Bitcoin Forum

DASH/BTC on log scale looking very healthy for Dash to have another leg upwards

https://www.tradingview.com/x/Rh6PWWYu/

Way too complicated for most people to understand - can you give some explanation?

Main thing I'm looking at it is the wedge formed by two trendlines which has broken upwards. I like that the lower upwards sloping trendline is providing support multiple times. Other supporting evidence is bullish cross up on MACD indicator and that RSI is not yet showing overbought.

But the main reason its going up is that I just sold a bunch the other day :/

That always seems to be the case whenever I decide to sell some tokens as well :)
Also, people like to setup new masternodes. They are happier when they work together than being all alone.

For Dash to aim for a new all time high, it will have some price ranges to clear first
as the current ATH is sitting at 0.02800000

But there most certainly is a major third bullrun, which is growing and gaining momentum..  

https://i.imgur.com/51JYxXo.jpg

Will probably take a nose dive if anonymint's coin is released next month though.
Will be superior and not a scam from the start. Get ready to diversify at least or go full dump on dash into the new improved version if you want to stay ahead in this game.

You're beginning to sound like our beloved iCEHOLE, cryptofaggot :-*
https://i.imgur.com/Tp1N0T7.png

Hint: Shelby is going to release more announcements of announcing more announcements. Other than that jack shit. Meanwhile Dash is still winning and you can't do shit about it. How mad are you, kid?

Dash will not collapse to zero at anytime. Funny thing is it trends in the same way many times to make us feel collapse soon. But it won't. Don't panic.

So how much (rough percentage) of your portfolio of coins do you have in DASH?

100%, and they are all tied in masternodes which are getting nice masternode rewards (45% of the block reward) for providing services to the Dash network

ref : https://dash-news.de/dashtv/?value=1000

Not to mention that you can vote with those masternodes on budget proposals as well ... for example on Dash's 2MB blocksize increase budget proposal which had been
approved pretty much within 24 hours.

ref : https://www.dashwhale.org/p/2mb-blocksize

Its about to go down as i can see it, RSI says it reach to its peak (80). I'm no expert though especially to the MACD indicator.
How do you guys read the OBV?

If that buy wall is real, then market indicators and TA mean nothing.

I dont really use the OBV much as the volume was a bit low in the past but that seems to be changing now so it could indeed be a good indicator
to watch (not necessarily for today though .. more to keep in mind to check when Dash volume keep rising)

Poloniex orderbook : https://dc-charts.com/depth_dash.php?ex=16&cu=0&tz=5&ar=1

It has some very strong support at 0.016000 (25K buy order on Poloniex), question is if that large buy-order will stay there or if it will slowly move upward.

looks like someone is reading this thread  ;D
24K buy order moved to 0.0164000

edit 1 : 24K buy order back to 0.016000 and increased to 30K buy-order
edit 2 : buy order appearently removed and dumping initiated.

It's up quite a bit on yobit right now, and I assume it is on the other exchanges as well.  Woo hoo!!  I think I'll buy a little today.

A lot of other coins are up a LOT today.  Wonder where this money is coming from.

 :D  :D  :D

I love that photo. You should post it more often  :P

well its going to be a good time to buy once it collapse. DASH is a good investment as its also going to move up this halving just like the rest of the wanna be gurus said.

You're beginning to sound way too defensive and upset. Stop swearing and cursing like a child, think of your blood pressure. I hope it didn't take much of your time to make that cute little drawing it is has no relevance to me nor my comment. Neither is related to monero. I hold no more monero than I do dash.

Try to discuss things as an adult now.

Why would I be mad? It's a scam coin and it will be satisfying to see it crash. Taking the  broad view though it makes no financial difference to me. When some go up others go down. You should diversify more instead of becoming fixated on one coin. Especially a scam coin like dash. Then you won't need to become so worried about peoples comments.

If anonymint does come through with his promise though that will spell big problems for dash. You will simply have an inferior version of his product. Coupled with the fact the majority accept dash was a scam......oh well.

there will never be a good time to buy a scam coin that will have a superior version released through fairer means.
Once this happens dash will be finished. There will be no recovery.

BTC profits, maybe? I noticed that ETH and a few others have gone up while BTC has gone down.

Dash isn't a scam

For anyone interested... there's a reason for the price rise. Development and growth of the ecosystem.

And as the price rises it creates a positive feedback loop, where we can afford to do more things like this:

Proposal: Electrum KeepKey Hardware Wallet Integration

https://www.dash.org/forum/threads/proposal-electrum-keepkey-hardware-wallet-integration.8999/ (https://www.dash.org/forum/threads/proposal-electrum-keepkey-hardware-wallet-integration.8999/)

Yes and vice versa too.  Though I think if that's really the case then you ought to be able to use that pattern to make a profit.   Efficient market theory says that shouldn't be possible but who knows.  That's sure what it looks like is happening.

On day chart we see a nice steady rise since breaking up from the wedge. However I guess we'll see another correction at some point.

https://www.tradingview.com/x/HTq0KtuO/

On weekly chart, still a way to go to reach ATH but growth looks nice and steady so far
(ATH meaning priced in bitcoin, not sure how it would look in US$)

https://www.tradingview.com/x/JbAOybCk/

DASH/USD has to almost double for an ATH. Should be the target for end of the year. I'm more bullish on Dash than on all these ICO Shitcoins

http://s32.postimg.org/lmrkti6gl/dus.png (http://postimage.org/)

Thanks for that. I'm of similar mind, Dash is quietly doing all the right things and getting on with it. Easily my favorite crypto aside from the daddy, which is still bitcoin of course.

Well prediction looked good at time of last post but no all time highs on the horizon for now. Trend has flipped bearish. This will be my final post of this thread

Dash may rebound up against bitcoin somewhere around here (at the bottom of this fork), but trend now bearish and probably will remain so for a while while the whole bitcoin halving mania begins to unfold. At some stage other alts including Dash will be carried up too but no sign of that at the moment.

In consolation against fiat I think Dash holding up quite well.

https://www.tradingview.com/x/CvWXS9vW/