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
$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$.
- Wait to buy in the range of 35-40$
Dash buy the dip setup.Dash - Intraday - We look to Buy at 64.31 (stop at 63.38)
We look to buy dips. 64.00 continues to hold back the bears.
Dips continue to attract buyers.
Daily pivot is at 64.00.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 66.98 and 68.42
Resistance: 67.00 / 68.50 / 70.00
Support: 65.50 / 64.70 / 64.00
DASH Where will be the bottom? At $50 or $40?Long ago passed the glory, once so popular, DASH
Someone kept it from $2, someone bought at $8-9 and sold at $100, enjoying incredible X's.
There were also those who traded DASH around the historical highs at the mark 1550+ $ , believing that it would be crypto bronze or new silver.
But time set things straight and now we are looking for another bottom for DASH.
For the last 2 months, DASH has been in the trading range $62-80 . There are instant and non-logical coin shots up, but each time weaker and each time D ASH is pressed to the lower limit of the corridor $62.
We can, of course, trade DASH in the channel mentioned above, but the following possible scenarios should be considered:
- As soon as the price fixes below $61.5 , the way will open to levels below: $50, and as a reference point for the final fall point, we can take the zone
40,5$-44$
- A positive light on the DASH horizon will appear only when the price can fix above $80.
________________________________________
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💡Don't miss the great buy opportunity in DASHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (63.65).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 75.30
TP2= @ 79.90
TP3= @ 87.90
TP4= @ 104.40
TP5= @ 117.10
TP6= @ 142.15
TP7= @ 184.55
TP8= @ 260.75
TP9= @ 399.65
TP10= @ 622.50
TP11= @ 803.35
TP12= @ 984.00
TP13= @ 1568.35
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in DASHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (63.65).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 75.30
TP2= @ 79.90
TP3= @ 87.90
TP4= @ 104.40
TP5= @ 117.10
TP6= @ 142.15
TP7= @ 184.55
TP8= @ 260.75
TP9= @ 399.65
TP10= @ 622.50
TP11= @ 803.35
TP12= @ 984.00
TP13= @ 1568.35
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Buy the DASH dip!Dash - Short term We look to Buy at 64.31
We look to buy dips.
64.00 continues to hold back the bears. Dips continue to attract buyers.
Daily pivot is at 64.00.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 66.98 and 68.42
Resistance: 67.50 / 68.50 / 70.00
Support: 66.50 / 65.35 / 64.00