Missed the opportunity of buying in early stage. It is nice to see how the corrective waves hit exactly the targets as expected for a crypto correction. A wave until 0.618, B wave 0.618, and shallow C wave until 0.5. Next targets Sell; 1090 euro Buy 1; 970 euro (End of wave 4) For long term investors I would suggest to buy now and buy with a small...
Chart is self explanatory As usual, make sure you set your stop losses and comment below with questions or thoughts and don't forget to become a member
As described in last analysis, DASH reached the Fib 1.786 target and is now consolidating. A bullish triangle pattern is forming on the 4H chart. If this pattern breaks in a bullish way, this could be the fifth Elliot wave, and the last wave before the correction downwards. - Safe buy target: 676 (after bullish break) - Risky buy target 649 -> - Sell target 765 -...
Dash is about to complete the 5th wave in its move up. It is currently in a bullish flag touching support. We are trading on the 1.618 fib line long-term so be aware that it could bounce down. If we clear this resistance however, 700 is a conservative target.
Based on the two previous all time highs (September; June), DASH is expected to go all the way and a bit above the Fib 2.00 level. This is also shown buy red line. After DASH had a short retracement until the Fib 0.5 level, it now surpassed the 0.618 and seems to go strongly.The brokage of a possible dubble top is a good point to buy in and to ride the third...
Possible bearish trend reversing on DashEur. Please be careful with your money management
After recent developments, its obvious that risk management is everything. "spreading risk" over multiple currencies might just be an illusion.
As we see, the price is currently moving in a channel that goes upwards. If the RSI touches the trend line and the bars touch the orange trend will show whether the price will continue to rise. The course can thus go up to 500. The target was calculated with several Fibos.
Buy..... above 290 dollars.
Dash is near the price-fibo (0.786). I think we see the bottom at 160 USD. In expectation of a general trend-reversal - imo - it will go up (not as strong as other currencies). Let's see what happens. Happy trading. :-)
As we can see Dash is on a nice breakout of it's short-term downtrend. With the MACD sending a buy signal, it's a good opportunity to buy.