DASHUSDT trade ideas
🔥 DASH Falling Wedge ContinuedA while ago I made an analysis on DASH and the falling wedge it has been trading in. In my previous idea, I was looking at the yellow area for a potential break out through the pattern's resistance.
With the most recent fall, there's a decent chance for DASH to fall back all the way to the bottom support of the pattern.
Next time I'll be scouting entries is either when DASH has reached the bottom support or when we've got a confirmed break out.
DASH bullflagThere is a bullflag on dash on the daily. I opened a trade at 126 because it is the bottom of the channel (channel of resistance and support in red lines) of the bullflag. It could break out with this next daily close. wether you want to open a dash trade now or wait for potentially dash to go 126 again depends on you. Just make sure your stoploss is 120 or below! DYOR NFA.
I don't have recommended leverage or entry for this trade. Only thing I can give you is that 126 is support and 134 is resistance. best price of purchase would be 126 but that is if it even hits there again. U decide wether u think it will or not and open ur position. ALL I KNOW IS STOPLOSS 120 OR BELOW AND TP 175!
DASH - It Is Going To Rally Just Like Zilliqa It is nothing better to see than a bigger market cap coin going parabolic and therefore becoming a leader amongst altcoins. Zilliqa chart is looking extremely similar than a lots of alts, one of them is DASH.
I've copied / pasted and properly adjusted ZIL chart to the DASH so that all the dips are in the same timeframe. You can now see how similar charts are. Dash is clearly a grinding bit slower given that it is an older coin (2014), but when it pops it goes similar to what ZIL did and will likely continue to do so as an alt season progresses.
If DASH would do the same as ZIL it would be sitting at just above $430 right now, preparing to go above $1k. That is still to come and so we have to be patient. Patience is crucial for a success here.
I am not a financial advisor so non of this should be taken as a financial advise. Wish you all successful investment.
BINANCE:DASHUSDT
DASH - Entry timing and targetsBYBIT:DASHUSDT
1H trend chart
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DASH is forming a potential cup and handle on 1H.
If price can breakout the downtrend line, trading strategy as below.
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Profit Targets:
a) 138.5----Fib(1)
b) 142.9~144.7----Fib(1.272~1.382)
c) 148.65----Fib(1.618)
d) 155----Fib(2)
Stop losses:
a) 125.9-----Red horizontal ray
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DASH/USDT Trend. Channel. Triangle 344% Pivot AreaThe line chart is specially designed to show the trend. The timeframe on the line chart is 1 day. The price is squeezed into the corner of a huge symmetrical triangle with a base of 344% and is under its resistance (secondary trend resistance). Zones of levels to work on the chart.
Coin in coinmarketcap: Dash
Everything goes according to the plan I showed a year ago. Large cup - rise in price to its resistance 85 - 380. A pullback from its resistance, which formed this symmetrical triangle. Then it is very likely to break through its resistance and to start working off its targets. But no one rules out the process of dumping the passengers (squeezes), before the breakdown or with a false breakdown, so diversify your money to work.
DASH/USD Main trend. Price reversal zone.
Anonymous or conditionally anonymous (like DASH) would be a "trap" for shadow money. Anonymous cryptocurrencies can make good money... The main thing is not to get caught yourself before the trap slams shut.......
Remember, nothing is anonymous. Everything anonymous is designed to find out what you are hiding from the government. There is a plan, and it is implemented in stages. Remember the phrase from the famous book, "No one can sell or buy anything without being tagged." The process is well underway. There are now 2, there are plans for 6 to make the technology work effectively.
💡Don't miss the great buy opportunity in DASHUSD @DashpayTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (128.6).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 134.3
TP2= @ 137.9
TP3= @ 143.7
TP4= @ 147.5
TP5= @ 155.4
SL= Break below S2
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💡Don't miss the great buy opportunity in DASHUSD @DashpayTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (128.6).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 134.3
TP2= @ 137.9
TP3= @ 143.7
TP4= @ 147.5
TP5= @ 155.4
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️