"Dash Time to Buy" by trader DLavrov — published March 11, 2018

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Dash / Tether USD (POLONIEX:DASHUSDT)

POLONIEX:DASHUSDT Dash / Tether USD

trendanalysis supportandresistance indicator dash dashusdt cryptocurrency

The price is going to bounce from 500.00 support level . RSI and a reversal candlestick pattern confirm the price reversal. In spite of MACD and DMI still confirm the downward movement, we have the 1st buy signal. It's possible to buy above the support level with profit targets at the resistance levels. Don't forget about stop orders for a case, if the price breaks the downtrend line. They can be placed below the local swing low.

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Thanks !!! super !
Please update

Thanks for the insights. Like dash, multiple coins show a same chart and buy signal (like VeChain). Does this mean that I can use this uptrend baseline for other coinpairs?

GymTanLimp

@GymTanLimp, other markets must be used based on the signals from their charts

dash/btc is the same can we buy ?

chjabbar

@chjabbar, no, it can move in other direction and with other volatility. It's another market.

Till Nov 2017 Dash was booming. Now I don't have faith anymore in Dash.

EV075

@EV075, if Bitcoin continue the uptrend, other markets will follow also. May be not to 1500.00, but at least 1000.00 level can be reached.