ForecastCity

DASH, Great Buy Trading Opportunity for #DASHBTC, just catch it!

Long
ForecastCity Zaktualizowano   
BITTREX:DASHBTC   Dash / Bitcoin
Technical analysis:
DASH is in Range bound but Resumption of uptrend is expected.
In Daily chart , A hammer candlestick pattern is formed which is the first sign of the beginning a Bullish Trend.
The price touched the strong downtrend line in Daily Chart. It is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 46 and above a RSI support level .

Trading suggestion:
Price is in the support zone (0.0643 to 0.0580), traders can set orders based on Price Action and expect to reach short-term targets.

.Beginning of entry zone (0.0643)
.Ending of entry zone (0.0580)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)

Take profits:
TP1= @ 0.0724 (First Target)
TP2= @ 0.0775 (second Target)
TP3= @ 0.0920 (Third Target)
TP4= Free (Fourth Target)
Komentarz:
TP1 HIT!!
Trading suggestion:
We have already opened Buy trades, based on Price Action, trade setup is drawn on the chart and shows entry and targets, the description can also be found below the image.

Midterm forecast:
.There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 0.0643 would begin in Midterm.
.Price may also reach 0.0643, if price reaches this level again, we may enter by Daily-Trading-Opportunities (Price Action).
.We will close our open trades, if the level of 0.0643 is broken.

Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 56.

Close profits:
TP1= 0.0724 (First Target)

Take profits:
TP2= 0.0775 (second Target)
TP3= 0.0920 (Third Target)
TP4= Free
Transakcja zamknięta: osiągnięto wyznaczony cel:
Break-Even
Trade Setup:
We opened 4 Buy trade(s)

Closed Profit:
TP1 @ 0.0724 touched at 02.08.2018

3 other break-even trades closed at entry price, therefore no profit no loss.

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