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...
DASH / BITCOIN
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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.
Price 0.008245 swings to 0.008181 which makes a supply zone, -the two work with 0.008115 to reject wave cd, but if bulls rise up to break above the dsl line then this set-up will be invalid.
Ok, let's see for another one :)