WITH A DASH OF NITRODASH - Did you forget about dash?
Many believe that older altcoins have had their day, and there's nothing left in them, nothing could be further from the truth.
If you prefer to buy and hold consider dash after your own research and risk analysis. I'll keep short and simple.
Here is a daily chart giving us an inverted Cup & Handle pattern.
Long term potential x10
HODL ON
Dashusdanalysis
DASH. Detailed analysis. And Key levels
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
Dashcoin Can Be Bouncing Higher Soon!!??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 somehow waiting for a bounce higher.
If Dash breaks 280.37 low. This view will be invalid. Let's see. Patience is key now.
Hope this helps
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
DASH is the second “leader” of the dayDASH 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 bears are dominating the market.
The possible scenarios for the coin are the following:
1. DASH will jump over the local descending trend line (red) and move higher, towards the next resistance area at $400.30.
2. The currency pair will jump off the descending trend line (red) and move towards the closest support area at $374.77.
3. DASH price will remain unchanged and fluctuations will be quiet.
The cryptocurrency has left the Ichimoku cloud on the daily chart, but the fluctuations remain calm. There is no momentum currently. Dash price is able to test the lower side of the Ichimoku cloud.
Check more detailed crypto analysis HERE
Dash/USD pauses downside, stay long on close above 5-DMADash/USD pauses 5 consecutive sessions of downside.
Trendline support at 1120 levels. We see minor weakness on break below.
Next major support below 1120 lies at 20-DMA at 1008.85.
Violation there could see test of 850 (major trendline) and then 50-DMA at 728.
Technical studies are not supportive of major downside. RSI holds above 50 levels and is turning north.
ADX has also not been supportive of the downside, we still see +ve DMI dominance.
5-DMA is immediate resistance on the upside and break above could see resumption of upside.
Support levels - 1100 (38.2% Fib retrace of 252.50 to 1625 rally), 1008 (20-DMA), 850 (trendline)
Resistance levels - 1178.71 (5-DMA), 1250 (Dec 17 high), 1301 (23.6% Fib)
Go long on breakout above 5-DMA, SL: 1080, TP: 1250/ 1300/ 1420.
Dash Ascending Triangle Breakout??Dash/USDT is forming an ascending triangle and it formed a double top pattern. When the Dash breaks the resistance at $815, it will shoot upward, IF IF the bitcoin 7.58% does not fall drastically. Buy order should be placed at above $815 level and stop loss should be placed at below $725 level.
Buy order: $815
Stop Loss: $725
First Target: $943
Second Target: $1158.9
Good Luck!
This is not a financial advice, and please trade at your own risk.
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Dash - Still in a downtrendSince its all-time high at 412 USD in late August Dash is in a correction.
We might see further weakness that could lead to a another test of the former resistance zone around 190 -220 USD. Here Dash would be a great contrarian buy again.
Trend followers instead will likely wait for a breakout buy signal above the red downtrend line currently around 310 USD.
DASHUSD-DASH Bulls in charge? 30.10.2017Hello Guys,
After 22.10.2017 candlestick close, DASH price action closed below the lower BB meaning price was overextended.
Since then, we have seen, despite these crazy whipsaws how prices have been moving higher relative to the lower BB. DASH prices have retested $250 support a couple of times but they always close within the BB. DASH prices are also closing higher and supporting stochastics buy momentum.
There is a buy signal in place. For conservative traders, a break above 20 period Ma and $310 resistance trend line will only guarantee a safe DASH bull entry.
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DASHUSD-Neutral-27.10.2017Hello Guys,
DASH continue to consolidate, benefiting scalpers. If anything, there is a clear three falling method candlestick pattern with price action held within a $68 range marked by 24.10.2017 Hi-Los.
By 26.10.2017 close, the significance of the 20 period MA as a reliable resistance line became clear. As mentioned yesterday, that was the 26th trading day of candlestick close below that flexible resistance line after 01.10.2017 close below.
DASH trigger will depend if there is bullish pressure pushing prices above $310 or sustained DASH pressure below 25.10.2017 lows of $260. Either way, this consolidation and correction low after Tuesday 3 day reversal pattern still justifies our bullish projection unless maybe USD bulls trend higher and push DASH prices below $260.
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Enjoy you day guys. CIAO










