Sharing is caring!

DASH (DASH/BTC) and Bitcoin chart
DASH/BTC and BTC daily chart. Data source:Poloniex

DASH (DASH/BTC) bull is eyeing on all time high of 0.02668645 traded on August 14 2016. DASH relentless march was triggered after breaking the crucial support barrier at 0.01701546. DASH/BTC reached year high at 0.02199998, a massive 100% hike from the year low of 0.01106602(last done at January 01 2017).

Important DASH/BTC price levels to watch,


Year High – 0.02199998 February 19 2017
Year Low – 0.01106602 January 01 2017
All Time High – 0.02668645 August 14 2016
data source:Poloniex

DASH (DASH/BTC) and Bitcoin chart
DASH/BTC Volume in 1 month chart. Data source:cryptocompare.com

The volume of DASH/BTC shoot up for the past few days.

DASH/BTC market in BTC Exchanges Diagram
DASH/BTC market in Major BTC Exchanges Diagram. Data source:cryptocompare.com

The volume spike was boosted by significant increase of DASH/BTC trading volume on Poloniex and HitBTC. Poloniex remain the largest cruptocurrency exchange for DASH market. The total DASH volume in BTC on yesterday market smashed 2192BTC, the highest for this year. The HitBTC saw the market volume of DASH grew threefold since last month. DASH trading size is also caught up in Yobit, the second largest exchange for DASH. Meanwhile, BitMEX market which launched the DASH futures on February 9 also logged in encouraging numbers of DASH transactions. BitMEX data showed there were 45,137 contracts with the total valued at 263.6131 XBT changes hands yesterday.

DASH (DASH/BTC) and Bitcoin chart
DASH/BTC and BTC daily chart. Data source:Poloniex

At present, DASH price is trading at 0.02088538, up +2.1% from yesterday. The sharp uptrend saw DASH broke few decisive support zones. Along the way breaking three double top patterns. The price is well in sync with the bullish trend evoked around the Christmas period last year. The price ran over the upper roof and alter the height of the medium ascending pennant formation. The surge is exposed to profit taking and this retraction could complete a potential cup and handler structure.

Some Critical DASH/BTC Price Levels for the Immediate Term


Important Resistance Levels


R1 – 0.02310890
R2 – 0.02441230
R3 – 0.02668645 (All time high)

Crucial Support Levels


S1 – 0.01866070
S2 – 0.01581320
S3 – 0.01118940

Quick Look at DASH/BTC trading in selected BTC Exchange


DASH trading gaining more attention and are now available in various BTC exchanges. Take a look on the latest DASH market condition in chosen platforum below.

Yobit.net


DASH/BTC chart in 6 months period
DASH/BTC chart in 6 months period.
The second most busy cryptocurrency in Yobit market with 736BTC in 24-hour volume. Dash last traded price at 0.02120052 retreated from the multi-months high of 0.022000. Click here to Yobit.net for instant trade plus vast options of altcoins offered in that platform.

Poloniex


DASH/BTC chart on Poloniex Exchange
DASH/BTC is still up 9% intraday trading and recorded volume of 2160BTC and the third most traded asset on Poloniex. Last price clocked at 0.02110277 off the high of 0.02199998. Poloniex is the most liquid BTC exchange. Visit here for the latest DASH market data here.

HitBTC


no chart available and offline at the time of writing. Check Here for the latest real time market data at HitBTC.

Bter


DASH/BTC daily chart at Bter exchange
DASH/BTC market data
Click Here to Bter market

C-CEX


c-cex market chart for DASH/BTC
DASH/BTC market is muted and the price was last traded at 0.02199996 amid higher buy interest. C-CEX is another growing BTC exchange in 2016. Click here to view the largest varieties of altcoins.

Livecoin


DASH/BTC chart on livecoin
DASH/BTC pair is 0.02140977BTC on expanding daily volume.
24Hour Low: 0.01897304BTC
24Hour High: 0.021726BTC
Enter Livecoin for more altcoin trading.

Trade The DASH/Bitcoin Futures on BitMex
DASH/Bitcoin Future

DASH/Bitcoin (DASH/XBT) is tracking closely with DASH price in other exchanges defying the BTC momentum.


The DASH derivative is in the form of a Futures Contract and allows traders to speculate on the future value of the DASH/Bitcoin (DASH/XBT) exchange rate. Traders need not have DASH to trade the futures contract as it only requires Bitcoin as margin.

Trade DASH on BitMex Futures


** check below for other BTC/cryptocoin exchange options

note: please alert us if you know any new exchange that offered DASH trading in the comment.

Trading Idea : I expect a pullback soon, but fresh rally could push DASH to the all time high. The momentum is heavily bull, but check for the support level for potential long trade setup.


Set take profit and cut lose ratio at 3:1 to minimize the risk.

BTC Exchanges With DASH Trading,


Livecoin
Hit BTC
CEX.io
Yobit
C-CEX
Virwox
Bter
BitMex
Poloniex
Kraken

chart via tradingview with data source from Poloniex, Hit BTC, Yobit, Bter, C-CEX, Livecoin and BitMex.

The author is a self-described cryptocurrency activist. Ironically, he is not involved directly on the development and mining. But a keen trader that specifically studying and analyzing the chart and prices based on zen principles of candlesticks price action techniques. And most importantly, he is always prone to deceiving price movements that can exposes to trading losses. So trading based on his personal opinions is extremely risky and not advisable.



Please do your own due diligence before making any investment decision. This article should not serve as investment advice. This post is mainly as reference and tutorial for trading on possible cryptocurrency breakout.

Sharing is caring!