Trade ideas
DASH dashing up. DASHUSDComing up to the end of the Crypto week, I am electing to look at a fair few impulses. We have DASH here. And it's going up like many cryptos are right now. Goals at a close 90.4, 90.9, 92.66. Invalidation is ofcourse in red, as usual. Don't forget, none of this, and any of my posts, is ever financial advice. I might be a trader, but I will never trade for you for a whole list of reasons.
DASHAt a fundamental level DASH is exciting as it is one of the oldest cryptos still around . Having now been a part of not just 1 but 2 bear markets since 2014. This is promising. As described by the Lindy Effect "every additional period of survival implies a longer remaining life expectancy" .
Dash returned to its original trend line from 2015 for the third time in a year...this time spending several weeks building support on it.
Initial target will be the next trend line (0.236).
Out at break below original trend line.
DASHUSD: BULL RUN INCOMINGDASH has been consolidating for some time now.
As we can see, 4 failed attemtps to hold the trend line.
We have now held it.
Get ready
Please comment and like
DSHUSD :)DSHUSD
4 hours time frame
waiting for the retest of the support trend line as well as
support level as shown
regards
DASH can recover fastDASH use to be and is a top coin
"Dash has many features that provide it an edge over other cryptocurrencies like Bitcoin and Litecoin.
Dash can be used to make transactions in a more private and speedy manner because of these three features:
Masternodes, PrivateSend, and InstantSend."
Dash breaking short term resistance, and looking to test higher.Looking at the multiday time-frame, DASH is gearing up to test resistance. Currently breaking out from the resistance on shorter time frames.
Not Financial Advice
DASH just about to breakout?We are approaching the peak of this enormous consolidation triangle.
Underneath we have 2 strong support levels.
It's a very good moment to accumulate this crypto. We have a potential 2300% upside that will lead us just to the last ATH. Huge risk/reward ratio.
GL&HF ;)
Range Trading is annoying, but this where you HOLDLook guys, the reality is unless you bought Dash in 2015,2016 you missed the party.
Now this does not mean dash won;t repeat the same rally, it just means you have got to be a lot more patient.
Guys, you have got to think LONG term like 6 months minimum.
You go to ask yourself what are you afraid of?
Always hold a base if you are bullish.
Have a strategy of limit price orders - have a strategy, look for key prices like 60$ or 65 or $70
There is so many ways for you to manage risk.
You have got realize when you are holding dash, you are saying to yourself that i replacing cash for dash.
It is simple as that, and with dash comes volatility.
Understand liquidity of dash will also help you on how you trade it.
Guys watch the market, any time dash spikes 10% add and hold, if fades.. decrease or add more.
I mean do you see where i am going with this.
If you believe in the project and the coin. Accumulate get to the volume you like and don;t look back.
__REVIEW___
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You see how the index is going to be in range for a little while, well guess what, dash is going to mimic this. Just understand this, don;t panic, just be patient.
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow CryptoPunks!
_Ajion
Dash Flat with 3rd wave 87Fractal and Support
On last 62 day DASH atr on low is 6.09
10.88=6.09*1.788
24.36=6.09*4
November-December
TP1 - 74
Buy - 65
TP2 - 74
TP3 - 87
Daily:
💡Don't miss the great buy opportunity in DASHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (63.65).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD 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 support.
. The RSI is at 50.
Take Profits:
TP1= @ 75.30
TP2= @ 79.90
TP3= @ 87.90
TP4= @ 104.40
TP5= @ 117.10
TP6= @ 142.15
TP7= @ 184.55
TP8= @ 260.75
TP9= @ 399.65
TP10= @ 622.50
TP11= @ 803.35
TP12= @ 984.00
TP13= @ 1568.35
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in DASHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (63.65).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD 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 support.
. The RSI is at 50.
Take Profits:
TP1= @ 75.30
TP2= @ 79.90
TP3= @ 87.90
TP4= @ 104.40
TP5= @ 117.10
TP6= @ 142.15
TP7= @ 184.55
TP8= @ 260.75
TP9= @ 399.65
TP10= @ 622.50
TP11= @ 803.35
TP12= @ 984.00
TP13= @ 1568.35
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Dash - Prepping For LaunchUpside Price Target: $91.1 - $92.5
===============================
As always, watch out for STOPS-HUNTING BOTS!!!!
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, ALWAYS PLACE YOUR STOP LOSS at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
DASHUSD 1D RANGE TRADINGRanges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of volume average for a full position size.
b - If 75% of volume average then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
If not 75% then stand aside from the trade.
2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order.
Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd
trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look
at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit.
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
