Dashusd
DASHUSDT - Buying opportunityBYBIT:DASHUSDT
1H trend chart
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DASH has built a double bottom pattern.
And it is trying to break through the neckline 209.2
If price can break it out w/o wicks top, trading strategy as below.
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Profit Targets:
a) 219.9~224.2----Fib(1.272~1.382)
b) 233.45----Fib(1.618)
c) 248.45----Fib(2)
Stop losses:
a) 191.75-----Red horizontal ray
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DASHUSDT , Its ready to reach targetHello everybody
Its one the amazing privacy coin but its tired the holders and its do nothing but we think the compression of the price and the ... it happend and now its ready to go up and go to the moon step buy step
According to the chart you can see , the price in some months ago break the downward trend and now we are in upward trend , according to the chart , we were in correction of micro wave and now we supported the price from the support zone and the key level point and the first target is the end of the breakwave and ...
Guys entrance in position in lower time frame and check the chart in multi time , in 1h or 4h or 15 mins time frame then with nice R/r entrance in position and ENJOY YOUR PROFIT .
Good Luck
Abtin
DASHUSDT - is going higher now?BINANCE:DASHUSDT
1H trend chart
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DASH left a long upper shadow line today.
Now, it already broke the downtrend line, but there is definitely some resistance around the shadow line.
We can try to take entry here or wait for price to stand above 232.6 w/o wicks top, and trading strategy as below.
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Profit Targets:
a) 247.8----Fib(1)
b) 264.8~271.7----Fib(1.272~1.382)
c) 286.5----Fib(1.618)
Stop losses:
a) 218-----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!
Dash DASHUSDT - Huge Ascending channel!- Dash DASH - Rank #71 on coinmarketcap
- On the weekly chart we can spot a huge ascending channel
- The price respects a support trendline
- Profit target is 1:1 extension or top of the channel
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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DASH| Possible scenariosSince 2018, dash has formed a parabola, which is now looking confidently up.I took a fractal from the last bull market, but the hike to the goals can be anything.
A rally to 6-7k for a coin is most likely, as indicated by fibonacci, beam bands (taking into account the fact that when approaching the current peak by bb (2500), it will grow as in the last cycle, and eventually it will grow a couple of times).
The moneyflow is in the green zone for 12 hours, it has just moved to the green zone at daily tf. Dash didn't even start a bull market at weekly time frame.
Given that the bull markets of cryptocurrencies depend on bitcoin, and the length of the bitcoin cycle grows quite solidly each cycle (for example, 40+ percent increase in the length of the cycle, as it was in 2017, compared with 2013), we can say that these scenarios for closing dash targets in the first half of 2022 are quite possible. If the cycle lengthens by 40 percent again, it should end just in time for summer.
The second scenario was developed taking into account the channel in which dash is located from the very beginning. But I see it as too bullish and would not hope for such prices. Capitalization will be too large (more than 300 billion) But at the peak of the bull market, this is also possible. In any case, closer to 6-7k, we need to look at the general market situation to understand whether we will rise even higher.
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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 $1000 next (3.0 Fibonacci extension).
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Dash looks interestingI suppose dash price will accelerate after it surpasses 214$ because it acctualy broke an important trend line and came to test it and now confusing between this downward trendline and the high which dash ploted after breaking the trend line. these simple thecniques are proven to me as you may know my last call on dash was pretty profitable in the past YTD.
I think dash will move after bitcoin already made it's move to upside. So for imediate short-term I'm not Bullish on Dash but for next couple of months yes I'm Bullish.