Dash breaking short term resistance, and looking to test higher.Looking at the multiday time-frame, DASH is gearing up to test resistance. Currently breaking out from the resistance on shorter time frames.
Not Financial Advice
DASHWETH_10E900.USD trade ideas
DASH just about to breakout?We are approaching the peak of this enormous consolidation triangle.
Underneath we have 2 strong support levels.
It's a very good moment to accumulate this crypto. We have a potential 2300% upside that will lead us just to the last ATH. Huge risk/reward ratio.
GL&HF ;)
Range Trading is annoying, but this where you HOLDLook guys, the reality is unless you bought Dash in 2015,2016 you missed the party.
Now this does not mean dash won;t repeat the same rally, it just means you have got to be a lot more patient.
Guys, you have got to think LONG term like 6 months minimum.
You go to ask yourself what are you afraid of?
Always hold a base if you are bullish.
Have a strategy of limit price orders - have a strategy, look for key prices like 60$ or 65 or $70
There is so many ways for you to manage risk.
You have got realize when you are holding dash, you are saying to yourself that i replacing cash for dash.
It is simple as that, and with dash comes volatility.
Understand liquidity of dash will also help you on how you trade it.
Guys watch the market, any time dash spikes 10% add and hold, if fades.. decrease or add more.
I mean do you see where i am going with this.
If you believe in the project and the coin. Accumulate get to the volume you like and don;t look back.
__REVIEW___
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You see how the index is going to be in range for a little while, well guess what, dash is going to mimic this. Just understand this, don;t panic, just be patient.
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow CryptoPunks!
_Ajion
Dash Flat with 3rd wave 87Fractal and Support
On last 62 day DASH atr on low is 6.09
10.88=6.09*1.788
24.36=6.09*4
November-December
TP1 - 74
Buy - 65
TP2 - 74
TP3 - 87
Daily:
💡Don't miss the great buy opportunity in DASHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (63.65).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 75.30
TP2= @ 79.90
TP3= @ 87.90
TP4= @ 104.40
TP5= @ 117.10
TP6= @ 142.15
TP7= @ 184.55
TP8= @ 260.75
TP9= @ 399.65
TP10= @ 622.50
TP11= @ 803.35
TP12= @ 984.00
TP13= @ 1568.35
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💎 Want us to help you become a better Forex 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 ❤️
💡Don't miss the great buy opportunity in DASHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (63.65).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 75.30
TP2= @ 79.90
TP3= @ 87.90
TP4= @ 104.40
TP5= @ 117.10
TP6= @ 142.15
TP7= @ 184.55
TP8= @ 260.75
TP9= @ 399.65
TP10= @ 622.50
TP11= @ 803.35
TP12= @ 984.00
TP13= @ 1568.35
❤️ 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 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 ❤️
Dash - Prepping For LaunchUpside Price Target: $91.1 - $92.5
===============================
As always, watch out for STOPS-HUNTING BOTS!!!!
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, ALWAYS PLACE YOUR STOP LOSS at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
DASHUSD 1D RANGE TRADINGRanges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of volume average for a full position size.
b - If 75% of volume average then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
If not 75% then stand aside from the trade.
2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order.
Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd
trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look
at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit.
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
DASH/USD LONG SET UP (HODL) DASH JOINS DEFITitle : DASH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order Or Market First Entry
Time Frame : WEEKLY
Entry Price 1 : $74.00
Entry Price 2 : $64.00
Stop Loss : $60.00 (140 PIPs)
TP 1: $88.00 (140 PIPs)
TP 2: $98.00 (240 PIPS)
TP3: $114.00 (400 PIPS)
Tp.4 $126.00 (520 0PIPS)
DASH bullish after 15% spike on back of masternode news
OCTOBER 20, 2020 BY BENSON TOTI
Dash has traded between a low of $73 and a high of $77 on the day
Dash has seen its price surge by more than 18% in the past 24 hours. The price is posting to the upside on the back of increased positivity among Dash users eyeing up a slice of the DeFi pie via yield farming in addition to rewards from staking.
