The market give us a new buy opportunity. A pennant chart pattern tells us about further upward movement. But for this the price will have to break the resistance level of the pennant. If so, this pattern will be realized as a continuation chart pattern. Long trades can be opened based on a breakout signal. Entry level is 443.00 with stop at 388.00 level. Profit targets are at 500.00 and 550.00 levels. This trading signal is not the perfect one. DMI gives a bullish signal, but ADX starts falling and we should be ready to see short term downward movement. But for this the market has to break support zone formed by Kijun line and 400.00 support level. If the price bounces from this zone, it will be a confirmation of further upward movement.
@Detri4228, do you spend BTC instead of fiat money in real life? Why do you need altcoin/BTC pairs?
Detri_Mantela
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@DLavrov, because BTC only by itself grows in price. So what the point in searching for some alt that may possibly make 10% grow in a week when BTC will make it for sure. We have to make BTC, not USD. The more BTC we have the more USD it will bring us in the future.
personemail
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@DLavrov, there are more btc pairs than usd pair he he he he. that means more opportunities
Padlomfaan
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@DLavrov, Theres obviously 2 mindsets here. Yours I agree with about 90%. And his, he clearly wants more bitcoin and thinks bitcoin will continue to outperform alts on a dollar basis.
I think more bitcoin is nice, but I also know that if you bought dash 10 months ago and held it till today, it would have out performed bitcoins gain. In which case I didn't buy enough dash 10 months ago as dash was the better purchase(and I still think it is.)
Also, I think the real targets after this breakout are somewhere between $900 and $2500 for dash.
AAGur
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@Dashtothetop, +
AAGur
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@AAGur, The miners are furious from such a low rate of DASH. Trying to abandon przekazanych Dashmaster cost of$ 10,000 (which must create at least$ 35 per day, but not today 4$), but the Chinese are they still shipped to customers. Is brewing, something big.
Ghost-Trader8
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@Dashtothetop, it isn't going that high any time soon. Maybe $600 by the end of 2017 and $1000 by the end of 2018
chestnutTV
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@DLavrov, probably certains prefer to take a 10% profit despite the -15% btc/usd pair change :)
Padlomfaan
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@Detri4228, I think more bitcoin is nice, but I also know that if you bought dash 10 months ago and held it till today, it would have out performed bitcoins gain. In which case I didn't buy enough dash 10 months ago as dash was the better purchase(and I still think it is.)
Make more with BTC pair!