POLONIEX:BTCUSDT
I am long bitcoin from 700 USD and I have trailed my stoploss everyday to 834. At this momemt I think it can easily rise up to 1000 USD but maby with some hiccups. I want to keep riding this train so I stop trailing my stoploss.
From now I leave 1/2 my btc open with a stoploss @ 834 USD
and 1/2 of my BTC open with buy order DASH @ 0.011687.
I...
With the BTCUSD launching To The Moon, DASHBTC is falling out of the Ichimoku Kumo Cloud.
Lagging Span (Chikou, the green line) is hitting the price, where it can find some support.
There is also the bullish divergence between the price and RSI on the hourly & 4-hourly charts.
So we can expect at least the price rebound from these lows.
Hope Remains :-)
Can you find all the bullish patterns and reversals on the chart?
Ive been in this for a while, and have been shilling to friends for, i dunno, maybe a couple weeks.
Ive always liked dash.... yes i know it doesnt have as good anon as xmr and zec. At least dash had a gui and instant send for a while, and governed funding ideas (yah i know the...
Last week DASHBTC breaks the resistance of the Lead 2 ( Senkou Span B , the red border of the Kumo cloud) and now fighting to cross the Conversion Line ( Tenkan Sen , the blue line).
At the same time Lagging Span ( Chikou , the green line) successfully crossed the price, confirming the up-move.
If DASHBTC breaks the Conversion Line and Lead 1 ( Senkou Span A ,...
For about a month DASH is flat, trading along the last support frontier, Lead 2 ( Senkou span B , red border line of the Kumo cloud)
This week Lagging span ( Chikou , green line) is trying to cross the price and close above it on both, the weekly and the daily DASHBTC charts.
If it managed to do so it could lead to the trend reversal and some nice up moves :-)
Possible inv megaphone
nearing previous resist/support lines
I think it mostly depends on btc, though not sure well get past the 4800cny/7xxusd.
Also may just continue straight down to 125 or below. Be careful.
Disclaimer, I normally publish coins I already have.
Comments and criticisms welcome.
Cup and handle, bounce off 50% fib, handle break, obv hear ath, extremely bullish near price ath.
fundamentals: top governance system, youtube propaganda, instant send
Watching Dash. If it won't go now with bigger downward move below 0.0187, descending triangle will end up next ~2 weeks. What's next? I have no idea, I'm neutral od Dash now and I recommend to wait. 200ema on 4h acting now like support (or should act as a support like before). Good luck.
If you follow the recent market activity, you'll notice that BTC has been pounded lately. Without going into the speculation around the why, let's look at how the markets reacted. DASH (Bitcoin's Brother) saw an uptick during the downward trends of BTC. I believe this is due to some of the characteristic of this currency. DASH rides in a different dimension...
Just looking at dash after someone mentioned its a "sorta working" DAO, its more anonymous than automated though, due to the masternodes and voting/proposals. The network ranks in the top 10 as far as I can remember for distributed nodes (along with btc, ltc, ppc, nmc, many alts are complete garbage for security of nodes/distribution of nodes and chains)... anyway...
Dash seems following BTC correction; after the complete ABC black pattern i'm looking for the red ABC move, pointing to the lower channel. In that point we should look at the price action for a possible bounce or a breakout of the lower channel.