DASH/USD price soared from lows of $64 to hit a 30-day high of $77, with the upside spurred by increased buying volume after Dash announced it was partnering StakeHound to make DASH accessible to DeFi users.
Also positive for Dash today is the news that the number of Masternodes on the network has hit a new record high of 5,002. Masternodes on the network use their token holdings as collateral to participate in governance. Operators of these servers earn regular payments in the form of Dash.
Dash price
The cryptocurrency is trading with a bullish bias as shown by the MACD on the 4-hour chart below. A look at the chart also shows that the 20 VWMA is moving away from the 20 SMA, suggesting the price jump was accompanied by increased upside volume.
After breaking above the 20-day, 50-day and 100-day moving averages, bulls have the energy to test resistances around $80. The MACD has strengthened and the MAs are providing healthy support around $70.
On the daily chart, bulls face slight resistance at the SMA200 and SMA100 lines, which are just under the 24-hour highs. Notably, the price has not experienced the aggressive rejection that characterised the last time we saw upside action.
On September 3, the price of Dash crashed 20% to fall from highs of $84, to touch $65. Bears showed the same aggressiveness near $73, with the subsequent action seeing bulls struggle to break above $70.
The hourly and 4-hour charts feature positive candles, although the momentum is squeezed by a decrease in buy volume. Bulls need to flip this to avoid giving sellers the initiative.
In this case, DASH/USD needs to close with a daily candle above the 100-day and 200-day simple moving averages. If bulls achieve this on higher buy volumes, the cryptocurrency will remain bullish.
A reversal in the short term will see bears aim at taking prices to the next major support level around $69.
What is Dash? All about of this cryptocurrency!!!Dash is a digital currency that enables anymore, anywhere in the world to make quick, easy and cheap payments at any time without going through a central autorithy. You can to move Dash in a second or less than a cent. It's a digital money that's bettern than cash, becuase all transactionsi is near to 0 that more cheap than Bitcoin or LItecoin when you send Dash for other people, the transactions is so near to 0.
Use cases:
You can pay your friends and family
Pay airfare, utility bills and subscriptions
Groceries and Dinind out
Shop Online
Find Hotel's and lodging that accept Dash as payment method
Pay for business services
Dash was launched on 2014 with the same protocol of what Bitcoin use. Dash use the protocols proof of mining and proof of stake that guarantize that the networkd is mroe securely and mroe protected by users, stakers and miners.
My Personal Opinion:
This proyect is interesting. We could use Dash as money to pay our services, pay bills, pay friend or simply send money to people. It's interesting to know it. Well, the most that I like about of this cryptocurrency is the supply monetary limited, that mean that there wil be 18.9 million o Dash in circulation and that mean tthat supply monetary is so limited that make that Dash adoption grow up throughout of the time. I option to invest in this crypto for the bull rally 2021.
For more resources if you want to learn about Dash or simply read, please visit these links:
1. Dash's website: www.dash.org
2. Dash's Twitter: twitter.com
DASH Price Prediction 2021-2025DASH Price Prediction 2021
DASH has been one of the oldest crypto projects that was live and kicking much before the 2017 crypto frenzy that spawned thousands of new coins. However, the road to somewhat stable crypto project was bumpy but unlike many other vaporware projects, DASH team kept working on their product and the project seems to have some sort of future, despite facing some bad PR due to 2 million instantly created tokens at the launch of the project. In 2021, once the market wipes out the worthless projects, DASH might jump into spotlight and top 10 coins ranks which could see the DASH token price go up to its all time high levels of $1640 per coin.
DASH Price Prediction 2023
If DASH lives long enough to see 2023, that would mean the project stood the test of time and more importantly survived the regulators’ onslaught. All of this would lead to the token being worth at least 10-100x than its hitherto all time high. That would mean DASH would cost $16000-160000 per coin.
