defi is the narrative now, just like lots of narratives before. Have exposure to it while its all going up... that said....
going through the charts i see stuff like dash. I think on a move past 0082 we go to .0107 or so
going higher and taking out the .012 i see near .03. Why? Whats the narrative? I dunno, lets find out then.
its a down trend for now with a...
DASH/BTC IS ON THE VERGE OF A BREAKOUT!
Dash is ready to make its move, but will you be part of it?
For the past few months DASH has been in a downtrend within this falling wedge, but finally there are some signs of strength.
MACD > Bullish
Volume > Increasing
. There is a possibility of temporary retracement to suggested support line (0.00731). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. DASHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
For DASH, we are below the long term resistance line, so the scenario is bearish for this asset in the long term until we are below that line.
In the short term, we felt the support level at the blue line.
This can give the bulls a try to take the price to the resistance line, but the movement is weak
I bet that we can stay inside a sideways...
DASHBTC has been pushing the bottom side of the wedge ever lower over the past few days, resisted by a very defined bleed line. Price has finally crossed over (confirmed on daily+lower timeframes). Looks to be in accumulation faze. Plenty of room to move up and not too much in the way.
Accumulation/buy zone - 0.007530 - 0.007730
Some possible take profit...
On this quick analyses for Dash on weekly charts, we can see that we are inside a long-term downtrend channel, and we just make our test on-resistance of this channel, so we can be heading up to test the support of this channel, but we have a strong support level below the price, so we don't believe that we will test this level pretty soon, and the...
DASH transactions are increasing by 100% in parts in China.
DASH had a big pump backed by high volume a couple of weeks ago.
It's near a very low point and in my subjective point of view DASH can't get any much lower.
DASH can clear out the oblique resistance with ease and hopefully march its way back up.
In the linked idea you can see a more close up look I made...
Hello, Dash is currently on a long term support, showing a double divergence (higher mins with lower RSI) signaling an exhaustion of sellers. In general Privacy are the best set up for a small rally.
Already said about monero XMR (see the linked idea), also ZCASH looks nice, still waiting for a breakout on that one...
Dashbtc, is at a support zone atm. It looks if the daily candle closed in the current sittuation, it Will form a doji candle near a keylevel. The risk is small, with good managment. I Will give it a change. Small SL.