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...
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...
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...
The transaction will be active in a month for 30 %
In this situation, the growth of buyers and sellers.
If there is a strong news it will be easy to go up
If you trade with leverage, determine the entry point or watch me, I will update if the situation changes.
I keep my hand on the pulse, put a pending order at a price of 110 - 112 $
I like to use the Bloomberg Galaxy Crypto Index (BGCI) to get an overall View on where the Crypto Market is heading in general. If you aren't familiar with this index, please visit:
Please take the time to follow Cryptorae on Twitter if you like this chart :-)
TradingView chartsetup: Credit...
Today I wanted to update a chart for Dash because I am seeing further upside to come.
Based off my Elliott Wave count we are as follows... Wave one in completed which takes us to wave 3.
Of wave 3, waves 1, and 3 are completed. What follows next is wave 5 of 3 which will complete wave 3 in this Elliott Wave cycle.
My target for the end of wave 3...
Volume increasing on average, MA's beginning to crossover, BTC/USD showing more than one or two signals that show that if we haven't bottomed already it won't be far lower than we've been already; these are, in my opinion, great reasons to presume a significant ROI on this asset over the next 2-5 years.
Let's have a little thought experiment by making...
Up 10%+ on the day, Dash has been one of the stronger Alts in the recent week. After breaking out of the accumulation zone and holding the $90 support, dash ran higher through the $105 and $115 minor resistances. Yesterday we traded into the $140 resistance region which we are currently still holding today.
For now A break through the $140 level and we should see...
Entonnoir : W/D/H4 (swing)
Biais haussier en weekly. Le daily (découpage jaune) vient de sortir de compression et en est à sa 2ème impulsion et donc toujours tradable en H4.
Je pourrais prendre position à l'achat sur la prochaine sortie de compression H4.
Funnel : W/D/H4 (swing)
Biais is bullish on weekly. The daily (yellow drawing) has just...
Based on the Bitcoin code and launched in early 2014, Dash was initially known as XCoin and soon renamed to DarkCoin. In its early stages, it was mostly focused on privacy and anonymity, which led to the coin being used heavily for darknet market purchases. It was described as “the first privacy-centric cryptographic currency” by Evan Duffield and Daniel Diaz, the...
DASH is gearing up for a big move that could see it rise several spots in the market cap rankings. Now sitting at 14th spot it would not take much for this token to gain 4 or 5 spots in the ranks. Currently trading just below the $95 level it is up about 50% since hitting its bottom and looks like it could easily move up to the $120 level in the next few weeks to...