DASH/BTC in a falling wedge, short-term.DASH has been in a falling wedge since Feb 19, if it manages to do a breakout the price will rise to 0.021850, if the price drops bellow 0.02060 the price will test the 0.020000 support.
Instructions:
Buy DASH at 0.021050
Take profit at 0.022100 or 0.023050
Stop loss at 0.020550 or 0.019850
DSHBTC trade ideas
DASH/BTC flagging up ready to make a decisionDash has had a good steady increase in volume on the daily and after the last push its had a nice healthy retrace forming a descending wedge and respecting the fib levels with a nice bounce off the 50% and now holding onto the 38%
have entered here between the 38 and 50 but have laddered buys down to the 618 incase we get a lucky dip or this wedge takes a little longer to play out, stops below the 618 but have plenty of room for a wick out.
shooting for the 1.272 extension which i can see a supply block there thats been respected and rejected there a few times already, playing it safe for a 12-15% push.
Trying to push up!$DASH Brokeup from triangle some days ago. Currently 10% up from UCTS Buy signal. Volume become missing after the push and formed a small falling wedge that is trying to break up (Inverse Hammer warning).RSI & MACD are good. EMA100 needs to hold (doesn't happen since April) #DASH
Targets could be ~ 2444-2601-2783-2950.(EMA200 can act as resistance too) Stop loss ~2060. $DASH #DASH
$dash / $btc and a hint for $ltc later this year2 trades
IT CAN GO BOTH WAYS.
So how is that a trade?
What kind of call is this?
Guys, just be prepared for either way, right now we have relatively heavy upside resistance at the old long term fib, and i think relatively strong bounce at the next down green fib (which is the downside target). Upside target sorta depends, if its a "buy now/then to short higher" or a "btc has bottomed, theres no fear, and alts go nuts" kind of pump. Anyway, bear market has been relatively long, and alts in many cases consolidating near ATLs , and have made ATLs , and in some cases springs from those locations. I am leaning bullish alts/btc in general, and yes, fro m my charts its been selective, not all across the board.
Anyway, if you like this analysis, or would like to contribute message me, theres a small group of us in a telegram group that share ideas and our outlooks. Dont have any ICT order block traders there (or at least that say much, looking at you *****), so would be nice.
Al
Ps, Ive always loved dash/darkcoin, except for when i was a real noob and sold so many before the polo pump. Ah, the good ole days. They will return.
DASH-BTC Long Trade PlanCommodity : DASH
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 3.55% to 13.25%
Prospective Loss : 2.14%
RRR : SL to TP1 is 1.66, SL to TP2 is 2.83, SL to TP3 is 4.28.4 and SL to TP4 is 6.2
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
DASH - Bear Market OpportunityDASH forming a massive falling wedge, combined with a bullish divergence on most indicators. As we can see the Fisher does react to the recent alt dump but lowering it to an appropriate macro level can help soothe that drop and maintain divergence on the 4-hour and D charts.
Watching closely, no position yet.
Not looking very good... overall picture Symmetrical triangle. RSI bearish, MACD flat, and a several time rejected EMA50 resistance keep pushing the price down. (Volume decreasing...)....
Moving into the 6H chart, Sell signal from the Ultimate Crypto Trading Strategy indicator, MACD about to do a bearish cross, RSI falling. If the trendline from the triangle doesnt hold we can go retest all time lows (warning) #DASH Stay safe