If the market can stay above 100.00 level, we will get a horizontal price channel with the borders between the resistance level at 140.00 and the support zone formed by 100.00 and 92.00 support levels.
If so, the price reversal from the bottom of the price channel can be used for buying. Stop orders for long trades can be placed below 92.00 and the main profit...
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.
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.
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
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 :...
It may just go up from where we are now.
if it is respecting the cup and handle pattern, then we could see retrace to 125-127, then a break through past the 134 level.
not financial advice.
stay safe.
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 :)
Heres another pennant present, this time formed, Dash on the H4 timeframe projecting a target around $169.. the price has reached the first interim and returned back to the funnel level then to push back to the first interim were it is currently sat.. The price may pull back to the funnel again but i could easily see the price having rised possibly even quite...
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: super-bullish above 'X'
DASH USD 1H Chart is showing bull flag consolidation pattern. After the next level resistance is broken it is clear for DASH to hit $141. Keep an eye out.
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!!!
We entered DASH at rock bottom sub $40, this was a no brainer and is 101 FOR TRADERS.. BUY WHEN NOONE ELSE WANTS IT. It hit the $135 profit zone perfect for huge gains.
Now in a consolidation pattern and looking to break the flag one way or the other. Usually once these break they go hard. I would think it needs to blow off some steam, however, a break to the up...
want to see dash close above 122 on the daily; however, ichimoku may provide resistance for a fakeout.
bear : if it breaks through top of the ichimoku, the bottom may provide support along with the resistance that already exists at ~113.
bull : if it can break the wedge then it will go to 130 then down for a retest of support on top of the wedge.
keep in mind:...