DASH Price Prediction 2025
Again, if DASH lives long enough to see 2023, that would mean the project stood the test of time and more importantly survived the regulators’ onslaught. All of this would lead to the token being worth at least 100x+ than its hitherto all time high. That would mean DASH would cost $160000+ per coin.
Realistic DASH Price Prediction
Predicting prices of novel, highly volatile and risky asset classes is a thankless task – best answer is no one knows. Educated guess is that realistic DASH price for the foreseeable future is somewhere between its current price and its all time high.
Conclusion
We don’t yet know which crypocurrencies will make it out of the crypto winter we’re wandering in right now. There are plenty of coins that stand a good chance of weathering the crypto storm and perhaps becoming more relevant as the market contracts and devours some of the weaker projects. However, there are even more of those projects who are already dead but no one noticed yet.
But, looking at things from this point in time and place, it’s reasonable to say that Dash is standing in a better position than many of other coins but not as good as some of its direct competitors. The jury is still out on DigitalCash’s future.
A view on DASH with multiple trading pairs analysis I had taken a closer look at DASH and wanted to give a more concise picture if DASH is about to break and become irrelevant (in terms of value) or if this long downward trend may find an end soon.
Looking at just DASHUSD gives for example the impression that DASH broke out of the downward trend wedge and now is seeking to find support on the downward trend to then potentially rise again.
If you look however on the DASHEUR chart DASH is well trapped inside the wedge, however also potentially finding support in the wedge bottom to then potentially break out above.
So let's add DASHBTC. A very grim view with DASH in a downward trend since March 2019 desperately seeking support on the very bottom to then rise from the ashes.
All three trading pairs next to each other give a more concise view on Dash and where it's heading.
Dash now only roughly on spot 28 in terms of market cap is clearly struggling in terms of finding it's value in the market.
With huge merchant distribution in south america it does have it's value proposition as digital cash.
DASH just may be a good investment opportunity at a big rebate right now.
However with potential regulation from central banks or implementation of central bank wallets or national crypto currencies there is also risks involved like it is within the overall crypto market.
Drop me a like if you have find this analysis valuable.
---
cointelegraph.com
According to the DASH financial report for Q1 2020, commercial transactions using Dash for the first quarter increased by 104%. During the first quarter of 2020, the number of active Dash wallets installed on mobile devices has reached 101,747, which is 214% more in comparison with the same period last year and 21% more than in the previous quarter. The growth is resulted by several partnerships in Latin America, especially Venezuela and Brazil. In Brazil, more than 2.5 million merchants can now use Dash as means of payment with solutions such as ATAR Pay.
In addition, Dash showed a nearly 60% price increase, thus showing the best quarterly growth since the fourth quarter of 2017. The average daily trading volume on exchanges showed the largest increase, reaching $37 mln, which is an increase of 987% in comparison with the previous quarter and an increase of 686% annually.
Dash Weekly Forecast - Bullish Descending Wedge FormingEpic descending wedge could be in the makings here.. Expecting one more drop into the $50 range then rally to $200 as descending wedge pattern completes. Timing for the upside breakout ~ Q1 2021. Lets watch.
0049 - Short DASH on MarginPrecio de Entrada: 63.45 USD
Stop-Loss: 71.60 USD
Objetivo Mínimo: 42.30 USD
Objetivo Máximo: 33.00 USD
Nivel de Riesgo: 1%
Razonamiento:
- Setup super sencillo. Precio de entrada justo por debajo del soporte señalado en los $65. La operación seria ejecutada con una orden stop-sell al precio indicado. Estaríamos operando un breakdown.
- Stop-loss por encima del ultimo swing high. Ahí se invalidaría la idea. Sin misterios ni complicaciones.
- Objetivo mínimo: El low del 12 de Marzo. Nos brinda una R:R bastante razonable.
- Objetivo máximo: El low del 13 de Marzo que, a su vez, es el low del 2020. Seria el primer retest desde entonces. Esperen demanda allí.
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