I wonder if Bitcoin gets into a triple bottom, its not that far from it.... Link : https://www.investopedia.com/terms/t/triplebottom.aspThe triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal.
The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels.
There are a few rules that are commonly used to qualify triple bottoms:
* There should be an existing downtrend in place before the pattern occurs.
* The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trend line is horizontal.
* The volume should drop throughout the pattern in a sign that bears are losing strength, while bullish volume should increase as the price breaks through the final resistance. |
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Almost lost $1000 today in values in last two days. Just heard the bull has just entered. What's really causing this impact?
I'm not sure the bull has entered yet. Oh, and personally i blame gravity for this decline. Damn gravity, always pulling stuff.. down  |
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Published on Apr 1, 2018 Yo, men .. i'm soo not going to fall for that one  |
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Sorry bulltards, 6k incoming. then 5k, then 3k.
and that coming from someone who believes in magic  |
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Bitcoin can drop 7K zone for short time. As we see it's already drop 8500$ . So I expect it will drop below 8k, that means 7K zone. But it will no longer. I hope agin Bitcoin will grow up to 9K zone by next week. What you think about it ?
I think your premonition came true today. Where it goes from here is anyone's guess.... |
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20M in buy orders just went back on stamps book. Weapons hot!
And so it begins, will this dry the current blood in the streets ? or will more blood be spilled ? Stay tuned.. Buy wall or buying up the sell orders? Let me refer you to Icygreen, i'm just an observer in this Wall Observer thread. By the way to OP : great thread you created..... |
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20M in buy orders just went back on stamps book. Weapons hot!
And so it begins, will this dry the current blood in the streets ? or will more blood be spilled ? Stay tuned.. |
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jeez guys, its almost like you are all bored with Bitcoin current price movement and its discussion  |
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Im sad again today, I’m getting drunk and high!
Sometimes its not a bad idea to get your mind off your crypto investment and its price developments by doing something totally different for awhile. Specially during a nerve-wrecking day like today, with Bitcoin breaking through its resistance and dragging a lot of coins in double digits down with it (they call that blood in the streets). Just remember every bear market has a beginning .. and an end. |
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Please make the pain stop  Dont use this in combination with alcohol !!  |
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It’s the only one making new lows on the weekly:(
Incorrect !! Again !! There are at least 4 cryptocurrencies that are having worst weekly % then Dash (Bitcoin Cash, Stellar, IOTA and NEM) (i suspect we can add Monero to that list pretty soon too)  Get you facts straight before posting please, it saves me the hassle of having to correct you all the time. Thank you. Ripple just came off a pump though, just show the actually charts so we can all compare together Please tell me you are not really asking me to go through 1500 charts to prove something that is obvious from a quick glance at coinmarketcap ? Coz that would be kinda silly .. like really really silly.  Why dont you instead show some evidence to support your statement that Dash is indeed : A - the only one making new lows on the weekly B - the worst performer of the entire market These are your statements after all and they are not very believeable. Here is something to make that a little bit hard for you --> https://www.coinranker.net/cryptocurrency/monero |
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It’s the only one making new lows on the weekly:(
Incorrect !! Again !! There are at least 4 cryptocurrencies that are having worst weekly % then Dash (Bitcoin Cash, Stellar, IOTA and NEM) (i suspect we can add Monero to that list pretty soon too) Get you facts straight before posting please, it saves me the hassle of having to correct you all the time. Thank you. |
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Buyers remorse how did I pick the worst performer in the entire market! Shit Please stop making false accusations, Dash is not the worst performer by a long shot and all this whining about the price that only moved a few %, comes across as very immature and clearly shows your insecurity.  If you can't stand the heat, get out of the kitchen.
- Harry S Truman |
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Changing the path of the discussion, can we consider DASH as an elite currency? At the present time it is a relative issue where some opt for the elite and others choose to be only a solid currency of strong community. However in relation to the charts we find a strong upward trend, and the question is, can we buy DASH and expect to go to the moon by the end of this year?
