There is a possibility for the beginning of an uptrend in DSHETHTechnical analysis:
. DASHCOIN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.740 to 0.670). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.740)
Ending of entry zone (0.670)
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= @ 0.820
TP2= @ 0.900
TP3= @ 1.027
TP4= @ 1.195
TP5= @ 1.365
TP6= @ 1.605
TP7= @ 1.910
TP8= Free
DSHETH
A trading opportunity to buy in DASHETHTechnical analysis:
. DASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.507 to 0.478). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.507)
Ending of entry zone (0.478)
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= @ 0.559
TP2= @ 0.607
TP3= @ 0.664
TP4= @ 0.703
TP5= @ 0.797
TP6= @ 0.874
TP7= @ 0.995
TP8= @ 1.154
TP9= @ 1.541
TP10= @ 1.830
TP11= Free
