DSHUSD trade ideas
Dash / USD - 21-week crosses 50-weekThere is so much going on in the above weekly chart - where to start. Circled in black we have the 21-week (yellow) moving average crossing the 50-week moving average (green). This is very bullish, look left.
At the time of the last cross RSI was 61 - exactly where it is today! Even if you’re not a fan of fractals you have to admit RSI value at the time of the last and present cross is spooky.
Money Flow Index support (bottom oscillator - blue line) suggests the current uptrend shall continue until December 2021 at least. Do nothing until them but hold if you can. The majority of investors will be unable to hold by then and similarly over 90% will be unable to sell when the overbought condition is reached. Otherwise known as buy low sell high. Ping me below for updates as I don’t hold dash.
DASH, MY TECHNICAL VIEW !!!This currency is expected to grow well due to its good divergence and also its good price range.
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Dash full chart view:
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Macd RD+ created:
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*This post is an analytical post and does not mention any signals or trading offers.
-Thanks-
DASH Waiting For Money To Flow In - 1100% Just To Its 2018 ATHDASH is one of those forgotten coins, or so it seems like. I remember being above 1k in 2018. Even though it has not had the chance for a rally yet, i believe it will happen eventually as there is a lot of money in BTC and ETH to be rotated out of into the laggers enclouding DASH. It has 1100% just to its previous ATH. I specifically turned on linear scale for you to see just how undervalued this asset is.
I am not a financial advisor so non of this shoud be taken as a financial advise. Be Well.
KRAKEN:DASHUSD
DASH Goes Orange... Bullish Setup Hanging on by a Thread!Dash (DASHUSD) pulled back very hard again breaking below our previous low of 146.88, which means that we did not actually complete that pesky subwave-(ii) pullback that we THOUGHT we had finished back on September 28th. Therefore, our PURPLE primary pattern has invalidated , leaving the ORANGE pattern as the new primary . This means that our the subwave(i) remains the same, but now we have a deeper subwave(ii). LTC and LINK are also in a similar situation at the moment.
Our new ORANGE pattern subwave(iii) target projects between 453-576 while the subwave(v) target projects between 669-850.
The ultra-bullish GREEN box targets overhead haven't changed as they lie along very strong Fibonacci confluences. There is still a chance DASH can extend to those, but we are in a precarious situation.
There is major support at 101 below, and breaking that would mean we ARE following the bearish RED alt pattern which could take DASH all the way down into the 60 range. We've seen similar action in BCH, ETC, and EOS. In the near-term, it does look like DASH could get a lower-low. While BTC and ETH, which lead the crypto space, had been keeping things bullish all this time, they are getting dangerously close to breaking their own supports, so keep an eye on those! Ethereum must hold 3500!
It advisable to buy via DCA, dollar-cost averaging as your primary means of continuing to invest into DASH and other cryptos. This reduces the likelihood of inadvertently only buying highs by detaching your emotions from the process.
This subwave (v) top should coincide with the major top in BTC and ETH and will likely precede a ferocious crash across the crypto sector. This would be a great time to take profits and reallocate into other asset classes or Stablecoins. We may see a multi-year bear market specifically in Bitcoin and Ethereum, but many altcoins may see a shallower, more brief pullback followed by their own rallies to record highs DURING this time.
Farther out, there is a very strong, high-confluence target of 8233 that looms within the realm of possibility! While this crypto is not as popular as many of the other alt coins I've analyzed, Dash is one of the few altcoins along with Polkadot, Polygon, and Solana that HAS hit its standard Wave 1 target that allows us to maintain such lofty targets for subsequent rallies (just as with BTC & ETH).
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#dash #bitcoin #ethereum #blockchain #litecoin
dashhad a nasty fall from a huge bullish setup. currently trying to control a key level at 135 as support. we need to hold this level and ultimately pop above 140 and close there., currently BTCd is running hard but i feel it will get rejected around 41.46% dominance. at this point ALTS would have a crazy chance to run. out of most charts i see this one has alot more potential then the rest. based off the fact it hasn't run to old 2017 highs as well as if it reclaims that big fall and retraces back to the previous pattern, itll still have a fighting chance. im actually buying in these 135 levels for longer term bags and might swing trade it if i see a breakout of this symmetrical triangle here
DASH gets Gut Punched but Still One of the Most Bullish Cryptos!Dash (DASHUSD) pulled back so hard that we did break our previously-primary purple pattern and are now following the orange alternate pattern. The orange pattern calls the recent low the actual subwave (ii) while the purple subwave (i) remains as-is. LTC, SOL and LINK have also followed a similar pattern in which their nested 1-2,i-ii setups may have invalidated, but they did not completely reset their structures the way BCH, ETC, EOS and FIL have.
If you're feeling the need to BTFD (Buy The Freaking Dip), this may be a solid time to buy Dash. As the rally does take off in the 3rd wave, it will be prudent to shift to DCA , dollar-cost averaging as your primary means of continuing to invest into DASH and other cryptos. This reduces the likelihood of inadvertently only buying highs by detaching your emotions from the process.
While this crypto is not as popular as many of the other alt coins I've analyzed, Dash is one of the few altcoins along with Polkadot, Polygon, and Solana that HAS hit its standard Wave 1 target that allows us to maintain such lofty targets for subsequent rallies (just as with BTC & ETH). Stay tuned for my big picture charts on Dash, which include price targets!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this analysis is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#dash #bitcoin #ethereum #blockchain #litecoin