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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Dash
💡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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💡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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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
DASH USDT | daily chart | 36% Long > when?In the daily chart of DASH, we have some confirmations which will be supported after hitting the support line.
Gain : 36%
entry : 61.80
TP : 84.17
BINANCE:DASHUSDT
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Dash headed to $85 from an Ascending triangle.Dash - Short term - We look to Buy a break of 77.62
Price action has formed a bullish ascending triangle formation.
The bias is to break to the upside.
We look for gains to be extended today.
Trend line support is located at 75.50.
Short term MACD has turned positive.
Our profit targets will be 84.59 and 87.48
Resistance: 77.50 / 79.40 / 84.80
Support: 75.20 / 74.50 / 72.70
DASH/USD LONG SET UP (HODL) DASH JOINS DEFITitle : DASH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order Or Market First Entry
Time Frame : WEEKLY
Entry Price 1 : $74.00
Entry Price 2 : $64.00
Stop Loss : $60.00 (140 PIPs)
TP 1: $88.00 (140 PIPs)
TP 2: $98.00 (240 PIPS)
TP3: $114.00 (400 PIPS)
Tp.4 $126.00 (520 0PIPS)
DASH bullish after 15% spike on back of masternode news
OCTOBER 20, 2020 BY BENSON TOTI
Dash has traded between a low of $73 and a high of $77 on the day
Dash has seen its price surge by more than 18% in the past 24 hours. The price is posting to the upside on the back of increased positivity among Dash users eyeing up a slice of the DeFi pie via yield farming in addition to rewards from staking.
DASH/USD price soared from lows of $64 to hit a 30-day high of $77, with the upside spurred by increased buying volume after Dash announced it was partnering StakeHound to make DASH accessible to DeFi users.
Also positive for Dash today is the news that the number of Masternodes on the network has hit a new record high of 5,002. Masternodes on the network use their token holdings as collateral to participate in governance. Operators of these servers earn regular payments in the form of Dash.
Dash price
The cryptocurrency is trading with a bullish bias as shown by the MACD on the 4-hour chart below. A look at the chart also shows that the 20 VWMA is moving away from the 20 SMA, suggesting the price jump was accompanied by increased upside volume.
After breaking above the 20-day, 50-day and 100-day moving averages, bulls have the energy to test resistances around $80. The MACD has strengthened and the MAs are providing healthy support around $70.
On the daily chart, bulls face slight resistance at the SMA200 and SMA100 lines, which are just under the 24-hour highs. Notably, the price has not experienced the aggressive rejection that characterised the last time we saw upside action.
On September 3, the price of Dash crashed 20% to fall from highs of $84, to touch $65. Bears showed the same aggressiveness near $73, with the subsequent action seeing bulls struggle to break above $70.
The hourly and 4-hour charts feature positive candles, although the momentum is squeezed by a decrease in buy volume. Bulls need to flip this to avoid giving sellers the initiative.
In this case, DASH/USD needs to close with a daily candle above the 100-day and 200-day simple moving averages. If bulls achieve this on higher buy volumes, the cryptocurrency will remain bullish.
A reversal in the short term will see bears aim at taking prices to the next major support level around $69.
Dash AnalysisHello Traders,
Dash is above an very important support. The last times when we reached this level the price pumped dramaticaly. I would keep my attention to dash in case that this coin start another bull-run specially if it does a candlestick reversion or if it break out the red line.
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💡Don't miss the great buy opportunity in DASHUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (71.2). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DASHUSDT 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 56.
Take Profits:
TP1= @ 78.65
TP2= @ 82.30
TP3= @ 93.25
TP4= @ 104.75
TP5= @ 117.50
SL= Break below S2
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💡Don't miss the great buy opportunity in DASHUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (71.2). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DASHUSDT 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 56.
Take Profits:
TP1= @ 78.65
TP2= @ 82.30
TP3= @ 93.25
TP4= @ 104.75
TP5= @ 117.50
SL= Break below S2
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What is Dash? All about of this cryptocurrency!!!Dash is a digital currency that enables anymore, anywhere in the world to make quick, easy and cheap payments at any time without going through a central autorithy. You can to move Dash in a second or less than a cent. It's a digital money that's bettern than cash, becuase all transactionsi is near to 0 that more cheap than Bitcoin or LItecoin when you send Dash for other people, the transactions is so near to 0.
