Midterm forecast:
While the price is above the support 101.85, beginning of uptrend is expected.
We make sure when the resistance at 250.00 breaks.
If the support at 101.85 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 109.35 on 07/19/2021, so more gains to resistance(s)...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (327.80).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
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Ascending Triangle Definition:
An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows.
It is defined by two lines:
. A horizontal resistance line running through peaks.
. An uptrend line drawn through the bottoms.
The higher lows...
The technical chart of Dash highlights the retracements faced by the price levels at regular intervals while facing major resistance at 0.786fib level. After touching the critical support level of $85.00 residing at the neutral line of the retracement table, the price levels have bounced back positively forming a rising channel pattern. A positive crossover above...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (63.65).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD 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...
Midterm forecast:
While the price is above the support 32.75, beginning of uptrend is expected.
We make sure when the resistance at 87.90 breaks.
If the support at 32.75 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg...
Technical analysis:
. Dash/Dollar 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 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (72.500 to 56.200). if so, traders can set orders based on Price Action and...
Technical analysis:
. Dash/Dollar is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (104.00 to 84.00). if so, traders can set orders based on Price Action...
Technical analysis:
. Dash/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
Technical analysis:
. DASH/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. There is still a possibility of temporary...
Technical analysis:
. DASH/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have...
Technical analysis:
DASH/DOLLAR is in a range bound and beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 47.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (417 to...
DASH has broken upwards out of the parallel channel it was trading in since the last several months.
MACD is indicating a bullish divergence.
RSI has room for more buys.
Its probably safe to go long now.
The 1st probable target from this point is ~927
The 2nd target if it bypasses 1st is ~965
Stop loss around ~873
As always, please provide feedback on the...
Dash USD - CMP 783.
All EMAs sloping upwards coupled with a right triangle (penant) breakout pattern.
Price moving towards 850 plus highly probable.
Stop at base of the penant.
Dash USD - CMP 783.
All EMAs sloping upwards coupled with a right triangle (penant) breakout pattern.
Price moving towards 850 plus highly probable.
Stop at base of the penant.
KRAKEN
