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Dash/BTC Will The Bears Win? Price Analysis Dash Has Been In A Downwards Descending Triangle Since The Start of The Year & Holders Will Be Getting Nervous As Dash Is Forced To Decide Which Way It Wants To Go. As We Edge Nearer The End of The Descending Triangle Dash Will Either Break Up or Down, And If Dash Breaks Down It Will Go Below A Longer Support That Has Been In Place Since April 2017. I Have No Doubt The Price of Bitcoin Will Have A Deciding Factor On Which Way It Goes, For Now Its A Wait & See. I Would Not Be Surprised If Dash Broke Up Out Of The Triangle & Just Gave us Some Sidewards Action For A While, A Break & Close Below The Support Would Have Me In Full Bear Mode For Dash In The Short Term. Follow For More Updates This Is Not Finacial Advice
by CryptoFeed101
$DASH , Saved or Sell Off Weekly Looking at our highest timeframe we see price has been in an aggressive downtrend since forming our all-time high back in March of 2017. Stochastic RSI showing momentum continuing towards the downside, price making it’s way towards our last major support if we do not hold at this level expect a drop towards 2750000 satoshis. Daily Shifting over to our pattern timeframe we see price respecting a minor downtrend inside of our major downtrend. Lower high formed recently at our 4350000 satoshis, expecting a lower low to form near our 3500000 zone. A daily close above 4350000 activates our trade, however if we close below 4000000 expect a drop towards 3500000. 4Hour Finally looking over at our trigger timeframe we see price has broke out of its small downtrend and is currently testing for support. A close below our blue line and expect a drop towards 3500000, however a 4hour close above 4100000 indicates support has been found. Conclusion Wait For A Daily Close Above 4100000
by UnknownUnicorn2434649
DASH/BTC rebound still possibleDASH/BTC posted humble gains today and continues to be under high selling pressure after the failure to reach the 50% line of the ascending pitchfork. It could still increase if stays above the 0.04018414 static support and within the minor ascending pitchfork's body. Right now is retesting the 50% line of the descending pitchfork, so only a rejection from here it will attract the buyers again. A valid breakdown below the 0.03993329 low will confirm a further drop.
by Forex_Academy
A trading opportunity to buy in Dash is near...Technical analysis: . DASH/BITCOIN is in a downtrend and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 31. . While the RSI downtrend #1 is not broken, bearish wave in price would continue. Trading suggestion: . The price is in a downtrend, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.0402 to 0.0366). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0402) Ending of entry zone (0.0366) 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 reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0457 TP2= @ 0.0502 TP3= @ 0.0571 TP4= @ 0.0630 TP5= @ 0.0721 TP6= @ 0.0920 TP7= @ 0.0972 TP8= Free
Long
by ForecastCity
A trading opportunity to buy in Dash is near...Technical analysis: . DASH/BITCOIN is in a downtrend and Beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 31. . While the RSI downtrend #1 is not broken, bearish wave in price would continue. Trading suggestion: . The price is in a downtrend, but we forecast the uptrend would begin. . There is a possibility of temporary retracement to suggested support zone (0.0402 to 0.0366). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.0402) Ending of entry zone (0.0366) 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 reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.0457 TP2= @ 0.0502 TP3= @ 0.0571 TP4= @ 0.0630 TP5= @ 0.0721 TP6= @ 0.0920 TP7= @ 0.0972 TP8= Free
Long
by ForecastCity
1
$DASH BTC Bullish divergenceLooking at $DASH/BTC daily we can see it’s been in a sideways channel for a while and respected the support and resistance levels however on its most recent downwards movement we can see there’s a chance for it to reverse and test the top of the channel earlier then expected. Bullish divergence on the MACD and room for growth on the Stoch RSI. I will be entering this trade at support at the bottom of the channel or once the downtrend line is broken depending on where it goes. Target: 0.079 BTC Stop loss: 0.003
Long
by WorthTheRisk
