Hello, everyone!
If we suppose that the Bitcoin will bounce to 45k (may be from current, may be with double bottom forming) the DASH have the nice potential buying opportunity. We can see that it is in the Fibonacci golden pocket and is about to form the true bullish divergence with MACD. We should wait for the increasing column on the MACD hist to consider this...
DASH has been a little scary over the last capitulation. It has broken below summer lows just like EOS did even earlier. I would not worry about that too much as we have to know that market cap is not that big, so price can be much more volatile. Just like with btc we can still form a double bottom, but i highly doubt we will go any more lower as we are already as...
Dash (DASHUSD) broke its 102.175 support, which invalidates the previous bullish ORANGE pattern. This is significant because it confirms that the larger 2nd-degree correction that started after the May 2021 has NOT yet completed.
Primary RED Pattern
The RED pattern can take DASH all the way down to 61 before seeing a bounce back up. This sees the entire rally...
DASH makes a correction of the previous fall.
I expect a rebound from support and a move up to resistance.
Be careful, put a stops.
Have a nice trade!
Your Solldy
I lowkey just realized ! How else would mind cap gems have these amazing %5000+ gains
They would have to be @ a really low point first then moon.
LTC
Dash
BCH
XRP
ZCASH
XLM
Neo
Omg network
They might fall lower but I’m just gonna keep accumulating LTC & dash wether they go up or down .
(Not financial advice )
DOGE sank hard, like all other cryptocurrencies.
If you have not gone short before, you should wait for a correction to get a better entry price.
Have a nice trade!
Your Solldy
DASH shows a diamond top on the weekly chart with a break to the downside out of the channel.
measured move takes us down to roughly $70.
have patience and stay safe
not trading advice
tg
There is so much going on in the above weekly chart - where to start. Circled in black we have the 21-week (yellow) moving average crossing the 50-week moving average (green). This is very bullish, look left.
At the time of the last cross RSI was 61 - exactly where it is today! Even if you’re not a fan of fractals you have to admit RSI value at the time of the...
This currency is expected to grow well due to its good divergence and also its good price range.
---------------------
Dash full chart view:
---------------------
Macd RD+ created:
---------------------
*This post is an analytical post and does not mention any signals or trading offers.
-Thanks-
DASH/USD is at support zone. It has witnessed a sharp correction and the risk-rward is
highly favourable now with 1:5. The probable holding time is 3-4 weeks.
