Technical analysis:
. DASH/BITCOIN 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 28.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
Technical analysis:
. DASH/BITCOIN 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 56.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a...
Technical analysis:
. DASH/BITCOIN is in a downtrend and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI downtrend #1 is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a downtrend, but we forecast the uptrend would begin....
Technical analysis:
DASH/BITCOIN is in a range bound and the resumption of uptrend 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 resume.
There is a possibility of temporary retracement to suggested support zone...
DASH spent 3 yrs in a price discovery zone and just opened the month above that zone , in a market where bitcoin is also bullish
Dash is also the 3rd largest market cap coin and has a low supply
I am considering everything below the box as old price action and a new impulsive cycle beginning from the breakout of that line.
Expecting an elliotwave formation to...
DASH spent 3 years in a 'price discovery zone and opened the month above that zone while bitcoin is also in a bullish trend , Dash is also the 3rd largest mrkt cap coin and has a low supply
I am considering the monthly opening above the box as a new market impulsive cycle unfolding in elliotwave fashion as usual
expecting a large XMR type pump in the coming...
