DASHUSDT Last attempt to finally break the 1D MA200!*** ***
For this particular analysis on Dash we are using the DASHUSDT symbol on the OKX exchange .
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The idea is on the 1D time-frame where DASH is approaching the 1D MA200 (orange trend-line) for the 2nd time since the November 08 rejection (FTX). This is the first time since the price broke below the 1D MA200 (December 01 2021) and never touched it again, that it will approach it twice on such a short time window.
This is the ultimate Resistance test for the coin as, as mentioned, it has been unbroken since Dec 01 2021. Ideally, we would like to see a break above the November 10 2021 Lower Highs trend-line, before calling for a long-term bullish reversal on DASH , in which case we can start targeting the Fibonacci levels since its 2021 All Time High, one by one, with the 0.236 Fib (at 58.7) being the first, which was the Resistance on the August 09 2022 High.
Notice also the RSI on the 1W time-frame, which is also making a key test on its August 2021 Lower Highs trend-line. A break there, can possibly be an early bullish reversal indicator.
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Dashsignals
DASHUSD entering the final phase to $1000DASH has stayed in relatively low levels lately, being however within the buy zone of its 2020 Fibonacci Channel. On the 1D time-frame, the price is close to forming a Golden Cross (when the 1D MA50 (blue) crosses above the 1D MA200 (orange)). Last time we saw this formation was in November 29 2020. That was then the crypto broke above its the High and formed a Higher High, essenstially entering the final phase of its growth within the Channel that gave way to the Parabolic Rally of February.
As the RSI sequences are also identical, I am expecting a rise to at least $1000 next (3.0 Fibonacci extension).
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DASHUSDT Technical Analysis⏳ Spot
💎 DASHUSDT has been moving up in the ascending channel, after the breakout, it has also formed a symmetrical triangle, After the breakout I expect that it continues the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 200.0 - 206.0
☕️ TP1 212.0
🍺 TP2 220.0
🍻 TP3 270.0
🍾 TP4 350.0
🍷 TP5 430.0
🍸 TP6 520.0
🍹 TP7
🎁 TP8
🚫 SL at your Risk
Good Luck 🎲
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DASH/USD long to $1000BUY DASH/USD
ENTRY 1 $97.90
ENTRY 2 $110.24
SL 90.30
TP.1 122
TP.2 140.20
TP.3 160
TP.4 180
TP.5 200
IF we break $200
TP.6 $364
TP.7 $484
TP.8 $600
Tp.9 $800
Tp.10 $1000
DASHUSD This is only the beginning. $1600 by the end of the yearSee how similar the current bullish break out is on DASH with the one at the start of 2016. Break above the Lower High trend line (dashed line) and the 1W MA50 (blue line). The RSI on the same level and the LMACD on a bullish cross-over below 0.
In the previous cycle, the ATH (then) was reached in August 2016, the current cycle is more stretched (longer) so I am expecting the ATH (roughly $1600) to be reached by the end of 2020.
What seemed like a bad move in October, doesn't seem such a bad investment now. Even though the price broke lower than my expectation:
DASH/USD LONG TO THE MOONDash/usd buy
Crypto
Entry 1 42.90
Entry 2 39.00
Entry 3 36.00
Sl 26
Tp.1 56.00
Tp.2 68.00
Tp.3 78.90
Tp.4 89
Tp.5 96
Tp.6 120
tp.7 140
tp.8 168
DASH/USD LONG DASH?USD BUY
ENTRY 1 55.00
ENTRY 2 48.00
SL 26
TP.1 74
TP.2 82
TP.3 96
TP.5 126
TP.6 260
FINAL GOAL 1250
DASH/USD LONG BULL PUSHBuy Dash/USD buy entries
ENTRY 1 67.80
ENTRY 2 65.80
ENTRY 3 62.80
Sl 57.00
TP.1 74.20
TP.2 81.00
TP.3 89.00
TP.4 95.00
I WOULDNT PUT A TP on a position and do trailing stop loss because if price breaks $98 We FLYING TOO
$120
$146
$186 then $220
Final targets $450
ALL TIME HIGH IS $1500
DASHUSD One last drop before the new Bull.Nothing fancy here. We see that DASH has been declining on a Channel Down since the June peak. Clear Lower Highs and Lower Lows directed by the 1D MA50.
Noticeably the Lower Lows are symmetrical with the Higher Lows of the January - June uptrend. And quite surprisingly the Higher Lows have been on an RSI bearish divergence while the current Lower Lows on a bullish. This makes me believe that there is one last dip pending before DASH breaks towards a new High for good.
DASHUSD Buy SignalPattern: 1W Channel Up.
Signal: Bullish as every pull back is supported on both inner and outer Higher Lows.
Target: 198.000 (structured Higher High growth rate).
DASHUSD No long term buy signal yetPattern: Channel Down on 1W.
Signal: Bullish if 105.000 breaks. The last two previous attempts to break those waves failed which resulted into Lower Lows.
Target: 200.000.
