Hi, if dash will have no further break downs, im looking for it to break up in a day or two.
The price is going to touch Zero line of Fibo channel.
DASHBTC looks strong during the current BTCCNY & BTCUSD turmoil. Now it reaches another important milestone on its up-move: While the price is trading above the Ichimoku Kumo Cloud, the Lagging Span (Chikou, the green line) is fighting to cross the upper border of the Kumo, both on Daily and Weekly charts. If Chikou succeeds, we can expect DASH to rise up to...
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 :-)
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 :-)
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
Look back... DASH respects the 4 hr MA. Coming down to test, should bounce, according to pattern. Just an idea. :)
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.
Dash looks very promising with its instant transfer and strong community. Now with all the FUD surrounding the major competitors it has been gaining alot of traction. After reaching new ATH a proper retracement is imminent for profit takers and new hands to jump in the missed opportunity. This is a relative easy short but need to keep an eye in case the bullish...
Hi. Risk vs Reward seem good here. Why not short?
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...