DASH LONGShort term target $700 USD to catch up to other blue chip dinosaur coins. Higher targets plausible ($1500+) after redistribution and consolidation. Considering this is the zhuper cycle, this would not be remotely unprecedented for Dash.
DASHPERP trade ideas
DASHUSDWeekly arc shows that by May 2022 DASH will reach previous ATH $1600 with some bumps along the road. Good luck
DASH AnalysisGoodmorning Traders,
A colleague asked me to look at Dash-USD
I thought it might be nice to explain how I sometimes confirm a trade for either opening or closing.
I know the chart looks busy, but in chronological order, Ill explain my steps. Marked by the symbols +/- or neutral
- First look at the levels on Daily for support and resistance, potential stop area, and targets / neutral score
- Look for candle formations and shapes > Double Top potentially forming -
- MACD and DMI still have bullish indications +
- RSI is not at an extremely nice level for strength, hence the rejection so far of the previous high. So be wary of the strength in the market for a hard push -
- The last step was to have a larger timeline Fibonacci overlay, which confirms our levels both in support and resistance zones and for future potential targets
Conclusion: wait for more clarity before opening a position, if you already in DASH monitor your position closely.
Sometimes logic (double top) doesn't mean anything in crypto. Most often it does do> risk/reward ratio. Which is not positive atm.
Wait and be patient, don't chase money. Let the trade come to your conditions, where to a certain degree you can control risk.
Best of luck
Possible Long Set-up for DashDash has broken out of a right angle triangle on the 4 hour and is now testing recent ATH. Break above would be very bullish. Failure to break ATH could send dash back down to test resistance. NOT FINANCIAL ADVICE.
DASH potential entries for a long-term levg longAreas of interest to take on a long-term leveraged long on dash using light leveraged (3-5x)
TRADE VIEW ON DASHLooking at #DASH on 4hrs TF... My zone of interest is $360-$380. Price is compressing towards this zone, so i expect price to shout up into the zone(MPL) and drop to $275-#280. That is the price level where i will be on the lookout for a buy. #dashcoin
Dash Rising WedgeDash is forming a rising wedge and is preparing for a major take off. This cryptocurrency has been gaining traction and has several highly lucrative projects in progress. I plan to take profits at the top boundary of the wedge as there may be another retrace to the bottom boundary but after that I'm buying in for a long haul.
Patience is KeyStay with the market either way its bullish.
After breaking Resistance, We can see an upcoming Target of 127-138 of fibonacci retracement
Dash Peak in end of SeptemberThere is a cup being formed that has served as both resistence (2018) and support (2021). If this is correct Price target is close to 1500$ and will be reached around end of September.
DASH Buying and Selling OpportunitiesHey everyone!
I'm super stoked to share with you this chart. I have shown this trend channel in my other numerous trading view ideas because of how important it is, but I am going to be giving more perspective to it.
If possible, be sure to look back in time on the price chart in accordance to the TSI support and resistance levels, just so you can see how strong these levels are.
Now for the meat:
This is a 12 hour DASH Chart. On April 30th, we reached the trend channel around $330. Looking at our TSI (which is an even better Stochastic RSI), we are hitting resistance to two different green trend lines.
The important thing I want to illustrate in this chart, is that, if you look at any price peak where we hit an important trend channel, we also subsequently were at a resistance level on the TSI. This has been the same for buying opportunities. Whenever we hit the bottom of a price trend channel, we were also bottomed out on a key support level on the TSI.
Because of where we are in relation to the TSI acting as resistance, and having hit resistance on our price channel, I am personally expecting that a good buy opportunity will come about in the $280-$295 Zone, depending on time.
Another thing to note, is how there is bearish divergence:
- On April 6th, price had a close of $275, with the TSI at 27.7701
- On May 1st, price had a close of $322, with the TSI currently at 9.2065.
This is because, price made a higher high, but our indicator (TSI) made a lower high.
To me, this gives more reassurance to be patient and try to line up a good buy in this $280-$295 range. I think this would be healthy as well, because we really struggled to break above the $280-$295 area, even after the break above of our symmetrical triangle- and confirming this level as support would give DASH that much more strength to push higher.
