DASHUSDT trade ideas
DASH USDT max down and old chart idea and description#DASH #DASHUSDT #binance
main support for dashusdt : 268 - 263 that i think still can works as a pool dive and push price up.
From the old chart that I will add to the comments, you can see that we are very close to the support area and the probability of breaking this support is less than 1%!
dash btc resistance is 0.0088 it hardest resistance for dashbtc that still cant touch it.
resistance or now : it is about 414 -438 depent the btc price .
when dash btc stable breaks 0.0088 then you can wait for higher targets like 830 - 860 ...
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DASHUSDTthis alt is currently n bearish bias which makes us to put our entry point far below the current price, after touching our entry point and make us enter position the chart is fully regained from its bulls and ready to be pumped and head for our targets
the chart at the moment is losing bearish situation as we can see the slippage values in the lower times frames is reduced respectively
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Potential price action DASH.If DASH breaks to the upside of the Bull Flag, we may expect the price to reach the target of 630.
Remember: when trading the breakout, wait for a breakout confirmation.
Green= Support
Red= Resistance
Disclaimer: this is not trading advice, trade at your own risk.
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DASHthis one can still raise 800%, before touching +200% from the previous ATH (in 2017).
this prediction is based on the fact that BTC and, today, even ETH have done so, reaching a +200% from their previous top during the 2017 cryptos bull run.
ill link below all the ideas related to this bull run expected top (or at least, the safe top)
trade safe, and don't risk what you can't afford to lose.
DASHUSD: Time to get off for a while?One by one the alts have either completed their first weekly super waves or the 3rd in my opinion just like what NEM did.
Back to Dash in Weekly time frame wave counting would be like this:
1. 1st Weekly Elliot: 09 Mar 20 - 03 AUG 20 from some 30 - 107 USD. (300%)
2. 2nd Weekly Elliot: 03 AUG 20 - 02 NOV 20 from 107 to 63 (-40%)
3. 3rd Weekly Elliot: 02 NOV 20 - 03 MAY 21 from 63 to 480 USD (760%) - this was the most profitable impulse which is quite natural since it is a prove of the 3rd Elliot which is usually the most profitable and fastest impulse.
4. 4th Weekly Elliot : the chart is logarithmic and I expect correction somewhere in between 0.236 to 0.382 Fib. correction.
5. 5th Weekly Elliot: the longer the 3rd wave the shorter the 5th wave and vice versa. Right? Then, I expect Dash to project toward 936 USD or more.
What comes next?
Based on a previous analysis on BTC's growth potential I do not expect it to be able to grow in between 130 - 160K and not more during this year.
On the other hand, since the market is still immature and has a very long path to maturity, there will be alts which can even grow more or less. Still, I prefer to cash out 80% of my portfolio when bitcoin meets the abovementioned range.
This is not a financial advice at all. We share our ideas here to learn from each other and grow together.
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Best of trades and luck. :-)