Dash
DASH looks strong to me (Bullish/long)Hello everyone,
This is just quick chart for DASH as DASH looks very strong to me and it might perfor similar to XLM in upcoming days/weeks
From a technical perspective DASH also looks healthy on the Weekly chart. Indicators are very bullish and bullish cross might happend soon.
So Dash have a very good mid-long term potencial.
On the Daily chart it also broke the downtrend line and looks like it retested it succesfully once it cleans the resistance zone it can spike up really fast
If you dont know how XLM played out then see the chart below.
It created new lows ( bear trap ) then broke the MA, retested it and pumped hard right after
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
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Dash forming a potencial Cup & handle patternHello everyone,
this is just quick update for DASH as it looks like it is forming a potencial Cup & handle pattern.
For further DASH technical analysis check the chart below and updates in it
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
dash , dashbtc, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
Dash breaks long term trend line and tests Ichimoku CloudOn this weekly log chart we can see Dash has just broken above the long term trendline shown by the long lime green line. Dash is also testing the top of the Ichimoku Cloud on this weekly log chart shown where the red down arrow is. The EMA 8 is now above the MA 21 and EMA 34 and is about to cross the EMA 55 on the weekly chart. Dash itself is trading above all the EMA and MA indicators shown.
The red horizontal lines show major support and resistance.
The Fibonacci retracement indicator shows that Dash has broken above the 0.618 level and tested the 0.786 level. Dash could get to the 1.272 or the 1.618 level.
The LMACD is now above 0.
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.
On the daily chart below Dash broke the long lime green trendline and then retested it with a strong bounce.
What I am looking for is Dash to break and confirm above the Ichimoku Cloud on the weekly chart and also to break above the red line on the LMACD on the daily chart. Also Dash to break the 0.786 fib level at around $115.28
If Dash can break these barriers it should at least get to the $166 to $175 region, depending on what BTC does the next few weeks obviously....
If Dash rejects these levels it should retest the lime green trendline again on the weekly chart.
Overall the charts look highly bullish.
Happy trading legends!
HTBB
Donations via TradingView coins will enable me to post more of my analysis with more information. Thanks in advance if you are a legend who donates.
Will DASH leave its 700-days-lasting sideways-range?3 reasons why I’m long term bullish on DASH’s chart 📈
✅ first higher high was printed since the drop
✅ first higher low was printed since 2018
✅ volume at Binance & other important exchanges and RSI is rising
A weekly or monthly close above the 3 monthly resistances (which are placed between 108-116 USD) would mean a final confirmation to me.
Fun fact:
- The bear market was lasting exactly 350 days.
- The sideways-range took twice as long as the bear market, so 700 days !
- IF the next bull-cycle will last as long as the bear market, we probably could reach about the 1000-USD-level, which would be a plus of 888 % from now on! Here DASH will hit on its 61.8% Fibonacci-retracement (of 2018’s downtrend) and a weekly open/close resistance.
Hope you enjoyed this analysis and are also a fan of DASH and its fundamental potential as “digital cash” / paycoin.
Have fun and stay safe! 🙏
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Disclaimer: This is no financial advise! Every trader takes its own risk.
$DASH, Retested ~530k sats (descending trendline)...$DASH
Retested ~530k sats (descending trendline) & starting to push again up
UCTS showing a 1D buy signals & lower timeframes as crossing EMA50 for the 1st time since May
~690k sats as 1st target (25% since entry) but aiming for continuation for higher targets
#DASH
Dash- Overlooked 10x play, but not forgotten. Dash is a semi privacy-focused coin. Anon coins overall have the most user cases, but haven't caught much of investor attention lately due to the rise of BTC and DeFi governance tokens.
Dash has the potential to go 10x and it is lagging behind other top coins/tokens in terms of how far its price is from ATH.
Get in now because of the pullback of entire crypto market or scale in slowly unless the price falls below 60-65 range.
All other technical factors look fine and all it needs is some fundamental catalysts.
Swing to intermediate setup. Wait patiently and you will be rewarded.
Just my opinion. Not the investment advice.
$DASH, Waking up after a entire year falling ~70% from January $DASH
Waking up after a entire year falling ~70% from January highs
Breaking from descending trendline as UCTS is showing a 1D Buy signal (needs to close)
Aiming for an entry at ~530k potential retest seems safer for now
Room to grow back to 2020 ATH is massive (250%+)
#DASH
DASH dashing up. DASHUSDComing up to the end of the Crypto week, I am electing to look at a fair few impulses. We have DASH here. And it's going up like many cryptos are right now. Goals at a close 90.4, 90.9, 92.66. Invalidation is ofcourse in red, as usual. Don't forget, none of this, and any of my posts, is ever financial advice. I might be a trader, but I will never trade for you for a whole list of reasons.
DASH/USDT (Trendline Breakout and Reversing from Support Zone)DASH/USDT (1-day chart) Currently trading at 71
there is a possibility of small retracement to 69.5.
Based on Price action this is a good time for BUY
Entry: 69 to 71 level
Resistant level 1: $88
Resistant level 2: $104
Resistant level 3: $137
Stoploss : $62
DASH - Sell the top setup.Dash - Intraday - We look to Sell at 76.48 (stop at 78.05)
Preferred trade is to sell into rallies.
Rallies should be capped by yesterday's high.
Daily signals are mildly bearish.
Our outlook is bearish.
Our profit targets will be 72.11 and 70.12
Resistance: 76.00 / 77.00 / 78.00
Support: 74.20 / 73.00 / 71.00
DASH has 4x Bullish Altcoin Cycle OpportunityThere is some big assumption coming with the 4x opportunity for DASH. The main one is that DASH will be able to participate in the next parabolic alt-coin cycle.
If it is does and taking a conservative approach multiplying its value to about 264€ is absolutely in the realm of likely possibilities.
There is four resistance level to conquer: 66€ (which it appears to over run this week), 120€, 160€ and 200€.
Reason I don't see Dash shooting for new all time highs is that it just has shown quite a bit of weakness versus Bitcoin and has had a massive >80% loss from its all-time highs.
Depending on your event horizon for the the parabolic alt coin cycle start and length here I see Dash reaching the 4x 264€ margin by July 2021, which is inline with my Litecoin projections.
DASH accumulation, breakout imminentThe large green volume bars show accumulation within this range.
Wait for a retest and resumption following one of the arrows. At least a 4 Hr retest and resumption, but preferably 8 Hr.
As you can see, previous breakouts failed 3 times when there was no retest and resumption.
Although it is getting closer to the bottom of this descending upper trendline, so it should break out this time, especially given the buying volume.
✳️Dash/USDT (30-10) #DASH $DASH #DASHUSDTDASH is again testing the bottom of $63-65 and it looks like there is quite a bit of buying power here. We can put our faith in DASH as DASH does not lose the 60$ zone. If DASH breaks the $95 zone, it is possible to trigger FOMO status
📈BUY- LONG Strategy
- Buy as close to $63-65 as possible, stoploss if the 1D candle closes below $60 zone
- Buy more if the 1D candle closes above the 80 $ zone to confirm a new uptrend
📉SELL-SHORT Strategy
- Sell at the 80$ zone for some profit, stop loss if the 1D candle closes above 80$
- Sell at the 95$ area because it is the ceiling price of DASH and there is certainly a strong selling force here
♻️BACK-UP Plan
- If the 1D candle closes below 60$, we will sell in the 60-65$ zone, stop loss if the 1D candle closes above 65$.
- Wait to buy in the range of 35-40$