Dash is above the 200 DEMA vs ETH for the 1st time since 3/2020.
Dash has previously broke above and then Nuked quickly below.
But still something I think is worth paying attention to.
Eyes on Dash Eth - the sleeping giant no-one talks about.
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Weekly
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Market Cap Eth 1,185,373
24 Hour Trading Vol Eth 571,779
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Green = Resistance
Red = Support
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All-Time High in #Eth was Eth 5.611519
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PA was sent down from 20 ema.
The right time to accumulate.
Landing on Moon in October.
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Safe play
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My Tp starts at 2x.
Sell 1/2 at 2x...
Following a 90% correction and oversold condition (orange column) an ‘incredible buy’ opportunity now exists. The Bollinger Band overlay is included on the above 1-day chart to illustrate how overextended price action is, 50% away from the mean (centre black line). This is ridiculous.
Whether you’re looking to increase your Ethereum holdings or are long on...
If bulls succeed in breaking the and sustain above 0.22-23 level (the moving average) then the probability of the trend reversal is rising, and we can expect the big moves from DASH.
Regular divergence is the classic sense of divergence that occurs when the price action makes higher highs or lower lows while the oscillating indicator does not. This indicates a weakness in the price action and anearly warning that the trend could be coming to an end. In other words, regular divergence indicates that a probable trend reversal could occur through...
1-day chart showing us bullish divergence on the Dash / Ethereum pair together with Higher Lows on the Stochastic RSI following a (as if you hadn't noticed!) a strong oversold period. In addition price action has just made a band-to-band transition to the bullish half of the Bollinger band to find support on the 21-day moving average.
3-day - need to wait another...
I've made a great many mistakes with my past TA, still, I won't stop learning and improving. After all, no matter how great your TA, anything
is possible in the crypto markets.
While ETH is in it's consolidation period, DASH looks like a 70% good buy.
Friends, another interesting idea for intraday trading. We have noticed that liquid crypto currency DASH does not hold its positions at all. If earlier, crypto-investors considered DASH a promising crypto currency, now it is not even in the top ten by market capitalization. Although almost all the crypto-currency market is in the "red zone" today, but DASH is one...
