DASHUSDT trade ideas
Dash coin has formed a bullish BAT for upto 51.5% bullish moveHey dear friends, hope you are well, and welcome to the new update on Dash coin.
On the monthly time frame chart, the price action has formed a big Cypher pattern .
At the same time on the daily time frame chart, the price action of the Dash coin has formed a bullish BAT and just entered the buying zone.
Dash coin has formed a huge Cypher for upto 215% bullish moveHI dear friends, hope you are well and welcome to the new update on Dash coin.
Previously we had a nice trade of the DASH coin when it formed a bullish BAT.
Now on the long-term monthly time frame chart, the price action of Dash has formed a big bullish Cypher pattern. There is also 25 simple moving average support below the buying zone.
Buy and sell targets:
Buy between: $196.25 to $123.72
Sell between: $253.34 to $390.43
Stop loss:
The maximum extent of potential reversal zone $123.72 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 215%, and the high loss possibility is 37%, however at this time the risk is low as the price action is already close to the end of the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Dash is in it's support areaThe price is now in the support zone.✔️
In 4h timeframe, stochastic is in buying area.
S.L=148$❗
Resistance zone is around 178-181$🔱
🔥 DASH Bullish Triangle ContinuationOver the last couple of days, DASH has been forming a bullish triangle. Helped by the overall bullishness of BTC, alts (especially bigger ones) are seeing some nice returns. After yesterday's mini correction, DASH has yet again bounced from the triangle support, confirming the pattern further.
BTC is a little bit on edge at the moment, so I'm not expecting a full fledged break out just yet. For the moment I'm expecting DASH to follow the triangle, breaking out of it at a later point in time.
When trading alts, always keep an eye on BTC.
Happy trading!
DASH/USDTEMA 200 acting as strong support here , not bad to risk some $$ here .
Nice R:R , again everything depends on BTC here . SL 3d Close below $148
DASH/USDTLONG #DASHUSDT from 191.2 $
Hourly timeframe, excellent level compression, after which several densities are collected during corrosion, you can go.
If you liked my idea, follow me for more 🚀
DASH POTENTIAL PATTERN REPETITIONLook closely at the period from 21 FEB 2021 to 10 MAR 2021.
Dash may move and evolve in a similar pattern, in movement and time. Several elements of the past pattern have been repeating in the last few hours and it is now confirmed. It is likely that the Dash, which is often repetitive in these movements, will be so again.
This is an idea and not investment advice, do your own research.
Trade safe.
DASH - The Great Supply Shock! Pretty Self explanatory analysis.
ATH Retest soon for DASH which would be led by a massive supply shock as DASH keeps on getting accumulated and Locked up on Staking Platforms!
Wait and watch
The R/R is pretty favorable but if it were me, I'd be happy to have a naked long exposure.
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This is (OBVIOUSLY) not a financial advice!
DASHUSDT broke out from triangle$DASH broke out from triangle and confirmed support as resistance, in my point of view it will reach $300 in short term
SIMPLE CHART AND DASH!Greetings all,
Breaking out from symmetrical triangle and assuming that we have one resistance only at 241 USD,
I expect DASH to rally from here to 298 USD.
GL
