POLONIEX:DASHUSDT   Dash / Tether USD
RSI is coming off hard from this oversold territory, MACD is crossing up. And if you zoom in we are forming a choppy inverse head and shoulders on the daily. If we break this $60 area we should get a pretty big move It's enough for me to want to roll the dice on this one.

Happy Trading,
-Sherem
Jan 11
Comment: Wow! Dash with a spike up to $65 already!
Jan 11
Comment: From spike to now we are printing $66. Nice.
Jan 13
Comment: $72
Jan 14
Comment: FYI, we are targeting $145 area. Already in the mid 80's. Don't be surprised if we get a pull back, but we are aiming for that $145 area.
Jan 14
Trade closed: target reached: Hot damn! went all the way and touched $140. That's good enough for me to book a profit. A quick double up. Will shoot for a re-entry.

Jan 14
Comment: Other reasons for closing besides doubling up, way over extended RSI on the daily and even the weekly. Hit that 61.8 fib and resistance line.
Jan 14
Trade closed: target reached: New Dash buy in target. $81.15. Limit order set.
Jan 28
Comment: Dash hasn't retraced, the question is, is it about to bust this $116 level and move up? cause it's not coming down and if it follows ETC, we are moving up next. Hm....
Jan 28
Trade active: Yeah, I am going to enter here. Rolling the dice has worked so far, gonna roll them again. entered at 116.32
Jan 29
Comment: Beautiful, up we go.
Feb 25
Trade closed manually: If you haven't already book that double up. This support is in the process of breaking down.
All my posts are not intended as financial advice, just me sharing what i am doing with my research and positions. Don't stress, pick your points and don't use leverage.

Comments

Another very good call!
+1 Reply
Sherem theredbaronZ
@theredbaronZ, thank you! :)
Reply
What is your target on this move?
Reply
Sherem theredbaronZ
@theredbaronZ, Right now targeting 180-200, but I don't have a sell order there yet, I want to see what it does when it starts really moving
Reply
I Martingaled and got in at $95 and $108. Didn't make it to $81 but oh well.
Reply
Sherem theredbaronZ
@theredbaronZ, Nice! great play.
Reply
On fast movers like this do you Martingale back in or just wait for a level? Just curious.

P.S. Thanks for the target points.
Reply
Sherem theredbaronZ
@theredbaronZ, You can yes, and it works well. However since most coins are so low overall I am comfortable NOT putting ladders on at certain points with the understanding that i might have to hold for a little bit longer through a bigger dip. Becuase something like Dash which is starting to moon, you might not pick up all of your points on the downside. Martingale works better and is safer in bearish markets while point entries work better in bullish markets.Of course it all depends on where things are at a given time. In the case of Dash here I moved 5% of my portfolio in and will take that +profits and try to go back in around $81,
Reply
What is your swing target? or is this a long-term hold?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out