DASH/USDT found support from it's bearish movement at its broader trend line around $925. It has since broken out from $1000 creating a higher low confirming a bullish reversal and continuation of its previous trend line. RSI showing bullish movement. Resistance is located at $1200, target ATH at $1500. Breakout over $1500 possible with volume. We've seen how...
The price bounced from the support zone formed between 1000.00 level and the uptrend line. RSI confirms price reversal and MACD histogram supports upward movement. It's a new buy opportunity. Pending orders for buy can be placed at 1125.00 level with stop orders below the swing low at 850.00 level. The main profit target is 1500.00 level. The profit target for...
DASH - Here is an idea for a trade with potentially good profit. Dash has been doing well. Although the bullish signal is not strong yet, it is a good place/time to set up a trade. Targets, buy area and stop loss along with support zones are given in the chart. Overall, Dash is a strong coin, which has great potential to move upward. I'd say this may be a short...
The price bounced from the support zone formed by SMA100 and 1000.00 support level. RSI confirmed price reversal. The new swing low is higher than the previous one and if the market breaks the previous high, we'll get a signal confirming further upward movement. MACD gives bullish signal and DMI allows opening long trades. Buy orders can be placed above the...
Risk: Medium Dear followers, Dash perfectly bounced the strong support level. 50ma and 0.5 fibbonacci retracement. We need a close on the daily chart above these support levels to reach our targets. Like I already said in previous ideas. I see these corrections as healthy corrections and the crypto market is still bullish. For me, these are signals that the...
The price bounced from the support zone formed by SMA100 and 650.00 support level. After that we got a breakout above the downtrend line. It gives us a new buy opportunity. MACD supports further upward movement. DMI allows opening long trades. Pending orders for buy should be placed above the high of the signal candle at 748.00 level. Stop orders must be placed...
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:...
Analysing the beginning trend over the past week. I'm learning trade analysis, feedback is very welcome on its accuracy.
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.
Now is the time to consider selling rather than buying If correction occurs, you can buy in the range $500~ in Dec
Dash, it's not Bitcoin and it can fall. The market gives several signals confirming downward movement. The price bounced from 650.00 level. RSI confirmed price reversal. MACD supports downward movement. We have a bearish divergence which is a trend reversal signal. DMI shows that buyers are not so strong now and we should not expect for strong upward movement. The...
Followin flag rules, after an high trend base acumulate a little bit, now we can see it might goin back to a high trend, is this correct?
Bearish RSI helping to make the case that DASHUSD is due for a correction downwards before continuing to move up. Please read the text boxes, they explain all of the placement of the lines. Feel free to leave any feedback and/or questions in the comments
If we look at the daily chart of Dash, we can see a pennant chart pattern. If the price breaks the resistance line of this pattern, it will be realized as a continuation one. We'll be able to buy based on a breakout signal or place pending orders above 500.00 resistance level. But if we look at 2 important indicators like MACD and DMI, we have to note that their...
The market give us a new buy opportunity. A pennant chart pattern tells us about further upward movement. But for this the price will have to break the resistance level of the pennant. If so, this pattern will be realized as a continuation chart pattern. Long trades can be opened based on a breakout signal. Entry level is 443.00 with stop at 388.00 level. Profit...