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Dash

DASH 1D First $135 and then we will seeA month has passed since the previous DASH idea was published. It began working out less than two days after publication and gave +60% in a week, don't you believe?) Check) Further news in the delisting of the anonymous trio XMR, ZCash and Dash from the Bittrex exchange and not only them, significantly lower the price. But this news can be considered worked out and one can think of a positive scenario. To begin with, we can expect the DASHUSDT price to grow to the zone of $130-135. And only if buyers' aggression is felt and we see a confident fixation of the DASHUSD price above this zone, we will dream of further growth. For example, to the next zone from above $210-230, is it time to catch up with Ether, or not? ) If sellers become active in the zone of $130-135 , then it will again be the fall below $100. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
13
Dash, an underrated coin!Looking at Dash, one can find a really underrated coin here. Not only has it always performed well in the past, but it has still almost not pumped in this new BTC rally. Almost completely unpumed, while DashBTC is falling to new local lows. I see a giant falling wedge, and it could do a classic false breakout of the wedge to the downside, panicking many, tempting to sell their Dash, only to rebound soon after and start a gigantic rally. It is by the way only a matter of time until the new altcoin rally season will start. Could be tomorrow, or in 2 months, nobody knows, but I think we shall see some epic action very soon. And Dash is an interesting coin for anyone that isn't yet invested in altcoins. I will look at other coins in the coming days, which still have potential in this rally, as they have almost not pumped yet, and have shown good past performance.
Long
by SebastianofMoon
14
DASHUSDT (DASH) - POTENTIAL BREAKOUT ANALYSIS 🔎 - DASHUSDT is printing a falling wedge pattern. - This is reversal pattern. - A bullish pattern to be precise. - Price action is also printing the double bottom (W) pattern. - This is also a bullish pattern. - RSI is printing a bullish divergence signal. - Omo confluence choke 😂. - Price is testing the falling wedge's resistance. - There's an upward breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Horizontal resistance levels (R1, R2). SETUP INVALIDATION ❌ - Breakdown below the double bottom support level (S1).
Long
by Chibuike_Odoh
2
HyreCar provides cars to drivers for Ride SharingBackground Have you ever gotten into an Uber and wondered how this driver afforded such a sick ride? Lots of times they are driving as a second job or in retirement. But other times its because of rental companies that will rent their fleets of cars to drivers rather than have them sit idle on a lot. HyreCar has created the gig-economy service to service the gig-economy services by connecting car owners with ride sharing drivers. Fundamentals Founded in 2014 and listed in 2018 Offers owners a way to earn passive income from unused vehicles Provides drivers a vehicle for earning money with ride-sharing services Competitive advantage is the included insurance and automated platform for connecting driver to owner Last three quarters revenue YoY of +65%, +47%, +84% Last three quarters EPS of -0.25, -0.22, -0.10 Used a Paycheck Protection Plan Loan in April during COVID impact on business. The $2m PPP loan is likely to be forgiven. Technicals 140% gain since the beginning of November Currently extended 45% above the 50d MA High, tight flag forming. Over 100% gain in less then 8 weeks with only 10-25% correction. ATR is too high for entry. 10d ATR (x2.7) would require a 27% stop and very small position of R3.69 Summary HyreCar has an interesting business model and is finding growth by moving from individual car owners to companies that have fleets of vehicles not being used. They weathered a tough situation with the COVID pandemic in early 2020 that brought ride sharing demand to a low. Now that we are getting clear of the pandemic, business is starting to pick back up. The large PPP loan incurred to keep paying employees will likely be forgiven as offered by the government for businesses that used it to pay employees. This is a good one to put on the watch list and potentially buy when it breaks out of the high, tight flag. Or wait for a little more growth in the company and enter in the future.
HLong
by drewby4321
1
Dash to $24,000? BTC launched in 2009 and DASH launched 5 years later, in 2014, is DASH one full cycle behind BTC? The 2017 boom bust cycle of dash looks like BTC in 2013. In that year BTC had a big run up from ~$12 to $1178 and crashed back down to about$150. And I think we all know what BTC did in 2017. In 2017 Dash went from about ~$1 to $1,600 and crashed back down to ~$33. Looking closely at what BTC did in 2013 and 2017 and comparing it to DASH, I believe DASH is about to do what BTC did in 2017. Yep DASH to 20K! haha We can only hope ;) I feel like not many people are paying attention to this one, so might be a good play to grab a couple just incase... Like And Sub! Never Trust. Verify. D.Y.O.R . Not Financial Advice Just an Observation. Always remember: Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key . Capital preservation above all else. Check out the wyckoff Accumulation Pattern for DASH below:
Long
by TribeWriter666
67
DASH:USD Grinding Higher. $20,000 still possible this cycleDASH has had a real battle gaining momentum over the past year and it's had it's fair share of FUD. But since the March low it's been slowly grinding higher. Since Bittrex is not even top 10 in terms of exchange ranking I don't think the de-listing will have any long term impact on DASH. The marketing approach for DASH has also been switched form "it's a privacy centric coin" to "Privacy is opt in" and "DASH is not more private than BTC". I think this pivot will help their case. No matter how you look at it, DASH has impressive adoption throughout Latin America and is solving real world issues for people who really need it. What adoption? Over 5000 merchants accept DASH as payment, it's got more than 2000 ATMs worldwide, processes over 20,000 transactions per day and it's helping people escape hyperinflation in places like Venezuela. It's currently used as much as BTC in Venezuela. For me, these metrics are very BULLISH Something I found interesting was the unusual volume spike. When I see FUD and a corresponding Volume spike like that, it always makes me pay attention. This is a common trick used in the market. Release FUD, buy the dip. Don't let them shake you out. Play the higher timeframes. Win. You're in before the big players. Don't let them steal your coins. If you want to see for yourself, I use (coin trader . pro) go to charts and look at the arrogated volume. There's also the same strange buy spike for ZEC, XRM, LTC and a few others. It's not a small anomaly, it's like a whale has just market bought 10x the daily volume on each of them. PAY ATTENTION TO THIS Key points: Higher highs, higher lows Broke-out and re-tested descending trend-line Broke the Jan- Feb 2020 high, first major higher high since Dec 2017 Currently trading above the High volume node ($70-$85), This should act as strong support Things to keep an eye on: Broke the Jan- Feb 2020 high but failed to stay above it (Swing frailer pattern) Break down from the lows and channel line at $61 & I'm calling GG for 2021 Small high volume node at around $180 in line with the Jun 2019 high Watch for resistance at the 0.5 & 0.618 Fibs on the way up. Supporting the points above: Question: Does anyone know how to see the combined volume here? Never Trust. Verify. D.Y.O.R. Not Financial Advice Just an Observation. Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key . Capital preservation above all else
Long
by TribeWriter666
31