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DASH - Waiting For Breakout!Hi, this is my new update for DASH. After three days with red candles we are smashing all of them with one big green candle. Right now we are in a critical moment, first of all we have smashed both 100D moving average and 200D moving average at the same time and if today we close the candle above these levels then we are good to go, but we have one big trendline that we have already been rejected 6 times, so it is very important to get through it and close one candle above it. If we break the trendline the next stop is to test the resistance $215 and if we break that too then we are ready to fill the gap between $215-250. I expect professional traders are going to take positions when we close the candle above the trendline and we are going easily to break the $215 resistance. So be patient and don't PANIC ;)
KRAKEN:DASHUSDLong
by GOAT1375
DASH - Future Projection SeriesIf you’ve read any of my previous “Future Projection” posts, skip down to the conclusion as these paragraphs are the same. During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me. At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that. Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle. The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series. The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7. Conclusion; At the time I drew this one the price was $1.98 First Projection $984 984 / 1.98 = 5 X Second Projection $1,469 1,469 / 1.98 = 7.4 X Now for a regular old fellow such as myself, a 5 to maybe 7 X on my money within the next few months is a good investment. It literally involves 2 trades. Timing is not a great big deal as long as you get in near 1.98 otherwise the X factors changes a lot. Timing to get out is the top of the curve. This is a day time factor. It’ll be “at the top” for days or a week. You’re not chasing a pump or a knife here, its a month(s) trade. Or a parabolic week so watch close. I’ve done this for a lot of coins now and the results are sometimes very interesting in that, a popular coin just doesn’t have the numbers or that it really has good numbers. I found as an average I like results in the 5 or above range for the first projection and 15 or above for the second projection. If I utilize this investment concept and choose coins with similar numbers I can reasonably expect a 10-15 X overall. I’ll post a few others I find interesting for this bull run in the coming posts. My thoughts, not advice Oklah. Cheers
by wildboar8
DASH - rocket at the start 😮🚀🚀A trend line has formed on the DASH chart. The price has already tested this trendline 5 times, with each test the resistance is weakening and a breakout may occur soon. In addition, it is worth noting that the price is contracting and moving in small candles, which is also a signal of accumulation of strength before a breakout. And of course don't forget to subscribe to our tradingview and other platforms, leave the name of the coin you want us to analyse in the comments. 💚
Long
by AlexWhale
4
DASHUSDT - Buy after the timing showedBYBIT:DASHUSDT 4H trend chart - DASH is consolidating since falling from M pattern. Now it is converging and accumulating. If price can break through the downtrend line, trading strategy as below. *Take some profit at Optional TP if price break the line in the lower part of chart. - Profit Targets: a) 213.7----Fib(1)/Optional TP b) 232~239.4----Fib(1.272~1.382) c) 247.3----Fib(1.5) d) 280.9----Fib(2) Stop losses: a) 176.8-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
DASHUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a daily time frame. As you can see, the price is fluctuating on the resistance line, and if it stabilizes above that, it can touch our target. You can see the reverse head and shoulder pattern that can project a rise in price. We have drawn a support line that if the price drops below it, we predict a fall. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
Long
by MarsSignals