Altcoin Trade Reccomendation: DASH

Saturday-10/14/20127

The Price of Dash broke SMA 100, signaling a trend reversal. MACD lines support upward movement and DMI shows the power of this movement. We can trade based on a breakout signal above 320.00 resistance level. Pending orders should be placed at 321.00 level. Stop orders must be placed at 286.00 level. Profit targets are at 350.00 and 400.00 levels. If you dont use leverage, reccomended trading volume for this trade is up to 10% from your deposit.

MARKET: DASHUSD
Buy: 321.00
Stop: 286.00
Profit Targets: 350.00 and 400.00

What is Dash?:

Dash (formerly known as Darkcoin and XCoin) is an open source peer-to-peer cryptocurrency that aims to be the most user-friendly and most on-chain-scalable cryptocurrency in the world. On top of Bitcoin's feature set, it currently offers instant transactions (InstantSend), private transactions (PrivateSend) and operates a self-governing and self-funding model that enables the Dash network to pay individuals and businesses to perform work that adds value to the network. Dash's decentralized governance and budgeting system makes it a decentralized autonomous organization (DAO).

(sources; www.wikipedia.com , www.hacked.com)