DASH/BTC measured moveDASH/BTC consolidating under the 200 day MA. The USD pair is holding up well. I will enter on the break of the W in price at the 0.25 fib.
Entry .002938, SL .002678, TP .003672
Dashbtcbuy
DASHBTC testing 0.005 level as you see from graph after making huge pump on mid of february DASHBTC is trying to pass 0.005 level and cant be able to do it till now. Dominance dropped below 55 and btc is rising huge. So conditions are perfect for going up. Next test for 0.005 will be passed strongly and the way to the ATH will be open. So for the long position you can wait to pass 0.005.
20k DashTo add to my earlier analysis and raise the bar. Dash is probably a month or so behind Ethereum in the market cycle and seems to be mimicking with uncanny accuracy. Ethereum right now shows multiple similarities to bitcoin in early 2017.
This is a slightly absurd call on the surface but if you dig a little deeper into Dash's development cycle, fundamentals and general stealth-ness it's more than possible. Two things needs to happen for it to play out.
1. Bitcoin needs to reach north of 200K
2. Dash needs to reclaim it's market capitalisation position amongst the big caps (top ten). Ultimately a big trend reversal on the Dash/BTC chart.
If these two things can happen then there is a positive expectancy of 20K! Bitcoins market strength is unreal at the moment.
If 2017 is any metric to go buy we will see crypto prices reaching far beyond our imaginations like they did in 2016-2017. No one saw that coming, none of us who were buying in 2016 - early 2017. No one could have ever imagined it would play out as crazy as it did. I'm yoloing into this call and will be averaging my other positions in over the next few weeks. See you at the top, f**king send it.
DASHBTC has formed a bullish BAT | Upto 605% expectedPriceline of Dash / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
Now the price action is hitting the Strong support of 0.01005008 sats which is not broken since Jun 2016.
In the meanwhile the MACD is turning bullish.
Stochastic is also in oversold zone.
I am expecting the next candle stick will be moved back into PRZ area so for secure trade we can wait for next candle stick and then buy.
I have used Fibonacci sequence for targets:
Buy between: 0.02685690 to 0.01435586
Sell between: 0.05662192 to 0.10132215
Regards,
Atif Akbar (moon333)
