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Weekly forecast Dash / Bitcoin technical chart
Symbol DASHBTC

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Trade Setup
#DASHBTC
Total Profit: -266 pip
Closed trade(s): 62 pip Profit
Open trade(s): -328 pip Profit

Trade Setup:
We opened 9 BUY trade(s) @ 0.01298 based on 'Valley' entry method at 2020.01.20.

Closed Profit:
TP1 @ 0.01360 touched at 2020.01.27 with 62 pip Profit.

Open Profit:
Profit for one trade is 0.01257(current price) - 0.01298(open price) = -41 pip
8 trade(s) still open, therefore total profit for open trade(s) is -41 x 8 = -328 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateSun, 02/09/2020 - 18:37
Currentuptrend
Forecastcontinuation of uptrend
Last weekBullish

Midterm forecast:

  • 0.00530 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • A trough is formed in daily chart at 0.01070 on 01/18/2020, so more gains to resistance(s) 0.01360, 0.01610, 0.02090 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 57.

Take Profits:

  1. 0.01360
  2. 0.01610
  3. 0.02090
  4. 0.02575
  5. 0.03250
  6. 0.03840
  7. 0.04865
  8. 0.05890
Click on the level to view price action history.

Symbol Released Current Forecast
Dash / Bitcoin (DASHBTC) Sun, 16 Feb 2020
Dash / Bitcoin (DASHBTC) free Sun, 9 Feb 2020
Dash / Bitcoin (DASHBTC) free Sun, 2 Feb 2020
Dash / Bitcoin (DASHBTC) Sun, 26 Jan 2020
Dash / Bitcoin (DASHBTC) free Thu, 16 Jan 2020