#DASHUSDT – Bullish Breakout Setup | 1H Chart Analys#DASH
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.
The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.
A key support zone (in green) has been identified at 29.20. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 30.00
Target 1: 30.13
Target 2: 30.41
Target 3: 30.67
You can close at the second target or wait for the third target to be reached. The choice is yours.
Stop Loss: At the resistance zone (in green).
Remember this simple rule: Money Management.
Dashbtcbuy
#DASH/USDT – Bullish Breakout Setup | 1H Chart Analys#DASH
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.
We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.
There is a key support zone in green at 41.50. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend towards stability above the 100-period moving average, as we are moving close to it, which supports the upward movement.
Entry price: 42.50
First target: 43.52
Second target: 46.86
Third target: 46.34
Stop loss: Below the support zone in green.
Don't forget a simple thing: capital management.
For inquiries, please leave a comment.
Thank you.
#DASH/USDT – Bullish Breakout Setup | 1H Chart Analys#DASH
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards a breakout, with a retest of the upper boundary expected.
We are seeing a bearish bias in the Relative Strength Index (RSI), which has reached near the lower boundary, and an upward bounce is expected.
There is a key support zone in green at 44.40, and the price has bounced from this level several times. Another bounce is expected.
We are seeing a trend towards stabilizing above the 100-period moving average, which we are approaching, supporting the upward trend.
Entry Price: 45.00
First Target: 45.68
Second Target: 46.81
Third Target: 48.30
Remember a simple principle: Money Management.
Place your stop-loss order below the green support zone.
For any questions, please leave a comment.
Thank you.
DASHBTC testing 0.005 level as you see from graph after making huge pump on mid of february DASHBTC is trying to pass 0.005 level and cant be able to do it till now. Dominance dropped below 55 and btc is rising huge. So conditions are perfect for going up. Next test for 0.005 will be passed strongly and the way to the ATH will be open. So for the long position you can wait to pass 0.005.
20k DashTo add to my earlier analysis and raise the bar. Dash is probably a month or so behind Ethereum in the market cycle and seems to be mimicking with uncanny accuracy. Ethereum right now shows multiple similarities to bitcoin in early 2017.
This is a slightly absurd call on the surface but if you dig a little deeper into Dash's development cycle, fundamentals and general stealth-ness it's more than possible. Two things needs to happen for it to play out.
1. Bitcoin needs to reach north of 200K
2. Dash needs to reclaim it's market capitalisation position amongst the big caps (top ten). Ultimately a big trend reversal on the Dash/BTC chart.
If these two things can happen then there is a positive expectancy of 20K! Bitcoins market strength is unreal at the moment.
If 2017 is any metric to go buy we will see crypto prices reaching far beyond our imaginations like they did in 2016-2017. No one saw that coming, none of us who were buying in 2016 - early 2017. No one could have ever imagined it would play out as crazy as it did. I'm yoloing into this call and will be averaging my other positions in over the next few weeks. See you at the top, f**king send it.
DASHBTC has formed a bullish BAT | Upto 605% expectedPriceline of Dash / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
Now the price action is hitting the Strong support of 0.01005008 sats which is not broken since Jun 2016.
In the meanwhile the MACD is turning bullish.
Stochastic is also in oversold zone.
I am expecting the next candle stick will be moved back into PRZ area so for secure trade we can wait for next candle stick and then buy.
I have used Fibonacci sequence for targets:
Buy between: 0.02685690 to 0.01435586
Sell between: 0.05662192 to 0.10132215
Regards,
Atif Akbar (moon333)
DLong