However, we always have to remain level headed. On April 11th, there was also bearish divergence, while price had simultaneously hit a trend channel resistance, and was a little bit above the TSI Resistance. It did make a small retracement, but it was not able to reach the lower trend line. We could very well face the same dilemma where we currently stand.
If you are bullish, you would want to see the TSI make a move upwards above our current resistance line, as well as price being able to get above its trend channel resistance.
I hope you guys enjoyed this idea, if so, be sure to give it a LIKE and SUBSCRIBE. I hope you all have an Awesome rest of your day, and as always, be sure to do your own due diligence.
Dash 5.1.21 30k targetThis might be one of the most under rated plays of 21. I even forget about this damn thing so much and its been in an accumulation pattern for many years. 1500 first. THen 30k?
2 scenarios that I like the look of for $DASH.I think the orange horizontal ray at around the $310 level is going to be the decider as to where we go with dash over the next few days. A close below could indicate we drop back towards the ascending trend line and grey box indicated below.
Or secondly we close above the $310 level and keep riding, then use this level as support for the next move up.
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I’m a 23 year old trader with 5 years experience in trading cryptocurrency & forex. My ideas are for educational purposes only. Each & every idea/trade I post is a setup based on a position I myself will take - so I’m always in it with my followers.
I post daily updates on how I believe the market will move. If you like my content please like, comment & follow. I love to hear what you guys think, whether your outlook is the same or different to mine its always great to converse in the comments. Let’s surround ourselves with likeminded traders & investors!
Have a great day, be patient & profitable!
DASHUSD Moving Below MADash/ Usd -H1, Down
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Khiwe
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
DASH broke ABOVE its Falling WedgeHello everyone!
I'm super excited to share with you this chart. After DASH broke out of its previous Symmetrical Triangle (in purple) to the upside, we said that there would be a TP around $292, and since then, DASH has really been consolidating around this level.
Because of this consolidation, DASH has formed a falling wedge depicted in white, making a series of lower highs and lower lows.
Falling Wedges are typically Bullish Patterns, and on the 1 hour chart, we were able to achieve a candle stick close above the wedge, with our current candle stick looking to confirm it as support. DASH entered into this wedge at around $280, with a max price ceiling of $299, making for a rough estimate of a $19 price Height.
DASH was able to break towards the upside of the wedge at around $285, and with a $19 wedge height, we have a price target of around $304.
Another awesome thing to look at in this chart, is how the bottom support line of the symmetrical triangle actually served as this falling wedge's key support line, on its last move before heading to the upside.
Here is another chart I'd like to share:
Assuming that the break above the wedge is not a false break out, this wedge should be capable of moving price towards the $304 area. This would greatly help in creating a higher support range, that could then push DASH towards this next trend channel, putting price around the $325-$335 area.
As always, we want to ensure we stay level headed and see both sides of the coin. If this were to be a false break above the wedge, and it were to break below the wedge and use it as resistance, we would then subtract $19 from the break below the wedge. However, falling wedges are bullish patterns, and as some people saw in one of my earlier posts on the Symmetrical Triangle, DASH momentarily broke below the triangle after the break above- which ended up being a bear trap, forming a lower wick on higher time frames like the 4hr, 6hr, and above. This could very well happen with this Falling Wedge, but overall, I expect it to keep trucking towards the upside.
(Sidenote: BTC's Fall was the result of a RISING Wedge- the complete opposite of this FALLING Wedge in DASH. Just trying to articulate how powerful these patterns can be, especially on higher time frames)
I hope you all enjoyed this analysis! If so, be sure to give a LIKE and SUBSCRIBE. I hope you guys have a great rest of your day, and as always, be sure to do your own due diligence.
DASHUSD: It's time move!This time I have tried Fibs Pitchfan. If it is done correctly, then I expect 460 - 475 USD.
- Logarithmic potentials are illustrated. Though 3000 USD seems achievable during 2021, yet more realistic & lower targets can be considered first.
- It can be locally shorted but in daily and weekly looks like bullish.
- The market seems to be undecided at the moment - much more new money is required to fuel even more growth.
- Based on FCAS Dash receives a 844 out of 1000.
Let's see. Not a financial advice.
