A trading opportunity to buy in DASHBTCTechnical analysis:
. DASH/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02080000 to 0.01772000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02080000)
Ending of entry zone (0.01772000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.02369300
TP2= @ 0.02589200
TP3= @ 0.02822700
TP4= @ 0.03294000
TP5= @ 0.04231000
TP6= @ 0.04986000
TP7= @ 0.05745000
TP8= @ 0.08202000
TP9= Free
Dashbtc
DASH - uptrend when pass over resistance level test 30k - 32kDASH - forecast
Frame: 1W/ 1D/ 4H minor Upward. strong resistance at 0.030 ~ 0.032 satoshi
refer zone BUY and SELL
DASH/BTC Binance
BUY zone: wait : 0.02600 - 0.026505
SELL Target:
0.030858
0.032000
0.032900
STOP LOSS: under 0.02600
***
DASH basis Information:
Dash (DASH), formerly known as Darkcoin until March 26th, 2015, is a privacy-centric digital currency with instant transactions. Similar to cash, Dash allows you to remain anonymous while transacting. Dash protects privacy by anonymizing transactions that are made over the network using a technology developed by the Dash team called DarkSend. DarkSend is inspired by the CoinJoin project that was birthed to anonymize Bitcoin transactions.
Using Dash, payments are private and cannot be tracked along with balances. Dash harnesses the power of its Masternode network to power an innovative technology called InstantX. When sending funds, users can use InstantX and transactions will be fully sent and irreversible within four seconds.
Dash was released on the 18th January 2014 with zero premine coins. It uses 11 rounds of hashing algorithm namely blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, and echo. As of the current design, there will only be 22 million Dash ever created, making it a deflationary currency.
@TrungVuz #TrungVuz Trading
DASH finding some traction in the market LONG(20%-52%PP) DASHBTCMake sure to LIKE and FOLLOW if my content provides you value! Thanks
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
$DASH, Formed a bull flag as continuation of the bulliUpdate on $DASH, Formed a bull flag as continuation of the bullish trend..
As entry you can buy now and wait for breakout or aim for bullflag support
As we sideways on the bullflag, EMA200 will become resistance
Potential Targets on the chart
#DASH
Dash long setup incoming?Dash looking pretty nice for a long trade in the near future, waiting for a test of previous resistance which should now be support.
Only issue I have is that it failed to gain above the previous pump so more risk is in play here so use correct risk management.
Setting orders from 20546 to 20250 for a swing
DASH preparing for break through overhead resistanceWatching this bullish pennant forming on the DASHBTC daily chart. This could either be in the next 24 hours or maybe one more retest at the lower dotted red line before going up.
Target of an upside break from this pennant is 0.026. This is based on the height of the flagpole formed around March 12.
Idea would be invalidated on a high volume break down below the dotted red line.
DASH performed in a similarly predictable manner after forming a bull flag around 12 Feb. This then broke to the upside to form the current pattern.
Overhead resistance at around 0.0238 may limit this upside break so keep an eye on that if entering a trade here. Successful break through this resistance may see it retested as a support later on, potentially launching DASH further on up. Dashed purple arrows are an indication of what this may look like.
Expecting this pattern to complete by the end of March, faster than the previous bull flag. Am watching movement of both LTC and BTC as potential clues as to whether this breaks up or down.
I don't want to Wash... So, I got some Dash! Dash is one of the altcoins that got my attention this week and I started to accumulate some... It might not be a good time to buy during this bear market, but we should keep an eye on DASH!
After breaking out of the triangle, I assume that Dash will start moving up and make profits.
· we are in the reload zone
· break out of the triangle
· we have a divergence which is a good reason for a trend reversal
· the risk reward ration is 5,27 ( mathematically this is a great opportunity )
· MACD and RSI are easily becoming bullish
Disclaimer :
My ideas are never financial/invest advice! For a favorable outcome, make your own research!
Don't forget it's all about patience and positive thinking!
Feel free to share your thoughts on the comment section below.
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