DASH/BTC
-new support is found at 0.01 sats
-100D MA acting as dynamic support also
-key upward trendline support helped the price bounced
-upside target is up to 0.016 sats
-stoploss below 0.0096 sats
DASH/BTC
Since there is no significant support is built during its parabolic uptrend,
we expect DASH to continue its slow death back to the mean or next key support area
which is located around 7200-6300 sats before we can see some relief rally up.
DASH/USD
DASH strong uptrend must be over temporarily as the price already declined by over 30% drop.
Key areas to be watching is between 92 - 78 levels as this floor coincides
with the 50MA and upward trend-line support, we could expect a minor bounce from here.
DASH/BTC
DASH went straight up 80% from Swing Low to the current price.
Be cautious opening Long positions as the RSI hits overbought extreme conditions and no strong support built around 8000 - 9500 sats area.
The only immediate area of confluence I can see is 8000 - 7300 could act as relief bounce or potential build a new area of support
as the EMAs and...
DASH/BTC
DASH is on a strong uptrend coming from low 5300 sats area, DASH is facing a strong resistance or the downward channel of this pattern.
If the price can closed above this trend-line tomorrow, we could see potential rally up to 7000 sats area before making a pullback and form a new Higher Low to change the market trend.
DASH/BTC
A bullish falling wedge pattern broke to the downside inside due to the BTC Dominance pump that happened a few days ago.
DASH has temporarily set a bottom at 5312 sats area and now testing the immediate Daily EMAs.
If DASH can continue higher, areas for potential rejections are between 6310 - 6590 sats regions.
Then we could expect a downtrend action...
DASH/BTC - BEAR
- Inv. HVF setup on DASHBTC
- BTC also looks to be in a rising wedge suggesting a spill down
- If BTC were to spill it will likely trigger short orders on DASHBTC
- Would prefer more volume
