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DASHUSDT trade ideas

🔥 DASH 10-Month Falling Wedge: Bullish Reversal?For over 10 months now, DASH has been trading bearish. During this time, a falling wedge pattern has emerged on the chart. Falling wedges are classically bullish reversal pattern, so that's the narrative that we're focusing on today. If BTC manages to keep the bullish trend going, I'm expecting DASH to break out bullish in the coming few days. Near-term targets placed at $200 and $250. On the other hand, further continuation of the chart pattern is still probable. In that case we might see a bullish break out in late April or May. Be patient and keep a close eye on the coming days,=. Happy trading!
by FieryTrading
3
Dash Coin Analysis 09/03/2021this is an update of our initial analysis which we got the TP Achieved and now updating it with more descriptions Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project's white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions. Dash, whose name comes from "digital cash," was launched in January 2014 as a fork of Litecoin (LTC). Since going live, Dash has grown to include features such as a two-tier network with incentivized nodes, including "masternodes," and decentralized project governance; InstantSend, which allows for instantly settled payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which offers additional optional privacy for transactions. According to its website, the goal of Dash is "to be the most user-friendly and scalable payments-focused cryptocurrency in the world." To accomplish this, the project relies on a network of masternodes, which are servers backed by collateral held in Dash that are designed to provide advanced services securely and governance over Dash's proposal system. In exchange for part of the block rewards, masternodes provide a second layer of services to the network. They facilitate functions such as InstantSend, PrivateSend and ChainLocks. Dash is marketed to both individual users and institutions, including merchants, financial services, traders and those who need to send international remittances. In October 2020, Dash Core Group reported that its strategic objectives moving forward include building its ecosystem and brand, ensuring that users are satisfied and further advancing the technology behind the network. Dash's governance system, or treasury, distributes 10% of the block rewards for the development of the project in a competitive and decentralized way. This has allowed the creation of many funded organizations, including Dash Core Group. In addition, the Dash Foundation, which advocates for the adoption of the cryptocurrency, receives donations and offers paid individual and institutional memberships. Technical Analysis: as we can see this coin has past from the its Accumulation Zone and started its rally, there exist a Hidden Bullish Divergence with MACD Histogram which is the sign of trend Continuation earlier we had Projected Our Past Target using Fibonacci Projection Tool where the Price has Touched the 61.8% (Extension Level) and retraced back down to 100% or parallel legs, so we can be sure about the 161.8% of the same Fibonacci projection which is our 1 TP, 2TP is 261.8% of the same Projection and we can be optimistic about it when the price retraces from our 1TP and start its Major Impulsive wave.
Long
by BitonGroup
17
💡Don't miss the great buy opportunity in DASHUSDT @Dashpay Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (100.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DASHUSDT 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 69 Take Profits: TP1= @ 110.3 TP2= @ 118.1 TP3= @ 125.6 TP4= @ 133.5 TP5= @ 146.3 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 ❤️
Long
by ForecastCity_World
14
💡Don't miss the great buy opportunity in DASHUSDT @Dashpay Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (100.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DASHUSDT 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 69 Take Profits: TP1= @ 110.3 TP2= @ 118.1 TP3= @ 125.6 TP4= @ 133.5 TP5= @ 146.3 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 ❤️
Long
by ForecastCity
4
DASH is ready to Sky rocketHello traders! It's been a long time we have not bought anything on the spot I predicted the crash from the peak and told you that we are not going to buy on the spot(/pairs to hold) anymore because we will start buying when the right time comes. We left the peak and now we are Entering here at the bottom. Leaving a peak and entering a bottom is itself a huge victory. Dash has formed a strong pullback pattern and this pair has the capability to touch 330 prices. We will hit this target within 50-80 days. In trading predicting time is impossible so our focus is to make correct decisions and soon we will be at our target like an illusion. The target at 337 will give 240% gain on investment. Don't forget to hit the like button and follow to stay connected
Long
by Aadil1000x
4