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.
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Dash
DASHUSDT - Buy after the timing showedBYBIT:DASHUSDT
4H trend chart
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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.
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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
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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
✴️ CAKE/USDTCAKE has been trading in the yellow zone of the MMR band very severely, but on-chain data analysis shows the downward moves have started to come to an end. I expect CAKE to begin reclaiming its previous prices on the long time frame charts by retesting the resistances at 18.90, 21.00, and 22.60.
DASHUSDT : Pattern completed and modify the SL
Click the pic to read last post and detail
The double bottom completed ,so we follow the last post modify SL 170.3 to 178.7 and the same TP.
TP1:198.8
TP2:213.1
TP3:218.9
TP4:225.1
TP5:251.3
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Dash DASHUSDT - Ascending channel + new ATH soon!- Dash DASH - Rank #65 on coinmarketcap
- On the weekly chart we can spot a huge ascending channel
- The price respects a support trendline
- Profit target is 1:1 extension or top of the channel
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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DASHUSDT Technical Analysis⏳ Spot
💎 DASHUSDT has been moving up in the ascending channel, after the breakout, it has also formed a symmetrical triangle, After the breakout I expect that it continues the Bullish move
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🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 200.0 - 206.0
☕️ TP1 212.0
🍺 TP2 220.0
🍻 TP3 270.0
🍾 TP4 350.0
🍷 TP5 430.0
🍸 TP6 520.0
🍹 TP7
🎁 TP8
🚫 SL at your Risk
Good Luck 🎲
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Will DASH Surge after the pattern confirmation ?
In last post , price broke out the channel and hesitant.
In 4h timeframe ,there is a potential cup and handle pattern.
After price break out 198.8 , we can modify SL 170.3 to 178.7 and the same TP.
TP1:198.8
TP2:213.1
TP3:218.9
TP4:225.1
TP5:251.3
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
DASH About To Break Above SoonWith the recent price action after last ABC correction, DASH has formed a nice triangle that could also act as a reversal pattern as there are clear higher lows being formed. If we break above the triangle on the 3rd attempt we have to then also break obove the $220.6 zone to invalidate an ABC correction (climbing above the B wave).
If all this happens, price should climb even higher breaking the final short term ressistence, sitting at $285. Market looks very bullish overall and the alt season is right arround the corner imo.
I am not a financial advisor so non of this should be taken as a financial advise. Stay safe.
BINANCE:DASHUSDT
DASH/USDTDash has been creating higher lows on the higher time frames for quite some time now. On the 4h TF, it has created a consolidation zone between 195 - 180 which is trying to break out off to the upside. On top of that, it has left a huge liquidity void from the last crash on 7th September which never got filled. I am expecting Dash to reclaim some of its price in its attempt to clear out the order clusters created by that liquidity void. We may see price retest at 211 and 230 resistances respectively.
DASHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price has been able to break the resistance line and stabilize above it.
We expect the price to move to the second support line and then move to the next resistance line, which is our target.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Can DASH D breakout bearlish channel ?In DASHUSDT D
It is trying to breakout the bearlish channel.
If the breakout can be confirmation
*with short upper shadow
SL:170.3
TP1:198.8
TP2:213.1
TP3:218.9
TP4:225.1
TP5:251.3
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.