DASHBTC trade ideas
$DASH, Nice recovery from ATL BTC Support(Binance)$DASH
Nice recovery from ATL BTC Support(Binance)
Currently trying to break from a descending channel w\ inminent target at ~860k
MACD Bullish divergence
UCTS Buy signal on the 8H
Cross over EMA50
If next level is crossed/flipped, then aiming for a 2nd target at ~930sats
#DASH
DASH - Current growth is a prerequisite for a further decline Even though the rate of DASH has increased by 0.5% over the day, the general picture remains bearish.
According to the chart, DASH has been declining since April 1, and there are no signals of a possible reversal. The RSI indicator is located near the oversold area, however, DASH is going to strike neither in the short no in the long-term scenario. Overall, the price is likely to fluctuate with a further drop to the area of 0.01 BTC.
DASH - Support Found? Divergence On The DailyWe believe that DASH is at a key area of interest. Possible area where support has been found. This does depend on how BTC reacts. It has to consolidate to see a possible rise in Alt-Coins.
Check lower-time frames for further confirmations but a big divergence in the RSI could be key here.
Long Dash/BTCAltcoins/BTC are crazy oversold. Bitcoin dominance is way too high considering all aspects.
Bitcoin finally looks like correcting and consolidating for a while - which would be perfectly healthy.
Altcoins/USD looks like ready for solid move.
This looks like the time to revive altcoin market. Most weak hands already sold on the way to the bottom.
Cheers!
DASH - Short-term rise remains relevantDASH is showing more positive tendencies than TRX, as its rate has increased by 2.65% over the day.
On the hourly graph, DASH broke the support line at 0.0116 rushed to the previous resistance levels. At the moment, the coin is located in an uptrend; however, it is earlier to talk about an upcoming bull run before DASh reaches 0.013 BTC. Traders might expect this level in a few days only if the trading volume becomes high as before.
$DASH Sitting at ATL BTC Levels in Binance... $DASH Sitting at ATL BTC Levels in Binance...
For now set alerts and wait for signals of reversal (IF happens).
UCTS Sell signal active on 1D/2D charts, (~26% down)
Falling from here, will lead us to look at other exchanges levels (Polo for example) for support levels..
#DASH