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Dash

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
Long
by AVA37
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.
by MonoCoinSignal
5
🔥 Dash Wedge Break Out ContinuedA couple of weeks ago, I made an analysis on DASH. Here I argued that DASH was trading inside a descending (bullish) wedge pattern and that a pattern was likely to occur soon. As it seems, the price needed one more re-test of the wedge's support before a strong break out could occur. The first target of my previous analysis has been reached. Now we can extend our targets upward since the reversal has been set in motion. Next major target is based at $200, second target at $215. With sufficient price action, both targets could be reached within a week. Happy trading!
Long
by FieryTrading
7
🔥 DASH Bullish Wedge Break Out ContinuedLast week, DASH saw a strong break out of the bullish / descending wedge in which it has been trading for several weeks. This break out launched the price towards the most recent high based around the $185 area. Since the crypto market is looking fairly bullish overall, I'm expecting the price to break above the $185 area in the coming days. In case that happens, the first target area lies between $210 and $215, based at the closest local top. Happy trading!
Long
by FieryTrading
10
DASH/USDT - Potential 139% SetupHello Traders! The upward movement of DASH has received a deep correction. At the moment the price returned to the active trading range of $138 - $176 Purchases can be considered between $138 - $160 It would be a good idea to place a stop loss at $94 The medium term buying targets will be $240 $290 $332 Excellent risk/profit ratio (above 4) Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:DASHUSDLong
by UnknownUnicorn10064030
🔥 DASH Bullish Wedge Pattern Break OutTogether with the rest of the crypto market, DASH has been moving down for almost three weeks now. During this period, a bullish (downsloping) wedge has been formed on the chart. Classically, these patterns lead to a bullish break out. With Bitcoin rising and the stock markets reversing, there's a decent chance that DASH will break out of the wedge in the near future. In case of a bearish move, expect DASH to bounce off the lower trend line. Main target is at $200, second at $215. Happy trading!
Long
by FieryTrading
10
DASHUSDT TECHNICAL ANALYSIS If the candle couldn’t reach out $191.2 today and If the candles stay below to downtrend line, it may lose more value and fell down till support line ( around $110.7 ). I’m still bearish at the moment and MA changed direction as well. If we have some DASH in our hands at the moment, we may need to sell it. We got SELL signal on August 30th, 2021 from @EngineeringRobo, I sold it in those day and if you sold when we got the signal too, you could save over 37%. “NFA”
by ABSTOCKER
DoorDash: The Stock that Hedge Funds LoveIn this post, I'll be taking a fundamental and technical approach to DoorDash ($DASH), an American delivery & takeout platform. For more information on the company since its IPO, make sure to check out the post I uploaded in Dec. 2020 by clicking the chart below. Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Fundamentals - DoorDash has shown tremendous growth compared to its counterparts like GrubHub and UberEats, during the Covid pandemic. - In terms of meal delivery shares, DoorDash currently covers 57%. - Dashers - the deliverymen on DoorDash - are gig workers, but the Biden administration has signaled that they should be classified as employees - This would induce additional costs, and with DoorDash still not being a profitable company yet, this could negatively impact the stock's price. - While this company is still not profitable, their Q2 financials demonstrate great growth trajectory - Their increase in revenue isn't amazing, but the absolute value is quite high. - Their Gross Order Value (GOV) has been growing for 5 consecutive quarters. Technical Analysis - The chart demonstrates that the stock is very volatile. - But ever since we tested the IPO price support in May, we have been in an uptrend, forming higher lows and higher highs. - The price is trading above the Exponential Moving Average (EMA) Ribbon - A break and close above $214 could lead this stock to retest its all time highs at $256 Institutional Investors - SoftBank holds the most stocks, owning 12.89% of the company (43.5m shares) - The runner up on the list is Sequoia Capital, with 11.66% - Tiger Global Management holds 3.23%, and Morgan Stanley Investment Management holds 3.13% - Among known hedge fund managers as well, the top holders on the list (by order) are: - Chase Coleman (Tiger Global Management) - Jim Simons (Renaissance Technologies) - Ray Dalio (Bridgewater Associates) - Ken Griffin (Citadel) Conclusion DoorDash is a very interesting company with a business model proven successful by other companies overseas. It would be important to see the continuation in growth momentum and the company turning profitable in the next few years. Especially with a lot of institutional interest, this stock could definitely be added to your watchlist. If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight :)
DLong
by Michael_Wang_Official
2