I think you can consider Dash an elite currency in the sense that it has evolved (and still is evolving) from a mostly privacy focussed cryptocurrency to a multi-use crypto platform (privacy, instant transactions, dapi, useraccounts, decentralized apps). The technology behind this (Dash Evolution) will make Dash more elite. Within Dash itself there are also elite elements : masternodes, asic miners, governance, budget, sentinel. Dash vision however is clearly focussed on being used by the masses (meanstream adoption). With regards to Dash going to the moon by the end of this year (or as i prefer to say : reaching and passing its current ATH), nobody knows the future and it pretty much depends on if you trust Dash core-team to deliver what they set out to do and if you have faith in Dash as a cryptocurrency to overcome a bear market in time. Seems some have more faith then others |
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Thought I'd share my chart, this Dash v Bitcoin pair on log scale.  Dash is still correcting from the gigantic spike about a year ago, rangebound since. MACD and RSI indicators both look in oversold territory and hint might cross bullishly up in near future but might have to endure a final sell off first. Volume is potentially misleading a year ago polo was were nearly all Dash trading happened, it is much more diversified now.My assessment is to aggressively buy any steep dip if it materialises which might be a great chance to buy at cheap levels. Like a year ago I wonder if Dash will lead the charge on the next big crypto moves. Dash has great potential. Obviously these thoughts are my own. Do your own dilligence. Yeah, i just checked the OBV on HitBTC.com (largest Dash volume) and it does indeed fluctuate a lot more there, in comparison with this static flat-lined OBV on Poloniex. Which is good to know, if you want to take the OBV indicator into account. OBV is a simple running total of up day (added) and down day (subtracted) volume. If OBV is moving with price it confirms the current trend. Divergences between OBV and price indicates the price may be due for a reversal.
Using trendlines can aid in spotting divergences and trading opportunities. OBV can also help forecast breakout directions in price. OBV is not without its faults though. Volume spikes can skew the indicator, making objective
analysis more difficult. Also, while it may appear that OBV often leads price, this is often simply a case of searching for evidence we wish to find.
Therefore, OBV is a tool to be used in addition to price analysis, but shouldn’t be relied on solely. Link : https://traderhq.com/trading-indicators/understanding-on-balance-volume-and-how-to-use-it/ |
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Why Dash’s Greatest Innovation Is Its Biggest Weak Spot Several friends at conferences recently have echoed a sentiment that I’ve held myself for a while, that the Dash community tends to hesitate on pushing mass adoption. This is because of the upcoming Evolution platform all the ease of use that it promises to deliver. At the risk of upsetting some people who may have espoused this approach, I feel strongly that the greatest innovation of Dash’s to date may have ended up being its biggest barrier to taking over the cryptoverse.From speaking personally to people who were caught up in this event I’m very confident that, had Dash pushed aggressively to be the top payments cryptocurrency two years ago, we would be on top by now. I doubt that very much. Bitcoin would still have fractured through multiple hard forks (each fork attracting a lot of attention / speculation), ICO mania would still have happened and also the market cycles that drive each cryptocurrency into a bear or a bull market would still have had its effect. Besides, two years ago there were a lot of budget proposals from Dash Core-Team focussing on making Dash a top payment provider by enabling FIAT gateways and OTC markets (World of Coins for example), getting Dash pairs on new exchanges (Kraken and numerous other exchanges) and forming strategic partnerships that helps Dash to strengthen its role as payment provider (Blockcypher for example). Frankly i dont see what the Dash Core-Team could have done differently at that time and with the resources back then at its disposal. Other cryptoprojects like to hype their project to attract more speculation, Dash is not such a project. Hype a project too much and it becomes damaging to both the project and its community. |
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Do you think we will see a new ath vs bitcoin again?
There are three ways the price of Dash can grow against Bitcoin and form a new ATH : * through speculation (for example people exspecting a higher price when Dash Evolution comes out, so they buy more Dash before Dash Evolution gets released) * through "normal" market movements (for example a new longterm uptrend) * through increased actual usage (for example the ALT36 proposal and other budget proposals having a lasting effect by increasing the number of transactions, users and merchants) Speculation will most likely drive the price of Dash up much faster then normal market movements / increased actual usage and will lead to a new ATH against Bitcoin much more quickly but all three in itself can lead to a new ATH for Dash. So yes, i think we will see a new ATH for Dash against Bitcoin again .. |
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This is great, watching right now.. thanks. |
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