DASH/USD has shown a break at strong trendline support at 315 on the 4H charts.
Recovery attemps in the pair have been capped below new trendline support turned resistance at 320 levels.
On the daily charts, the pair has slipped below 5-DMA on Monday's trade and on the day upside was capped at 5-DMA at 320.
Price action is below daily cloud and major EMAs. Scope...
I entered a bullish trade on Dash . I'm still looking forward to the overall crypto market to reach more lows, but the DASH/USD chart checked a few boxes in the 'trade-it' column.
1) I like to look for long trades when RSI has a double bottom in the relatively extreme 20-30 range (conversely, exit trades in the 70-80 range). This becomes more attractive to me...
Dash is almost at the bottom.
From past 5 months , the DASH is dumping hard.
Now the price is at buying zone. In past the price was going to moon from this level.
Chart already looks great to breakout, because
Falling Triangle Pattern, which is a bullish reversal pattern.
RSI is almost nearly to oversold zone..
But the price needs to break this resistance...
Traders,
Here we have DASHUSDT on the D chart.
The initiation of this pair still in progress to retest the final bottom at 250$ and from there it will be a destiny for the future prices.
Regards,
Mohsen
Step #1: Dash cryptocurrency price needs to show a steady rise that suddenly accelerates to the upside.
When this reversal pattern is complete, it will resemble a cup with a sharp bottom.
This sharp acceleration usually is the last stage of a bull cryptocurrency market, and it’s followed by a sharp reversal if all the trading criteria for a valid Spike and Ledge...
Here also we are waiting for another wave of fall. I want to see overthrow. Break of the final diagonal triangle down and quickly return to the triangle. This situation would be good. However, there are other triggers on long. There is also a shrinking volatility and soon we expect an explosion
As you know most of the cryptos are have been correcting lower the latest days.
Same with Dash. I am expecting more downside to the areas mentioned above.
That area will be a decision area. But I am expecting a bigger bounce in favor of DASH.
Most of the cryptos have a similar structure lower. Have a look at my recent analysis. or They all look similar and...
DASH is the second “leader” of the day as the currency pair has lost about 7.12 percent in the past 24 hours. DASH/USD has reached the local lows today and has found support at $374.77. The currency pair jumped off this line later.
DASH has almost reached the local descending trend line (red) but is still below it. DASH price is below the Ichimoku cloud meaning...
The red line is Bitcoin, and the axis shows percentages. Scrolling through the chart, we can see that Dash reliably follows Bitcoin's price with one major exception: when we entered the big bear market in 2014, after the Mt.Gox pump, Dash had quite a big increase in price (around April - June 2014).
We might be in a similar scenario right now: Bitcoin had an...
The rolling three-day signal for Dash (DASH) is "BUY". This is day one of the three-day signal. The signal will be updated again Friday. For further details or discussion, feel free to leave any questions or check out signature/profile.
by the time i could remember to post this it was already going down
i just took profit at 398 from 404 using 100x leverage...u gotta be quick..ill prorbably be looking for more shorts all the way down to 290s
Closed all of my crypto trades (BTC, ETH, BCH, LTC and DASH).
All are setting up similar to the bitcoin chart, at this point all cryptos are so highly correlated, just going to wait this out.
Downtrends and new supply zones on D1, bearish engulfs on WK, nothing real strong looking on the WK either.
My plan is to:
1. Wait for price to reach recent WK imbalance,...
The rolling three-day signal for Dash (DASH) is "Buy". This is day one of the three-day signal. The signal will be updated again Friday. For further details or discussion, feel free to leave any questions or check out signature/profile.
The longitude of the last recoveries has been about 90% to 100% and 12 to 18 bars. This taken in mind I have drawn a possible trend channel to the next high (circle).
Just before reaching this aim DASH has to break an important resistance: fib retracement 23.6% (568$). Perhaps it´ll break through but then falls back again. This is definitely a profit take...
Dash has found the support at $278 where it formed a double bottom. Following wave up resulted in the break above the downtrend trendline and the 50 Moving Average, suggesting the change in trend or a correctional move upwards.
The nearest support is now based at $300 area, which is the trendline and the moving average breakout point. It is likely that the price...
The rolling three-day signal for Dash (DASH) is "Don't Own". This is day three of the three-day signal. The signal will be updated again tomorrow. For further details or discussion, feel free to leave any questions or check out signature/profile.