Dash Coin is ready to breakout !! Dash is almost at the bottom. From past 5 months , the DASH is dumping hard. Now the price is at buying zone. In past the price was going to moon from this level. Chart already looks great to breakout, because Falling Triangle Pattern, which is a bullish reversal pattern. RSI is almost nearly to oversold zone.. But the price needs to break this resistance trendline to start its rally.. So there is a lot of chances that, DASH starts its bull run.. *****If You Like My Ideas,then hit the like button & Follow me for Latest Updates..****** Disclaimer: I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** " Be Happy, Be Disciplined & Keep Smiling "
by iamiyaranjan
Dash (DASH) is on board the good news vesselSince its launch date, Dash has managed to become popular fast and has become a favorite with many in the crypto community. Arguably one of the most secured blockchain platforms in the market, many investors and traders prefer Dash due to its cross-border transaction features. Its platform runs on a self-governing protocol by which its number of users actually is the deciding factor as to what the value of the coin will be. 2018 will be a great year for the crypto community as the growth of most altcoins is most probably set to happen. Dash is future proof and ready for the days to come as it has already integrated numerous improvements to its blockchain platform compared to many other digital currencies. This would be of great importance in the highly volatile and competitive world of trading and investment particularly with that of cryptocurrencies. Dash was officially launched in January 2014 under a different name Xcoin which was then changed to Darkcoin. Many negative sentiments arose as Darkcoin somehow seemed relevant to the Dark Web which is notorious for illegal activities which prompted the name change. It belongs to a sub-group of cryptocurrencies known as privacy tokens which include Monero and Zcash. Arguably, these coins offer better security, privacy, cost and efficiency in general as compared to other coins in the market. Aside from its secure platform and other features which make Dash a prime choice of many traders, it also boasts of its lightning speed transactions. Regardless of location and borders, transaction types and others, the altcoin delivers fast and secure dealings to its clients. This makes it one of the best altcoin alternative in the market. On average, it only takes 4 seconds for a transaction to be confirmed using the InstaSend feature; a big difference when one has to wait for minutes or hours for a blockchain transaction to be confirmed. Transparency is also another feature or factor integrated with DashPay that further adds to the stability Dash has to offer. Dash also has a unique interface which makes it able to process transactions off-line. By bridging the gap between the online and offline platforms, it has introduced a new ball game to the crypto market community. As for predictions made by analysts and experts in the crypto community, despite the recent downtrends and bearish runs, they say Dash will do well this year. They speculate that a market value price of around $ 1,200 USD to $ 1,500 USD is highly probable and would probably happen by the fourth quarter of this year. On the more longer time scale, many experts agree that a $ 5,200 USD market price is probably in 5 years time. A general rule not just in trade or investment but in business as a whole is, “Buy low, sell high.”. Those who follow this rule are the ones who usually make it to the world’s million list or even billionaires. Those who take the risks gets to harvest the fruits of their actions. Of course, most of them are experienced traders and investors which has done many research and studies to back their investment choice making it as “calculated risks”. If their calculations are right, then the profits are truly rewarding. Those who take risks based on luck and hunches alone usually end up losing with some very few instances of wins. It’s fair to say that seasoned traders and investors in cryptocurrencies place their card on Dash for many good reasons. The crypto community is quite strong in its sentiments when they say that Dash may perhaps become one of the top crypto coins in the market due to its feature-packed platform.
Long
by CryptoMetaTrader
1
DASH/BTCDash's low in December, when Wall Street took a dump on EVERYONE, was 0.034. It's currently at 0.04, so beginning to ladder buy here may not be a terrible decision. That said, I've learned that the traders who control this market are capable of stretching it to insanity on the way up and to despair on the way down. Markets do not bottom until all stop losses have been triggered and all margins have been called... Markets do not top until 99% of traders are convinced it will not stop going up... Until everyone who sold at profit FOMOs back in...
by ovvnyou
1