lowstrife
Long

DASH still has promising outlook coming in 2017

POLONIEX:DASHBTC   Dash / Bitcoin
1833 3 26
This is extremely promising market structure for DASH, very well defined highs that have been hit multiple times. I could see a serious run attempt at 0.1 in the coming months if it continues to provide. I'm a bit late on my timing, I would have liked to publish this chart around 0.0012, but as long as it continues to make higher lows on the high timeframes it should be setup for a very nice run.

3 years of consolidation bewteen 0.005 and 0.03, the trend is sideways but with an upward bias.

I'd keep an eye on this one.
Kommentar:
snapshot


Coming up into minor resistance in the DASH/BTC pair. USD is clearly above all time highs, thanks to BTC strength. Bitcoin continues to spend it's time over $1000 and a rising tide raises all ships.

Will be interesting to see how this one eventually turns out. Still on the sidelines, not participating in this one.
Kommentar: Potential update to this idea. It is also possible DASH/BTC pair could fail to make new highs (again) and complete a move similar to Ethereum where it rallied with bitcoin strength and set signifigant new ETHUSD highs, while the ETHBTC ratio failed to make new highs and brought it down. Now that being said

snapshot


Both are about 40% above their previous signifigant USD highs, so if we get a repeat of this comparative fractal it would be here. Just random thoughts.

snapshot
Kommentar: Testing the orderblock at the ATH for the DASH/BTC pair, nice resistance here around 0.027. 3 drive rising wedge on the hourly, it will either pop out of the top and break the ATH, or breakdown and fall back to support around 0.01855 and consolidate more while the broader outlook shows itself. Amazed it's runup like this, glad to see it bearing fruit.

snapshot
Trade geschlossen: Ziel wurde erreicht:
snapshot


Time to start scaling out of longs, half out half for possible USD target of $55 or so. Would equate to a 1.618 extension on the DASH/BTC pair at 0.044, and $55 USD price target on the 3.618 extension.
Trade geschlossen: Ziel wurde erreicht:
snapshot


Wow, gigantic wicks and margin calls. Close everything, this is the top.
very nice. I see that maidsafe is about 50-66% through similar behavior to the dash chart (with 2 major tops and 2 major bottoms).
Antworten
kenzboard PRO kenzboard
@kenzboard, ETHBTC daily chart reminds me of BTC in 11/2015...after it showed a signal of strength (Wyckoff logic). waiting for a throwback and accumulation. potential breakout in 5/2017.
Antworten
I would agree it's time to close. Thanks for keeping us updated sir.
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden