below 0.02. Best of luck, hit thumbs up
Long
by Lorenz_Capital