Like for the rest of the coins, the bearish trend is applied also for Dashl. Based as well on a decreasing market capitalization, it seems that the price is also searching for a bottom. Technically speaking, the trend channel seems to be created by the peaks of 292$ and 231$ reached on the 20th of July and the 2nd of September, while the bottoms are 164$ and...
Welcome Back! Taking a look at the weekly it looks like were finally finished correction. Market structure points to a falling wedge breakout which would indicate a reversal, as well as, continuation. These are my targets for the bounce im expecting. They were calculated by Fibonacci which thus far, Dash has shown to follow quite accurately. God Bless,
Hello guys, at the moment DASHUSD is in touch with an important resistance level. In my opinion, if prices are able to stay above 280 USD (R1) for a couple of hours, loading indicators, it could develop a run to 300 USD (R2) as first step and then to 320 USD (R3) as second target. In case set up is triggered, stop loss would be set to 268 USD. Volume is not...
Hello guys, I think DASHUSD at current level represent a possible good entry point if examined on daily time frame. As you can see from the chart this crypto could rebound form two main reasons: the first one is DASH is on an important supportive area either respect to USD or also BTC and the second reason is related to volume, which is rising during the last...
DASH - 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...
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...
Hello friends, This structure is the perfect buy for me. I will watch when the price rises around $750 area. this is my primary target. If the price keeps going I will hold the trade.
Dash/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...
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
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:...
Since 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.
Hello 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...
Hello 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...