DASHUSDT trade ideas
DASHUSDT Bounced on 0.618 Fibonacci levelthe price bounced on 0.618 Fibonacci level on weekly structure and now it's testing the daily resistance. IF the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Dash will Bash, said on 29/01/2021we are expecting a high rise on this altcoin as it was ranging for a while, .
as Bitcoin dominance drops, it will get more power as it is currently accumulating and soon we will see some heavy changes and up rise on this
we have specified the areas of retraces and projection of two bearish and bullish waves
please consider the TP areas
DASHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is in a bearish trend. If it is able to break above the triangle, it will be able to go toward its resistances.
Of course we need to keep an eye on Bitcoin’s price.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
DASHUSDT - bulls can take the leadHello everyone!
Trading plan for DASHUSDT
First of all, I would like to note that the price is in the 50-62% Fibo zone of the global 4h wave. Statistically, the trend is healthy when the pullbacks do not exceed more than 60-62%. So on the 4 hours chart, the trend remains bullish .
Second importan thing, I see a locked sell area on the chart in this global Fibo zone. Such provocations often gives a reversal of the movement. Level 192 is critical support. If the price breaks down 192 and closes below, with a high probability we will see the price lower to the next locked zone - 160-163. If there is a rebound from this level (a small puncture is possible), the growth scenario remains. Work according to the principle "If... then... ". So the cancellation of the bull scenario is if the price will break and holds below 192.
Third. The minimum raise potential at the moment is resistance 227.
The optimal target is level 246, which will give an excellent risk/reward ratio.. Above 246 - trailing position + breakeven.
Resume
Direction - Long
Buying area 192-210.
Targets 227, 246 and 290.
Cancellation of the scenario - breakdown 192 and close below.
Operations in financial markets can bring both large potential profits and are associated with potential risks associated, among other things, with the effect of leverage and high volatility of instruments used in trading in financial markets.
The provided forecast is a subjective analytical assessment of the situation in the financial market and in no way is it a recommendation for opening deals, investing and developing your own trading strategy.
Potential price action DASH.If DASH breaks to the downside of the Symmetrical Triangle, we may expect the price to reach the Bearish Target.
If DASH breaks to the upside of the Symmetrical Triangle, we may expect the price to reach the Bullish Target.
Green= Support
Red= Resistance
Disclaimer: this is not trading advice, trade at your own risk.
DASH/USDT - Two upward patterns 🚀Hello everyone, analyzed the DASH / USDT pair
🚀Price was in a falling wedge and moved well, forming an inverted HEAD AND SHOULDERS.
Now there are good savings, I look forward to an impulse movement.
Support zone Level: $ 184-197
Resistance zone levels:
$ 232-247
The levels of work are indicated on the graph. Don't forget that this coin gave a nice boost to your deposit. This is impulsive and you shouldn't take short stops.
"This is just my opinion, trade with your trading system."
"Have a nice day everyone and come."