Hello, Traders! Monfex is at your service and today we overview DASH/BTC . On the chart we see a large rising channel or a bear flag . The price now near the channel support and has two scenarios: 1 there will be a breakdown of the flag down and for greater certainty we will consider the level of the red line near 0.00808 . As goals, we take Fibonacci...
Priceline of Dash / Tether US is forming bullish Cypher and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait...
On rsi and macd see some divergence Good enter point: 70-71 usd Stop: 68.5 usd Target: 79 usd
Expect a downturn in the price of a particular currency, which is influenced by the movement of the bitcoin price. Every investment and every trade is a risk, so you should always do your own research before making any decisions. We do not recommend investing money that you cannot afford to lose.
this is just an idea, do not trade or make any desisions on this post.
DASH - Overall a very strong uptrend since the start - Positive Elliott wave theory / should start 5th wave up - Very low coin circulation - Privacy features - Hitting on long term support now / strong impulse
DASH's 4-hour BTC chart is looking very bullish. The price has caught support on the the MA200 and is moving on up. The MACD is also curving at support and has a near bullish crossover. There are several support levels if DASH retraces a bit, but I think this is a good entry point. I've set some possible reversal areas where there might be strong...
Priceline of DASH / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah. Price action has hit the lower band of the bollinger bands after Dec 2018. But beware the volume profile is still showing the traders interest even below the PRZ area and MACD is also strong bearish, even...
Interest in the asset will be only after crossing the EMA 99 ema 200 I drew on the screen after which you can buy this asset
Priceline of DASH / US Dollar cryptocurrency has formed shark pattern and entered in potential reversal zone. MACD is turning bullish. Stochastic is oversold. From here the price action can hit the sell targets soon insha Allah. I have defined targets using Fibonacce sequence: Buy between: 112.1357 to 92.8000 Sell between: 137.7805 to 185.3515 Regards, Atif...
if you have your market view, please share it in comments Also you can ask me questions... Have a great day everyone!
Similar situation to that from XRPUSD
BINANCE:DASHUSDT is on the support line. if this 2H candle is doji, we can enter to trade. buy: 104.21 1st tp: 107.15 2nd tp: 108.43 3rd tp: 110.82 4th tp: 112
Despite the recent correction DASH is still holding strong above it's trendline (any large timeframe closes under would invalidate idea). Opening longs in this area, TP's shown on chart, setting SL under trendline.