Dash Moving inside of a Bearish ChannelDashcoin is moving very stable inside of a channel which has reached a support zone now. So either we break the support and make a big drop out of that channel, or the bulls ar ready to get in now and push the price towards that red resistance zone (previous high).
Trading it here is very risky, because i think it could be trapped inside of a range between 165 and 158. Upside break of the channel will probably mean a retest of the 165. Otherwise we can assume we just keep on dropping.
Bigger picture we can see higher lows but also lower highs. The low in August during the alt capitulation (crash of prices) shows a very good, high volume rally indicating the possibility of a long term low. A break of one of these 2 would trigger more movement into that direction. On the left we can see a small bullish wedge which triggered that small rally up a week ago. But that target has already been reached. So only thing to go on for now is this channel and the levels i have mentioned. A break of the channel would be a first step to either sides.
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Dshusd
Dash - Venezuela Inflation Runwww.btcwires.com
Dash announced the launch of a payment application for Venezuela. This is a good project and, unlike BCH, this is speculation, supported not only by greed, but also by the fundamentals, as well as by a friendly community.The news sparked this market and could launch a new rally to previous levels. The first serious resistance is expected by this market between 270 and 300.
Dash Equilibrium Break Coming!Hello my dear Dash traders & HODLers, hope you're doing fantastic guys! ;)
DASH is right now inside an equilibrium, with $200 psychological as resistance, and $177 as support => We will see a nice break coming!
But beware guys: We had a beauitful descending triangle/equilibrium before, and ugly wicks led to a few fake-outs! Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up, because the video gets shown to other people then. Make also sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. For short trading: Please be aware, that you can lose all your money on Bitfinex if Tether blows up one day/and or they just close, (respectively on Binance, if you're holding Tether there), as compared to Coinbase, who do not offer short trading, but who have at least an insurance up to 250k. Dollars as they state on their homepage.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Breakout tradeRegardless on bitcoin's suspense, DSHUSD is most likely forming a triangle on market.
This trade can be evaluated as rather save deal with good price open and stop level.
DSHUSD is going to decline if BTCUSD corrects on next week.
On other side, UPtrend can drag on that can be reason for DSHUSD rising.
On both ways, you will get some profit with Dash.
Enjoy profit, guys!
DASHUSD - 4HOver the past few weeks, DASH found strong support around $140, testing it multiple times before breaking above with tons of volume. It is currently contained in a triangle, which it might be ready to breakout of and target the supply area around $200-$210 with the possibility of moving up to as high as $220 where the next supply area lies.
Both the MACD and RSI have crossed above the midline hinting at the possibility that we may see higher prices here before pulling back but all eyes need to be glued on the BTC chart.
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Be ready for SHORTCrypto market is waiting for new move - being flat correction is early signal for regular downtrend with a new LOW.
Generally, coins and tokens are moving in channels - most part of them is moving in place. I found DSHUSD for you that done the most huge upward move among others.
When BTCUSD moves down you should use DSHUSD for short - the potential is one of the biggest on market.
Cryptogame - Margin Battle Another chart. I have too many other charts to put here, which I will add in description later. There is a lot going on behind the scene. Bitmex 100x leveraged trading has had a clear impact on the cryptomarket. Other leveraged trading options at Bitfinex for alts are playing a major role and have resulted in wicks which are not ignorable. Currently the alts have too many long positions compared to shorts, where as BTC and only 2-3 others alts have more shorts than longs. Of course there are always other aspects to look at and clearly have an impact on the inter- and intraday prices.
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DASH. Global long for 200$!Dash slowly moves to the price range of $ 187-195. The movement on a channel seems like consolidation. I think the position is gaining now. The climax of the fall should be a test of the price range of $ 187-195.
Targets:
1) $ 300
4) $ 400
In order to go above it is necessary to pass the former support zone (depicted it as a channel), which was punched on May 28 and in my opinion is a transition zone for prolonging the long.
If the price fixes below $ 187 - the next support is $ 90-110 Then the price will move for a long time in the channel of two global trend lines of black color.
DASH EQ BREAK COMING!Hellooo friends of Dash,
after we have touched previous critical resistance at 220 (before we went beserk in December), and how holding it as support, we have a very nice equilibrium coming up in Dash, with the Highs at $256, and the Lows at $240
=> A definitive break here will be coming and will be a nice trading opportunity (if we don't get 'wicked' out)
Dash normaly had a high correlation to big brother Bitcoin, but now we broke it since BTCs current surge. In the direct correlation of DASH/BTC we have touched 0.03 important previous resistance, if we cannot hold it, another area is at 0.022
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About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
DSH/USD, Daily Chart Analysis 7/22Implications and Outlook
1. Crypto currency market is mostly mixed today, July 22, as carrying on with the momentum from last week’s up move. The most notable ten coins are in trade unionism. Many are up as much 8%, with Dash solidly in the green, hovering over 5%.
2. The sharp drop momentum of Dash coin following a classic TSS Coin Rally completion at $315 has created Key Resistance of $266 , while price action is hovering about.
3. The violation of the intermediate-term Key Resistance will undoubtedly bring serious of the intermediate-term bullish implications to re-test the vibrant Coin Rally completion.
4. Current Coin Strategy Bias: Bearish 70 / Bullish 30
capcrypto market cap & this wave are clearly in wedge.if this wedge is legit we can see start of bull run is all crypto market.
vol is dropping and it is a proof of the wedge.this last wave is very extended and must be terminate very soon.
in the last wave of wedge there is two wedge & bull div is clearly can be see on all indicator.
DASH getting ready to DASH right past everything!Correction for DASH looks almost complete with an expected last drop to 225usd. Expecting the rise to begin by jul 2nd, again this is what I am expecting. I am not a fortune teller or see celestial beings! I use sine waves, and there is an intersection in that day, expect either a couple days earlier or later.
My targets seem to be a bit insane for the weak and unrealistic, so for the weaker handed people take your profit close to the old ATH, for me personally I'll wait it out :)
DASH. Detailed analysis. And Key levels
Here also we are waiting for another wave of fall. I want to see overthrow. Break of the final diagonal triangle down and quickly return to the triangle. This situation would be good. However, there are other triggers on long. There is also a shrinking volatility and soon we expect an explosion
Dash RiseDash, like many coin, reached the bottom in the region of 400, and a correction began from there. I think dash can check the levels of 800 and 1000 dollars, as part of the current correction.
then we can earn 10-40%, Let's do it> Lets make a money.
buy 400-700
target:
800
1000
1200
1550
2485(all time high)