I was sitting here before Dash dumped thinking man that look like the Crypto ascending triangle. Sure enough, it was. So far ever crypto has a tendcy to do this, move up in a perfect ascending triangle only to then dump. this is basically market makers trying to screw people out of money before running it up again.
Because of this, this is why I can draw this...
This is a pretty massive pennant/equilibrium. We have some time to let this get tighter but I wanted to get it out there for anyone not aware. I'll give more information on my expected price targets etc after the break upwards. If we dip below $99.79 we're most likely doing something other than this equilibrium.
showing the chart for dashusd on bittrex to because unlike krakens it hasnt broken out of the pennant yet..also put a lower breakout target in case it only counts the triangle and not the the pennant and its around $175. On both exchanges however the golden cross should occur by the next daily candle so I'm, still very bullish
Priceline of Dash / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 56.446 to 49.984
Sell between: 61.450 to 73.570
Regards,
Atif Akbar (moon333)
a clear distribution pattern has been printed a great buy over the next couple of weeks last time you'll see double digits when it dumps time to accumulate in a big way these markets will be extremely fun this year so be careful
What a month a January was, wohoo! I hope you guys held, and sold at good profits :)
I was surely off on some of the fractals of the January, and the patterns was a lot stronger.
We did hit our expected FIB correction price.
No, so what is up with February: It comes down to if either 3-5 or 1-2 bull rally.
Depending on that we are going to have a few...
Back with another full Crypto Roller Coaster trade setup CT . As always take some time to LEAVE a LIKE and hit FOLLOW if you appreciate such analysis.
I believe DASH is making its way towards the $300 range forming a massive 2nd touch on weekly/monthly HTF scale. This could be seen in 2 big moves. Part 1 is here.
--- FULL TRADE INFO ----
TRADE 1:
Category :...
See how similar the current bullish break out is on DASH with the one at the start of 2016. Break above the Lower High trend line (dashed line) and the 1W MA50 (blue line). The RSI on the same level and the LMACD on a bullish cross-over below 0.
In the previous cycle, the ATH (then) was reached in August 2016, the current cycle is more stretched (longer) so I am...
Dash was one of my earliest picks due to the organization behind their community and development team. I first added to this coin back when it was at 338 and it has since performed quite well. Dash has quite a few use cases and has already penetrated the transactions market. Most importantly Dash's quick recovery even gains during the past few days says much more...
DASH has entered a period of consolidation after its recent rise and resulting correction. Depending on price action in the coming trading days, a buying opportunity could be emerging.
Watch the support and resistance levels marked by the horizontal lines in the above chart.
XRP beginning to catch up with alt majors
should see 0.45 at a minimum
last time to buy cheap XRP here
this one will outperform BTC post halvening just like in 2017
this time will not be different
grab a bag!!!
Hello traders!
Today we will talk about cryptocurrencies, specifically DASH in which we potentially see the bottom and bullish reversal.
Well, what we have noticed in the Crypto market is that we usually see some trend changes at the end of the year. Let's take Bitcoin for example; BTC topped at 20k at the end of 2017, then bottomed at 3k at the end of 2018 and...
Dash is currently in a upward channel. It seems we are going towards the bottom of the channel.
If support holds we can long till resistance and see if we can break that area!
Let's Go :)
Imminent breakout for DASH, likely to push towards 'Century VWAP'. DASH is unlikely to go above the VWAP on the first go, this recommends to sell at that level and re-buy on the following dip. Next target is 170'ish followed by a run to 200+ by the end of this month.
Possible entry point as low as 120:
WEEKLY RSI:...
here is another update as per request to several individuals.
There seems to be two support lines close together the two (white) lines around $113 - 114. and two other support (cyan) lines around $111 - $113.
- These support lines seem to be holding pretty well. Especially the white line.
Resistance:
- White resistance line: The first point I made this from was...
I hope these reports help you guys, if they do, please hit that like :)
I think the crypto market is desperate to get out of this descending channel.
The fight is real, and you can tell that bears are getting aggressive at specific price levels, that they find as key levels they think they can punish bulls at.
Can't blame the bears, you can blame governments,...
