DASHUSDT trade ideas
#DASH/USDT#DASH
One of the currencies that witnessed a significant decline over the course of two years
The price has been moving in a descending triangle since the beginning of 2022
But recently the price reached a downward trend and is currently being broken
At a price of 33.00
First goal 59.00
Second goal 79.00
This represents 250% of the current price
With significant oversold and upward momentum
We also find that the MACD indicator is highly oversold
All of this supports the descending triangle pattern that has now been broken
We have a big support area on the chart at 25.00
DASH Hello Traders,
As posted last week regarding Dash I was expecting a sharp drop as the leveraged longs were really very high.
Obviously, the whole market in general fell not only Dash, including Bitcoin,Stocks and indices resulting in a strengthening of the dollar and gold driven by the news of the Iran-Israel war but you have to see the whole thing also as a catalyst moment for this kind of technical movements.
At the moment we can accumulate spot to sell at higher levels above 100 usd.
Have a good weekend.
DASHUSDT - Leveraged liquidationsHello traders,
I offer you the chart of daily DASH/USDT with the chart on 3-day basis heatmap of liquidations of leveraged positions.
We will use this chart to structure an unleveraged long trade and go to buy in the green zone using 4/10 of the available equity accumulating to the red zone.
The short-term target is above US$60.
Stop loss under US$22.
In the coming days I will update you on the clusters of long/short positions to update the long targets.
DASHUSDT → Bullish patterns and preconditions on a downtrend DASHUSDT is forming a conglomeration of bullish assumptions, attitudes and patterns. It is possible that the coin is starting to see a buyer, but it all depends more on their potential and interest.
On W1, the coin is trading almost at the bottom, which is the 22.6 area, and the strong support in this case is the 25.0 area. Relative to 25 a triple bottom is formed, below which the market does not allow the price to pass yet. It is worth paying attention to the resistance of 39.98. The level formed back in 2019 plays an important role in the market.
The price forms a pre-breakdown consolidation as well as a symmetrical triangle and makes an attempt to break through the resistance.
Support levels: 34.45, 31.22
Resistance levels: 39.35, 39.98
The resistance breakout may happen after a small pullback to 34.45 or directly in the nearest future. But only a break of 39.35-39.98 zone will be an important key point. Consolidation above 40.0 will be a good signal for further growth by tens and hundreds of percent.
Regards R. Linda!
DASH/USDT Nearing a Key Supply Zone with Potential for Action? 💎 Attention, Paradisers! We're zoning in on #DASHUSDT as it edges closer to a pivotal supply zone, hinting at possible market dynamics.
💎 On its journey, NASDAQ:DASH has been navigating a descending channel but is now aiming for the supply level at $30.82. The anticipation builds if it breaches the $30.82 mark and manages to maintain momentum above this zone, transforming supply into demand. Such a development holds a strong potential for a bullish trend, provided the price meets these conditions.
💎 For the savvy traders among us, should the climb falter, be on the lookout for a bullish comeback from the demand level at $28.57. A dip below this level might signal a shift towards bearish trends.
💎 Maintain adaptable strategies and remain vigilant, Paradisers. We're all in this together, prepared to navigate the market's fluctuations.🌴💰
Focused on DashDash has no real usecase anymore, but is unbelievable cheap at the moment.
Im into a 7x cross margin long and will double and triple down at those retracement levels.
Dash has benn forgotten, but altcoin dinosaurs, that arent extinct yet, could see a comeback out of nowhere.
I didn't assign much liquidity, but it's worth investing at those low levels, with little leverage, small positions with great entries can turn into fortunes.
The ones who know, know.
If dash passes the last support line as marked, its officially dead imo.
DASHUSDT | 1W 👀While weak hands are selling the asset, we can buy into it.
In any case, the entry point now is good both for the medium term and the long term, so I plan to keep some coins in long-term hold until the next bull cycle.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Dash. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Dash #Investment #DASH
A clear chart about Dash-Cup and handle-Fibonacci's extension Hello Traders,
as my last post about BINANCE:DASHUSDT the asset is in the hands of the bulls.
We can see in the chart that after a bullish impulse the market makers sold to shake some weak hands retracing both 0.5 and 0.38 Fibonacci's levels and rocketed to 40 USD.
Illyrian Capital lifts the target to 90 USD.
For a greater picture view watch the weekly related post.
Regards.
DASH ANALYSIS🔮 #DASH Analysis —— BREAKOUT 🚀
💲💲 #DASH was trading in a Falling Triangle, and breakout has already confirmed but there is an immediate resistance and if #DASH breakout major resistance zone then we will expecting bullish rally ✍️ ✅
📊Current Price -- $39.09
🎯Target Price -- $73.62
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#DASH #Cryptocurrency #Breakout #DYOR