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DASHUSDT

DASH on the way to $479 as it breaks my parabolic indicatorsSo as per previous analysis, DASH played out how I explained. DASH retested the long term trendline and then on the daily chart the RSI crossed over the red horizontal line causing DASH to become parabolic. Here is what I mentioned in last analysis 'On the daily chart of LMACD shown below I know when it breaks above the red horizontal line, Dash goes parabolic in price. Dash needs to break this line on the daily chart to confirm the upward move.' If you monitored my charts you would of picked this up and made the move to buy in after the RSI crossed this red line. What I can see on this weekly log chart is on the RSI you can see the lime green trendline for the previous bull run on DASH and also for the current one. DASH needs to stay above this line to keep bullish momentum. On the LMACD you can see on the weekly chart that once DASH goes above the yellow horizontal line it goes on it's bull run as shown where the red down arrow is on the previous bull run in 2017. DASH has just bounced off the EMA 233 which is the dark blue line on the chart. DASH is above the Ichimoku Cloud. On this daily chart below we need to be wary of when the LMACD hits the yellow line on the daily chart as we could see a retrace before the next pump upwards to our target @ $479 where the 4.236 Fibonacci retracement indicator is shown on the chart. Happy trading legends! HTBB Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member.
Long
by Pro_Trader_HTBB
Dash setting up for more upside Dash has made a solid setup with a potential 13% upside swing trade. A good risk conscious trade might be to buy on a break over 305 with a stop under 288... targeting the 346 area. The downside is nominally significant at 5.4%, however, which should play into sizing (consider being smaller in this trade than a usual setup.) Yet, given the upside of potentially more than 13% a 2.6 R:R justifies taking the trade if you use that variable in your triggers.
COINBASE:DASHUSDLong
by HumbleFutures
$DASH updateI am still bullish about $DASH, even though BTC correction (or to be precise whales shaking weak hands off the bus) we are still continuing our uptrend. Let's start with the first analysis. We shot through the ascending triangle and gained 35%. Then dropped below the 306$ support zone. Know we are dancing around that zone forming another ascending triangle. However, due to 1H overbought Stoch RSI there is a high probability for us to drop to the lower side if the triangle or even below it for some time. Risky but profitable entry zone. Otherwise, you can have an entry on the breakout, which is a safer solution. Don't forget that pretty often after breakouts come retest and then we go flying, so don't be scared about a little pullback to the support zone. Good entry points: 1) 260-265$; or 2) after fixating above 306$ support zone Goals: 326 - 350 - 380 - 411 - 519 (just and ambitious long-term target calculated from 25 days long ascending tringle) SL: 255
Long
by DeFi-tacular
2