🔥 DASH In A ChannelIn general, DASH is lagging behind a lot of other cryptos. In the case the bull-run will continue, DASH will surely make up for its current slow behaviour in the future. At the moment, it appears that DASH has bounced from the lower support of the channel and is making its way up again.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
Dash
Evidence base trading..!Most newbies make a great pray case for the WOLVES of wall street (venture capitalists).
Please review all the opening days, in last 3 years, soon you will find out you can buy the new stocks, 30-90% cheaper in weeks or months..!
Let wolves and Algorithms rip each other apart, then we will join for the real play.
Quickpost: Dash to more than double before next major pullbackGreetings, a lot is shown on the main chart and there will be one more chart in the post.
Analysis
Nested structures are performing
Falling wedge target is Hight of the wedge
Triangle target is just shy (measured moved not shown for simplicity sake)
Flagpole Target will get us most of the way to full target at the orange trendline
9 Season Rainbow explained on the chart. Deeper explanation found here
Wider Shot (monthly)
MACD EMAs about to cross bullishly
My training and experience leads me to see a rejection/consolidation at the orange trendline
Likewise, expect the orange trendline to be broken and then tested as support
Closing remarks
Money is:
Store of value
Divisible
Fungible
Unit of Account
Bitcoin seeks to be money with an emphasis on store of value. Other coins want to be money but don't empahsize the store of value, they focus on the the fungible/divisible aspect. These are the currency coins and when BTC slows down they will take off as a replacement currency for failing fiat. Just as the normal pattern is for Gold to move first and then silver to over-perform, BTC moves first and then the currency coins like Dash move later.
Dash will Bash, said on 29/01/2021we are expecting a high rise on this altcoin as it was ranging for a while, .
as Bitcoin dominance drops, it will get more power as it is currently accumulating and soon we will see some heavy changes and up rise on this
we have specified the areas of retraces and projection of two bearish and bullish waves
please consider the TP areas
DASHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is in a bearish trend. If it is able to break above the triangle, it will be able to go toward its resistances.
Of course we need to keep an eye on Bitcoin’s price.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
DASH is changing the channel higherDASH looks to be breaking out of a nice wedge (orange lines).
However, what I find even more interesting is DASH also looks like it has an interesting uptrend over the past few months. When I move this trend line to the bottom, it shows our current trend going on right now (green lines). The more interesting part is we are currently at the bottom of the line while also in the middle of a breakout.
This looks pretty promising right now, although also leaves very little margin for further retracement. Should be interesting if it continues the uptrend in the short term, but at least shows some promise.
I have heard some interesting points made by others to the contrary with regard to DASH as of late as well, so I'm also open to others' opinions if you have them.
DASHUSDT - bulls can take the leadHello everyone!
Trading plan for DASHUSDT
First of all, I would like to note that the price is in the 50-62% Fibo zone of the global 4h wave. Statistically, the trend is healthy when the pullbacks do not exceed more than 60-62%. So on the 4 hours chart, the trend remains bullish .
Second importan thing, I see a locked sell area on the chart in this global Fibo zone. Such provocations often gives a reversal of the movement. Level 192 is critical support. If the price breaks down 192 and closes below, with a high probability we will see the price lower to the next locked zone - 160-163. If there is a rebound from this level (a small puncture is possible), the growth scenario remains. Work according to the principle "If... then... ". So the cancellation of the bull scenario is if the price will break and holds below 192.
Third. The minimum raise potential at the moment is resistance 227.
The optimal target is level 246, which will give an excellent risk/reward ratio.. Above 246 - trailing position + breakeven.
Resume
Direction - Long
Buying area 192-210.
Targets 227, 246 and 290.
Cancellation of the scenario - breakdown 192 and close below.
Operations in financial markets can bring both large potential profits and are associated with potential risks associated, among other things, with the effect of leverage and high volatility of instruments used in trading in financial markets.
The provided forecast is a subjective analytical assessment of the situation in the financial market and in no way is it a recommendation for opening deals, investing and developing your own trading strategy.
DASH/USDT - Two upward patterns 🚀Hello everyone, analyzed the DASH / USDT pair
🚀Price was in a falling wedge and moved well, forming an inverted HEAD AND SHOULDERS.
Now there are good savings, I look forward to an impulse movement.
Support zone Level: $ 184-197
Resistance zone levels:
$ 232-247
The levels of work are indicated on the graph. Don't forget that this coin gave a nice boost to your deposit. This is impulsive and you shouldn't take short stops.
"This is just my opinion, trade with your trading system."
"Have a nice day everyone and come."
🆓Dash/USDT Analysis (2/3) #DASH $DASHThe selling pressure was stopped and DASH is recovering quite fast, this can help DASH in making a new rally up to 280$ zone or even 400$ zone. But at first, DASH must conquer 240$ zone, this zone is very important to DASH at the moment
If DASH loses this round number support zone at 200$, it will dump strongly to 120$ zone
📈BUY
-Buy: 200-210$. SL if B
-Buy: 235-245$ if A. SL if B
📉SELL
-Sell: 275-285$. SL if A
-Sell: 390-410$. SL if A
♻️BACK-UP
-Sell: 200-210$ if B. SL if A
-Buy: 120-130$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
DASH Buy oppotunity 4H#DASHUSDT has a good support on 200 - 205 $ and short term downside trendline is broken .
As you can see on the chart we have 2 positive divergences with price on MACD and RSI .
so we can say Dash is going to begin a new uptrend.
for short term trade we can have 245 - 290 and 330 targets.
and if it breaks 330 resistance then we could have 600 - 1300 and 2200 targets for mid term and long term .
Like and comment if you agree or disagree with me please.
***Future is yours***
DASHUSDT (DASH) - UPTREND CONTINUATION ANALYSIS 🔎
- DASHUSDT brokeout above the falling wedge's (FW-1) resistance and hit a swing high.
- Price then retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level.
- RSI is printing a bullish divergence signal.
- The retracement is bounded in a falling wedge pattern (FW-2).
- A falling wedge pattern is a bullish reversal pattern.
- A breakout above the falling wedge's (FW-2) resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Breakout above the falling wedge's (FW-2) resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
-Breakdown below the falling wedge's support.