Dashbtc
DASH/USD, Long, Wyckoff AccumulationEverywhere I look, I see accumulation. It feels like the bulls are just getting warmed up... And Dash is no exception. Comment below, what do you think? Will Dash follow VET's path or fail and find a new low?
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See how the Wyckoff Accumulation played out for VET:
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D.Y.O.R . Not Financial Advice Just an Observation.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
Don't miss the great buy opportunity in DASHBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00731). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DASHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 0.00843
TP2= @ 0.00982
TP3= @ 0.01050
TP4= @ 0.01210
TP5= @ 0.01360
TP6= @ 0.01610
TP7= @ 0.02090
TP8= @ 0.02575
TP9= @ 0.03250
TP10= @ 0.03840
TP11= @ 0.04865
SL= Break below S2
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Don't miss the great buy opportunity in DASHBTCTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00731). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DASHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 0.00843
TP2= @ 0.00982
TP3= @ 0.01050
TP4= @ 0.01210
TP5= @ 0.01360
TP6= @ 0.01610
TP7= @ 0.02090
TP8= @ 0.02575
TP9= @ 0.03250
TP10= @ 0.03840
TP11= @ 0.04865
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Trading Idea on DASH/BTCHello Traders,
For DASH, we are below the long term resistance line, so the scenario is bearish for this asset in the long term until we are below that line.
In the short term, we felt the support level at the blue line.
This can give the bulls a try to take the price to the resistance line, but the movement is weak
I bet that we can stay inside a sideways movement for a little longer
above 0.0080 will start to look bullish once again
Push The like Buton and follow us on tradingview
Dash Weekly PerspectiveDASH transactions are increasing by 100% in parts in China.
DASH had a big pump backed by high volume a couple of weeks ago.
It's near a very low point and in my subjective point of view DASH can't get any much lower.
DASH can clear out the oblique resistance with ease and hopefully march its way back up.
In the linked idea you can see a more close up look I made couple of weeks ago of DASHEUR. At the time of writing it got rejected at 113 euros.
This means it made a lower high which is bearish.
DASHBTC - Bleed coming to an end?DASHBTC has been pushing the bottom side of the wedge ever lower over the past few days, resisted by a very defined bleed line. Price has finally crossed over (confirmed on daily+lower timeframes). Looks to be in accumulation faze. Plenty of room to move up and not too much in the way.
Accumulation/buy zone - 0.007530 - 0.007730
Some possible take profit targets:
Target 1 - 0.007860
Target 2 - 0.008324
Target 3 - 0.009393
If wedge broken next targets likely to be hit.
Target 4 - 0.011504
Target 5 - 0.015216
Great Risk/Reward if buying in the box with the stop-loss around 0.007400
Have a great day
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DASH/BTC 12H (Binance) Channel & triangle on supportTA: Digital Cash (renamed Dash only) is facing strong support of parallel channel and symmetrical triangle.
FA: Privacy coins have a bright future in cryptocurrency world like Zcash (ZEC) and Monero (XMR) as I already mentioned few month ago.
Also I would add Komodo (KMD), Pivx (PIVX), Zcoin (XZC), Verge (XVG) and Horizen (ZEN) to the list (in no specific order).
Current Price= 0.007910
Buy Entry= 0.007912 - 0.007452
Take Profit= 0.008540 | 0.009139 | 0.010108
Stop Loss= 0.006824
Risk/Reward= 1:1 | 1:1.7 | 1:2.83
Expected Profit= 11.17% | 18.97% | 31.58%
Possible Loss= -11.17%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 1080h
DASHYou probably recognize that DASH is the coin that the alts pump parade began several times. Like in January it happened again. Now we've formed an interesting large falling wedge with clearly expressed support near which we're and from which as we see on the Bitfinex exchange, capital came in. This's a positional trade with minimal risk with small volume fixation. I think it'll be near the resistance line of this wedge.
Sincerely, Mr. EXCAVO






