Use cases:
You can pay your friends and family
Pay airfare, utility bills and subscriptions
Groceries and Dinind out
Shop Online
Find Hotel's and lodging that accept Dash as payment method
Pay for business services
Dash was launched on 2014 with the same protocol of what Bitcoin use. Dash use the protocols proof of mining and proof of stake that guarantize that the networkd is mroe securely and mroe protected by users, stakers and miners.
My Personal Opinion:
This proyect is interesting. We could use Dash as money to pay our services, pay bills, pay friend or simply send money to people. It's interesting to know it. Well, the most that I like about of this cryptocurrency is the supply monetary limited, that mean that there wil be 18.9 million o Dash in circulation and that mean tthat supply monetary is so limited that make that Dash adoption grow up throughout of the time. I option to invest in this crypto for the bull rally 2021.
For more resources if you want to learn about Dash or simply read, please visit these links:
1. Dash's website: www.dash.org
2. Dash's Twitter: twitter.com
DASH Weekend Setup.Dash - Short term - We look to Buy at 64.4 (stop at 63.7)
We look to buy dips.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Previous support located at 64.0.
A lower correction is expected.
Dip buying offers good risk/reward.
Our profit targets will be 66.6 and 67.8
Confidence - 71%
Resistance: 67.0 / 68.0 / 69.0
Support: 66.2 / 65.4 / 64.0
Dash DASHUSDT - Descending triangle + Elliott WaveBitcoin dominance is currently forming Head and Shoulders reversal pattern, that is bad for altcoins. I see this descending triangle on DASH, which is an extremely bearish setup. Also, this coin is breaking down from a major horizontal support. I still miss one more impulse Elliott wave to the downside. Please see related idea below this technical analysis for more detailed information about incoming crash.
💡Don't miss the buy opportunity in DASHBTCMidterm forecast:
While the price is above the support 0.00530, beginning of uptrend is expected.
We make sure when the resistance at 0.00850 breaks.
If the support at 0.00530 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
While the RSI resistance #2 at 53 is not broken, the probability of price increase would be too low.
A trough is formed in daily chart at 0.00600 on 10/10/2020, so more gains to resistance(s) 0.00655, 0.00725, 0.00780 and maximum to Major Resistance (0.00850) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 44.
Take Profits:
TP1 @ 0.00655
TP2 @ 0.00725
TP3 @ 0.00780
TP4 @ 0.00850
TP5 @ 0.00980
TP6 @ 0.01045
TP7 @ 0.01170
TP8 @ 0.01360
TP9 @ 0.01610
TP10 @ 0.02090
TP11 @ 0.02575
TP12 @ 0.03840
TP13 @ 0.04865
TP14 @ 0.05890
TP15 Free
Total Profit: 45 pip
Closed trade(s): 0 pip Profit
Open trade(s): 45 pip Profit
Trade Setup:
We opened 15 BUY trade(s) @ 0.00624 based on 'Valley' entry method at 2020.10.12.
Open Profit:
Profit for one trade is 0.00627(current price) - 0.00624(open price) = 3 pip
15 trade(s) still open, therefore total profit for open trade(s) is 3 x 15 = 45 pip
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💡Don't miss the buy opportunity in DASHBTCMidterm forecast:
While the price is above the support 0.00530, beginning of uptrend is expected.
We make sure when the resistance at 0.00850 breaks.
If the support at 0.00530 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
While the RSI resistance #2 at 53 is not broken, the probability of price increase would be too low.
A trough is formed in daily chart at 0.00600 on 10/10/2020, so more gains to resistance(s) 0.00655, 0.00725, 0.00780 and maximum to Major Resistance (0.00850) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 44.
Take Profits:
TP1 @ 0.00655
TP2 @ 0.00725
TP3 @ 0.00780
TP4 @ 0.00850
TP5 @ 0.00980
TP6 @ 0.01045
TP7 @ 0.01170
TP8 @ 0.01360
TP9 @ 0.01610
TP10 @ 0.02090
TP11 @ 0.02575
TP12 @ 0.03840
TP13 @ 0.04865
TP14 @ 0.05890
TP15 Free
Total Profit: 45 pip
Closed trade(s): 0 pip Profit
Open trade(s): 45 pip Profit
Trade Setup:
We opened 15 BUY trade(s) @ 0.00624 based on 'Valley' entry method at 2020.10.12.
Open Profit:
Profit for one trade is 0.00627(current price) - 0.00624(open price) = 3 pip
15 trade(s) still open, therefore total profit for open trade(s) is 3 x 15 = 45 pip
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Trade well, ❤️
ForecastCity English Support Team ❤️