I tried to make a good reflection of the whole cryptomarket. I only could do this with coins that been trading for more than a year. Otherwise the chart did not work. So I made a chart with the following coins:
BTC, ETH, XRP, LTC, DASH, NEO, MONERO, XEM
If people also wanna chart on this chart use the following...
After a beautiful surge, we are not staring at at bullish flag, gathering strength into another breakout?
With more Traditional exchanges will allow trading in the crypto world will equal to more capital flowing into crypto thus pushing value higher. So unless, we are going to get some major bad news, it is unlikely that crypto will suffer a major bear...
Technical analysis:
. Dash/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of...
Pattern: 1W Channel Up.
Signal: Bullish as every pull back is supported on both inner and outer Higher Lows.
Target: 198.000 (structured Higher High growth rate).
Still in a triangle, boring i know. However, we do observing massive spikes and rallies in the ALT coin community.
So it is obvious to a lot of traders that a bottom is forming and accumulation by smart investors have occurred.
However, the big question is, Can this ascending triangle is just 1-2 wave into 3-4 bear wave?
Stay strong, HOLD the line. Patience...
Every time #DashForCash has traded on or below this trendline since February we've seen support come into the market.
Will the trend continue?
It's clearly visible that Dash is trading in an Ascending Triangle, and with the bullish sentiment coming into the market via Fidelity for example, I'm expecting Dash to outperform the majority of cryptocurrencies in...
Here is an idea for Dash. We can see that the downtrend shares some similarities with the last one years earlier.
Now this of course is based on the premise that BTC does a strong correction after reaching the top of this rally.
If BTC however does not do a strong correction, then this fractal idea is invalidated.
Nonetheless, it would be interesting to see it...
Dash has found support right at the previous high of the last parabolic move, very bullish IMO.
It would be nice to see a test of $146ish USD & consolidate or continue to move higher.
$123ish USD is where "strong" support will be found.
Time will tell per usual.
Looking to the left we can see that the price has lately made a rather big bullish move. Right now the price movement is in a correction that is moving in the bearish side. We believe that Dashcoin has more upside potential and are expecting another bullish movement shortly. Probably right now as the price has already made a smaller bounce from a line that has...
March 30th I made I price target of $167.00 USD by the end of summer, but with the recent activity in the cryptocurrency space I'm thinking by the end of the week we may reach this level.
The next resistance on my chart is $147ish USD. And then $156ish USD.
Neptune Dash seen some heavily volume today with 11M shares traded on all the exchanges.
The price is above both red resistance lines. Beyond the high of april there is room for the second doubling after the dezember low. Note the ladder which indicates subsequent doubling in harmony with major resistances.
On my previous chart Dash appears to have broken the trend, but when you ZOOM in & readjust the trend line that's not the case.
$109.00 USD is where the support on my chart is, I expect to see a strong bounce off this support if tested.
Time will tell per usual.
In my previous post i talked about Dash potentially make a large bounce off support, that has happened for the 4th / 5th time since Febuary this year.
It would be nice if Dash made a push to $122.00 USD & consolidated.
Then break flush out of the ascending triangle & retest the resistance at $138.00ish USD.
Keep your eyes on Neptune Dash if you're trading...
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
