DASHBTC is testing the daily support after an important bearish impulse. IF the price will lose the support, we can see another bearish impulse.
According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure...
I have had a favorable view of Dash for a while and have been trying to construct a trading plan. The scratching in the back of my head had me look at the DASHBTC chart and compare it to the ETHBTC chart and here are the similarities I plan on using until my plan is invalidated for the next couple of years.
Chart Overview and Analysis
The black bands were...
DASHBTC was unable to pass0.0055 level for further upside attack and started to drop with btc dominance. Last defend line is trend support point which is sitting around 0.00455-0.00460. we will see if it will bounce from there or brake the uptrend and will turn back to the all time low target ( 0.0023x ). Apart from the market dash is drawing so negative charts...
DASHBTC broked longtime down trendline and after huge sell of on btc again dropped back to the early points. Now the target is 0.00580 - 0.00650 - 0.00770. When BTC start to climb over 43k fast recovery expecting from DASHBTC.
A Trading Signal is seen in the DASHBTC Dash / Bitcoin
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.00474
⭕️SL @ 0.0044
🔵TP1 @ 0.005409
🔵TP2 @ 0.00635
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Dash has been putting higher highs since the start of the year, after performing poorly since its launch.
Entry at .0069 (as we all like), first target at .009 btc, second one at .01 btc if you are feeling lucky. Support is around 0.006484 btc so I would set it around that.
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in case you wonder about dash collapse in the last days.
here is some proof of its reversal
check my other analysis on DASH, and from this level (320) we might experience a +1000% (which will be its top as far as i can say)
DASH/BTC is looking very bullish on the daily we have a impulse followed by a nice correction which has just hit the 0.618 fibonacci and rejected to the upside, dropping down to the 4hr we have a big double bottom- break above the neckline and now we are retesting this zone as support, we can also see this nice 4hr bullflag i expect a breakout and continuation soon