DASHUSD trade ideas
DASHUSD (Daily) - Bullish reversalHi Traders
DASHUSD (Daily Timeframe)
Waiting for the upward break of 27.44 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 24.31 would cancel the bullish scenario.
Trade details
Entry: 27.44
Stop loss: 24.31
Take profit 1: 29.36
Take profit 2: 32.47
Score: 5
Strategy: Bullish reversal
DASH long term investmentPrice dropped as low as $26 for 1 Dash coin. The idea is for longer term investment. If you have to invest $1000 you can buy approximately 38 Dash coins and leave investment for certain period of time. An example of ROI is on the chart. Of course, there is always a risk that the price drop below $0 in which case you will lose all of your investment.
DASHUSD Still bearish unless the Channel Down breaks.Dash (DASHUSD) is testing today the 1D MA50 (blue trend-line) for the 4th time in the last 30 days. All resulted into rejections, and each failure cements the bearish trend inside the 6 month Channel Down. As long as this holds, we are bearish, targeting 27.500 (just above the June low).
If the price breaks above the top (Lower Highs trend-line) of the Channel Down however, it will be the strongest buy signal of the year, and we will buy, aiming at the 0.5 Fibonacci and a potential contact with the 1D MA200 (orange trend-line) at 45.000.
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$55 Rally. $16 Backtest by April 2024.DASH seems to breakout of the trend, rallies, and backtest.
Looking at a potential rally to the 0.702FIB ($56) and a backtest to $16.
In 2015, the C leg Back tested the 2014 ATH.
Will 2023/2024 C Leg Backtest the 14 ATH at $16?
IMO, there is a crash before the BTC halvening,, and speculating another DIP/Backtest before the April 2024 Havlening.
Short: $55
Rebuy: $16
Macro Zig Zag Correction#1. Altcoin (TOTAL2) bottom is in based on macro elliot wave theory.
#2. Macro Zig Zag Correction.
DASH typically V Bottoms, and lets see if it rockets out from the pits.
- Sub $27 unlikely.
- $33 is a steal.
#3. DASH has flexed ABOVE 2.618FIB and retest the 1.618FIB, lets see if it happens again.
#4. $832,000 DASH sounds absurd, but at least it wasnt $1M!
......
โด๏ธ DASH Full Recovery Taking PlaceDash is starting to recover and we can see this based on more than 2 weeks of continued bullish action... Before we go into the signals, let's consider how the market behaves as a whole.
First, the bigger Altcoins by market capitalization move, nay!
First Bitcoin grows and then the bigger Altcoins, we know this to be truth.
After the bigger Altcoins move then come the medium sized and then the smaller ones.
There are always some new ones, hyped ones, good ones that move at any time and are an exceptions to this rule, but generally this is what we see.
This is what is happening now as usual.
The bigger Altcoins are moving while the smaller ones are lagging behind. When the bigger Altcoins enter correction mode, money flows from these to the smaller ones.
โ๏ธDASHUSD is trading above EMA10 and EMA10.
โ๏ธThe RSI is already above 50 (bullish zone).
โ๏ธThe volume is rising and mostly green (this signal can be better appreciated in some other exchanges as well).
Today's candle is quite telling, while Bitcoin consolidates Dash and other Altcoins are moving up, this is a strong bullish signal.
If Bitcoin was set to drop strong, everything would crash the minute Bitcoin peaks.
When Bitcoin is set to continue growing, as soon as it takes a break everything moves ahead.
Confirmation on top of confirmation for the bulls and this is nothing special and no surprise. Last year we had a bear market.
This year we start a recovery and next year we move to a bull market... It moves in cycles... Up and down, up and down...
Namaste.
Still in an uptrend ppl This info is based on the daily TF. The low was made on the same side and The high if you split up the day in half. So 12 Is the split or divide based on a 24 day.
When they low was made the candle was red at the time, also take in consideration the candle was red the day before this info is based off of candle 6/24.
So based on these details and analysis I predict this market, dashusd will push up.
#TradeGod #follow # Like
Here is my idea because I know nobody else cares about dashI predict dash usd will push up higher. It is in an uptrend as you can see based off my chart.
There is other background info that I don't wish to expose as my reason for buying but as you see my chart should be sufficient amount of info for taking that buy with me
#TradeGod
DASHUSD (1H) - Bullish wave LTFHi Traders
DASHUSD (1H Timeframe)
A high probability, entry signal to go LONG will be given with the upward break of 33.70 after the market found support at 32.35. Only the downward break of 32.35 would cancel the bullish scenario.
Trade details
Entry: 33.70
Stop loss: 32.35
Take profit 1: 35.92
Take profit 2: 38.12
Score: 8
Strategy: Bullish wave LTF
Is Dash the old gem with a new trend?Dash is an old cryptocurrency that belongs to the gem generation and recently provided a hardfork on June 17. The coin's fall in value is worth nothing, which dropped from $74.4 to $25, representing a significant 66% decrease. Typically, high drops within this range often act as a pause before the next wave of potential coin gains.
I have identified certain areas in the price trend that could indicate potential liquidity points. These areas are important to keep an eye on as they may influence future price movement. It would be beneficial to closely monitor the chart and make use of a bot to make fast deals.
More than that, look at the top wallets of DASH, they are still accumulating coins.
In my view, I advise you to always keep in mind the three essential factors:
Implement a stop-loss strategy for your trades to manage risk effectively.
Pay attention to the chart structure, taking note of both Higher highs and lower lows. Always keep in mind trends.
Stay informed about the news, particularly regarding Bitcoin's behavior, as it can significantly impact the overall market.
Please show your support and subscribe to my channel. I have interesting content this Friday, where I will write about the top AI coins to trade with bots.
DASHUSD - Going to live with the SpongeBob at the bottomLooking at the indicators this might be the trade of the year. It is much safer than shorting conservatively ETH or BTC right now, because DASH resistance levels are already falling down in dynamic while BTC's are flat at 29,5k level.
While DXY having a brief moment of weakness Composite Man has time to pump crypto so moon boys will believe they will make quick lambo money. But very soon they will be disappointed to see BTC at 20k level. Actually this is not even a pump, from what I see I can tell that CM just didn't finish to sell his BTC position he took at 16k level. So a quick distribution in a larger scale accumulation is in play.
My bet is that we will see $38 and $34 levels pretty soon.