DSHBTC trade ideas
DASHBTC uptrendThere are a few bullish signs on DASHNBTC right now. On D1 we can see bullish pennant, which was broken upside. On H1 there is bullish MA cross and also we can see the price respecting Andrew's Pitchfork (the lowest line). Im holding my long positions for targets @0.075, @0.089, @0.110.
$DASH $DASH.X - Will Dash Dash? 1 Day BinanceI recently bought into Dash and i have not lost, or gained as volume crapped out. I saw some buy signals looking at MACD and we had a bullish candle though its stalled with a kind of doji going. MACD is about to cross but with volume down this could be a false signal as RSI has flattened. IF buy volume increases, we will rise up and hit resistance near 708 sats. The Bollinger Band is consolidating so volatility is low, but if we get good buy volume with MACD crossing could be a sign of a bullish run. If we don't get the volume I see a slow decline
Dash/BTC Channel breakoutWe´re breaking out of the downward channel we had, we´re finally moving upwards, hooray! This looks like the end of the correction, which, as expected, is happening at the same time as BTC.
There´s a bullish divergence on the MACD and RSI, giving us another bullish signal.
We're placing our target at 0.11775
Daily chart
Digital Cash playing around in the top of its channelAt the moment we see DASH hanging around near the top of its bull flag channel, so we may see a breakout any day now, especially IF bitcoin makes a huge comeback. However, what i find more likely is one last drop to the bottom of the channel before we start to test new highs. I also believe that the timeframe for bitcoin's rebound fits better with one more drop, meaning I dont feel bitcoin will start a SERIOUS bull trend until DASH has had time to fall one more time.
If the long position shown seems like a low ball, please remember the chart is in log scale as shown
$DASH $DASH.X - DASH, 1 Day BinanceI have been looking into other popular coins to maybe invest in and saw Dash. I like the chart here because i see some decent buy signals forming. Bollinger bands are consolidating and MACD is heading to cross over the signal line. This is a good indicator that we may see a breakout in the positive. RSI was up and flattening a bit as it appears some volume is diminishing, though if it increases as new markets open up, this may be a good buy in point if your looking into DASH. Hoe long it would last I am unsure at the moment, though if the candles hit the top Bollinger band, we will see some profits.
DASH BTC Possible outcomes1. Okay, so I think today iscritical for Dash, If it fails to close above the trend line it may plummet in the short to medium term, in which case rebuys would be at the fib levels.
2.If it does recover and stays within the triangle it is a good sign!
$$ 3. Next if it breaks and closes above the upper resistance line it could possible breakout and go parabolic !
You can gamble and buy now, but why would you, give yourself the best chance at making money and wait to see what happens.
***But hey who knows whats really going to happen haha***
DASH/BTC WychoffDASH/BTC is trending downwards .
I project a support and accumulation zone being hit at .6187 From this point I expect a three wave support test, and a subsequent bounce upward with volume towards the resistance cloud. At the .765 mark I expect us to see a three wave test, and move up further into the resistance cloud before distribution takes over and we see a small, low volume turn. This appears to be a clean buy opportunity in a Wychoff "D" phase. Also notable is the clear Elliot Wave progression at this time - but that will be another subject another time, as we're working on Wychoff phases for now.
Looking good so far for a 45% runThe market is still weak, but one or another may go ahead and run. Dash was setup to a daily run before BTC drama, and now it is looking ready to roll. Take additional precautions when breaking out, the market is full of traps, wait some bars or minutes, look for volume after the trigger, crypto is becoming harder everyday.
Dash volatility in testDash its an amazing coin, since december we saw how it increased its value. Now im detecting a accumulation zone with a possible breakout soon, first the bollinger bands are getting close, and we can see a resistance rectangle been touch too much. Also we have in some days de BlockChain conference in Miami, Dash of course is going to say news about Dash evolution, so we are having now a oportunity to get a considerable profit.
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Bitcoin Cash 1LkAL7HSipn5Mgru9aCiJbL4oubK1tmC7g
Dash Xj6mm9aPb98Zk4dCHEuWEtW5ukpBguP2k3
Solid Macd
as you can see the MACD is at a point where it goes over the line. With the current bitcoin market that is being stable again this trade can get you a nice amount of money. the best moment to buy is between 0.075000-0.08 and hold this coin for a few day and keep track of de MACD.
The RSI was almost overbought with last bull keep it that also in mind with a growth of DASH it can be overbought and it will decrease of value. About selling positions I don't want to say to much.