DASH is about to flash the strong bullish signal!Hello, everyone!
If we suppose that the Bitcoin will bounce to 45k (may be from current, may be with double bottom forming) the DASH have the nice potential buying opportunity. We can see that it is in the Fibonacci golden pocket and is about to form the true bullish divergence with MACD. We should wait for the increasing column on the MACD hist to consider this long signal. Let’s wait!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Dashusd
DASH - Think Of It As a Revolutionary Buying Opportunity DASH has been a little scary over the last capitulation. It has broken below summer lows just like EOS did even earlier. I would not worry about that too much as we have to know that market cap is not that big, so price can be much more volatile. Just like with btc we can still form a double bottom, but i highly doubt we will go any more lower as we are already as low as we were before the alt season of 2021. B8ig buying opportunity imo as right now more 3000% gain is shining.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
KRAKEN:DASHUSD
DASH-Crash: Is it Over Yet?! May be Getting Close!Dash (DASHUSD) broke its 102.175 support, which invalidates the previous bullish ORANGE pattern. This is significant because it confirms that the larger 2nd-degree correction that started after the May 2021 has NOT yet completed.
Primary RED Pattern
The RED pattern can take DASH all the way down to 61 before seeing a bounce back up. This sees the entire rally from mid-2021 thru September 2021 as nothing more than a big fake-out B-wave rally. This is a bit unusual among cryptos because most others hit higher-highs in November in what looks like a more complete classic B-wave. While there is a chance we've had a truncation of the subwave-c within the larger B-wave, this may also be an indication that DASH gave us the earliest warning of the impending crash across the whole crypto space!
Alt GREEN Pattern
There is a chance that the correction may be over or close to over already, which is the GREEN alt pattern. We'd need to see a sharp 5-wave rally for that pattern to gain traction. If we really are done with the pullback, the target for subwave-(i) would fall between 175 and 325 based on the standard 0.382-0.618 first subwave extension we typically see after a larger completed impulse.
Check out my YouTube explainer video on DASH!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#dash #bitcoin #ethereum #blockchain #litecoin
DASH, MY TECHNICAL VIEW !!!This currency is expected to grow well due to its good divergence and also its good price range.
---------------------
Dash full chart view:
---------------------
Macd RD+ created:
---------------------
*This post is an analytical post and does not mention any signals or trading offers.
-Thanks-
DASHUSDT : Potential double bottom and TP..In 4h chart
There is a potential double bottom in the 4h.
If price break out and stand firm above the neckline ,trading strategy as below.
SL: 139.9
TP1: 170.7
TP2: 176.0
TP3: 181.6
TP4: 187.2
TP5: 205.4
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
DASH - TP/SL for getting rid of this trend lineBYBIT:DASHUSDT
1H trend chart
-
DASH is squeezing under the downtrend line.
If price can break out the trend line, we can have a trading strategy with 2.92 R/R ratio.
-
Profit Targets:
a) 162.95~167.6----Fib(1.272~1.382)
b) 177.6----Fib(1.618)
c) 193.8----Fib(2)
Stop losses:
a) 146.5-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!