DLavrov
Panjang

Dash Buy Opportunity

POLONIEX:DASHUSDT   Dash / Tether USD
The price bounced from the support zone formed by SMA100 and 650.00 support level . After that we got a breakout above the downtrend line. It gives us a new buy opportunity. MACD supports further upward movement. DMI allows opening long trades. Pending orders for buy should be placed above the high of the signal candle at 748.00 level. Stop orders must be placed below the local swing low at 614.00 level. As for profit targets, the most logical levels for exit can be 850.00 and 900.00 levels. If you don't like such risk / reward ratio, it's better to skip this trading signal.
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Well predicted
Balas
Hey Dimitri Dash is now above the US$748 level. What are your thoughts at this time?
Balas
Thanks, you are very helpful!
Balas
, you have fantastic analysis.. thanks!
Balas
Thanks for the analysis! If you and Goldbug1 believe there's upward swing ahead...well, it must be true then ;-) For me, I'm in Monero now, hopefully an upward swing is ahead for this coin too tonight.
Balas
Thanks @DLavrov so much, i follow you since i have begun. Would you mind show us more strategy beside RSI, DMI, MA(50), MA(100). I always took your advice before i trade.
+2 Balas
Thanks @DLavrov, so far the R&R ratio work for me nicely. As a new trader, I appreciate the complete information when entering trade.
Balas
Nice point!
Balas
I'm not ready for more stress, I will not try to catch a running train :)
Balas
DASH is definitely heading forward to $1k+
+1 Balas
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