Dash
$DASH/BTC the old gods returnDASH is another example of a old established coin which is in position for full uptrend.
After finding support at the "top of the low", aka the local high which came right after the All Time Low in Feb. 2014., DASH started reversing the trend by breaking the first resistance and forming a higher local low and is now pushing the 0.236 fib line.
IMHO the old fib is enough for DASH so my targets are the good old fiblines from the previous cycle.
Dash Rising WedgeDash is forming a rising wedge and is preparing for a major take off. This cryptocurrency has been gaining traction and has several highly lucrative projects in progress. I plan to take profits at the top boundary of the wedge as there may be another retrace to the bottom boundary but after that I'm buying in for a long haul.
Bad scenario test weekly or monthly support ?Bad scenario: #DASHUSDT #dash #dashusd #binance #altcoin #crypto
Monthly support point test
Monthly : I can't believe this is happening right now!
This is just the monthly support point that the charts and indicators show. And there is no reason why it should be tested.
weekly : There is probably still weekly support re-testing.
$ 260-280 area
But now the chances of other scenarios (ascending and bullish scenarios) are higher.
What do you think ?
DASH ready to run!DASH about to take off?
Recently broke above an area of resistance it has been under for a very very long time.
Appears to be completing a cup and handle formation.
Runs very fast once it gets going.
Could be a good time to enter a long position. Potential targets above.
I hope you find this helpful. If you want more on potential trade-set ups or anything else please comment and let me know.
Also, I’m going to try and chart coins against BTC if at all possible. The reason being that if a coin isn’t out-pacing BTC then you should just be buying BTC instead.
COINBASE:DASHBTC
New HOPE?!🔥New week, New trade, folks🔥
Wake up to make money.
There is a Flag formation on DASH/USDT crypto pair.
Price had strong bullish sentiment before this consolidation.
Price bounced from support and resistance zones multiple times into this consolidation.
Then it had bullish breakout.
Possible retest is expected. However price increase without any retests.
So follow the chart and look for the best price to enter carefulyy.
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🔥 DASH Bullish Channel TradeLike all major cryptos, DASH has seen an increase in bullish activity over the last couple of days. During this new bullish push upward, a bullish channel has emerged for us to trade.
With BTC showing some signs of weakness over the last two days, DASH moved toward the channel support, potentially an ideal time to buy in.
Happy trading!
DASH's May2moon-party 🚀😍 Enjoy the ride!!!Hey guys!
Three times DASH tested that level already. A 4th time should finally lead the DASH-bulls to the next level!
Rising triangle with a goal of about +69% versus Bitcoin should be realistic in May. Enjoy the coming rocket! 😉📈
Happy trades and stay safe!
Cryptopoly888
#may2moon
2 scenarios that I like the look of for $DASH.I think the orange horizontal ray at around the $310 level is going to be the decider as to where we go with dash over the next few days. A close below could indicate we drop back towards the ascending trend line and grey box indicated below.
Or secondly we close above the $310 level and keep riding, then use this level as support for the next move up.
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I’m a 23 year old trader with 5 years experience in trading cryptocurrency & forex. My ideas are for educational purposes only. Each & every idea/trade I post is a setup based on a position I myself will take - so I’m always in it with my followers.
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DASH on the way to $479 as it breaks my parabolic indicatorsSo as per previous analysis, DASH played out how I explained. DASH retested the long term trendline and then on the daily chart the RSI crossed over the red horizontal line causing DASH to become parabolic.
Here is what I mentioned in last analysis 'On the daily chart of LMACD shown below I know when it breaks above the red horizontal line, Dash goes parabolic in price. Dash needs to break this line on the daily chart to confirm the upward move.'
If you monitored my charts you would of picked this up and made the move to buy in after the RSI crossed this red line.
What I can see on this weekly log chart is on the RSI you can see the lime green trendline for the previous bull run on DASH and also for the current one. DASH needs to stay above this line to keep bullish momentum.
On the LMACD you can see on the weekly chart that once DASH goes above the yellow horizontal line it goes on it's bull run as shown where the red down arrow is on the previous bull run in 2017.
DASH has just bounced off the EMA 233 which is the dark blue line on the chart. DASH is above the Ichimoku Cloud.
On this daily chart below we need to be wary of when the LMACD hits the yellow line on the daily chart as we could see a retrace before the next pump upwards to our target @ $479 where the 4.236 Fibonacci retracement indicator is shown on the chart.
Happy trading legends!
HTBB
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