• Home
  • Strategies
  • VPS
  • Education
    • Trading Basics
      • Forex Basics
      • Who Trades Forex and Why?
      • Learn to Trade
    • Top Cryptocurrencies
      • What is Cryptocurrency?
      • The Major Cryptocurrencies Traded Globally
      • Cryptocurrency Liquidity
      • Cryptocurrency Trading Strategies
      • Basic Understanding of Bitcoin
      • Basic Understanding of Ethereum and Its Currency Ether
  • About Us
  • Contact
  • FAQ
  • Glossary
BTC Gets Close to Support at 205,466.39
July 20, 2020
EURGBP Technical Outlook
July 20, 2020

Unstable Dash

Published by TradersColo at July 20, 2020
Categories
  • cryptocurrency
Tags
  • chart patterns
  • dash
  • technical indicators
  • trend analysis
dash daily chart

DASH CHART PRICE – DASH DAILY

Dash, as a blockchain company, which seems insusceptible for the pandemic in this year.  No big difference, no crazy things like crude oil, just some gaps there and which is normal for Dash. I think everyone should get used to it. Volatility is part of dash anyway. So some traders avoid things like this.

Great traders can make money in any situation! 

Now let’s look at signals.

I know that gap catches a lot of eyeballs, but that is not the only signal for us. MACD and candles are divergent to each other in a short period of time, which is a bullish divergent. RSI supports the MACD bullish divergent signal, however, the signal is not very strong. As can be seen, the RSI line is just below the 50 levels but not too much. 

After considering all the signals, I would conclude that the price of Dash is going to reverse. The Dash is always unstable, so do not expect too much on that and no one can guarantee the trend for the long term.

Anyway, We already have one green candle now.

Let’s expect to rise in Dash.

This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.

Share
0
TradersColo
TradersColo

Related posts

October 8, 2020

BTCUSD Low Volatility


Read more
October 7, 2020

ETHUSD Unable To Break Resistance at 351.48


Read more
October 7, 2020

LTCUSD Low Volatility


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search Strategies

Browse by Asset Class

  • commodities
  • cryptocurrency
  • debt
  • energy
  • equities
  • forex
  • indices
  • precious metals

Recent Articles

  • 0
    GBPMXN Breaks Support at 26.67
    October 9, 2020
  • eurmxn-traderscolo0
    EURMXN Tests Resistance at 25.18
    October 9, 2020
  • 0
    USDMXN Continues Downtrend
    October 8, 2020
  • 0
    BTCUSD Low Volatility
    October 8, 2020
  • 0
    ETHUSD Unable To Break Resistance at 351.48
    October 7, 2020
  • 0
    LTCUSD Low Volatility
    October 7, 2020

Follow Us for Real Time Updates From Our Analysts

  • Facebook
  • Instagram
  • Twitter

Cookies

Privacy Policy

Risk Disclosure

Terms of Use

Follow TradersColo

© 2012 - 2021 Traderscolo. All Rights Reserved.