DSHUSD trade ideas
DASH/USD Secondary trend. Downward wedge. Breakout.Logarithm. Secondary trend. Three days time frame. Downward wedge. Maximum $480. Breakout zone. Everything is very accurate.
Plan A . This is what the trend and the reversal zone look like on the line chart of the price. With percentages to key resistance levels for orientation.
Plan B . You should also understand that if the price doesn't break through this resistance zone or doesn't consolidate above it (general situation in the market). Then a pullback occurs and a sideways movement with significant percentage steps in the range of the indicated level zones is formed.
The main trend. Time frame 1 month.
DASH/USD Main trend.
Dash - Prepare for a massive breakoutHello Traders,
at this time I am focusing on dash .
This is a project that has been around since 2014 with continuous updates and to date is completely undervalued. From the chart we see a return of interest and technically it can get to 300 USD on a short cycle.
Dash has private transactions and instant transactions.
Charaterized by :
โ Strong community
โ Low marketcap 374,96 K
โ 11.69 M current circulation supply
โ All time high 1,600k USD
DASH patternThe digital currency DASH is poised for a significant uptrend towards the $130 mark in the upcoming two to three months, driven by a combination of fundamental and technical factors. Firstly, the increasing adoption of DASH in emerging markets for transactions and remittances, coupled with its privacy features, is enhancing its utility and demand. Secondly, the technical analysis reveals a bullish pattern, with DASH forming a strong support base around the $80-$85 level, indicating a solid foundation for the next leg up. Additionally, the anticipated updates and improvements in the DASH network, aimed at enhancing scalability and security, are likely to boost investor confidence. Lastly, the broader cryptocurrency market is showing signs of recovery, and as investor sentiment improves, altcoins like DASH are expected to benefit significantly. Combining these elements, DASH is well-positioned for a bullish trajectory towards the $130 target in the near term.
DASH Multi-Cycle Bottom RamblingsI think DASHUSD has found bottom and is about to embark on its next impulsive wave. Wave 3 is exactly 161.80% of wave 1, which is an amazing confluence!
Wave 2 retraced to .618 (nice) but the next wave correct to 0.5-0.55 (with manip/fakeout)
The multi-year downturn has formed a bullish wedge (RSI wedging too which is nice)
Up & Onward
I do think the price will lag some vs RSI. So keep an eye out on a bullish RSI reading over the next couple of months and then followed by some positive PA.
Cheers!
$DASH - Descending Triangle + Short Trigger1. Downtrending market in the higher time frames - look for short opportunities.
2. Downtrending market in the daily time frame - look for short opportunities.
3. Descending triangle base pattern being formed since the end of Jan 2024 - the short opportunity.
4. 2 above average sized bearish candles formed at the edge of the triangle - the trigger.
5. No bullish reaction - the trigger.
TRADE:
1. Entry: Short at market
2. SL : Buffer for a retest and definite proof the idea is wrong above the upper top of the triangle base - 31.60usd region.
2. Target: Follow the trend. Either a break of structure, a cut and close above the 50 EMA or a EMA crossover as exit trigger.
Cheers,
RR
"Harnessing Future Wealth: Zcash and Dash"The Undervalued Gems: Zcash and Dash Coins Beckon as Prime Long-Term Investments
In the ever-evolving landscape of cryptocurrencies, where volatility often reigns supreme, two digital assets have been quietly building momentum amidst the tumultuous waves of the market: Zcash (ZEC) and Dash (DASH). Despite their innovative features and robust fundamentals, both Zcash and Dash find themselves at historically low prices, presenting an enticing opportunity for investors seeking long-term value.
Zcash: Shielded Transactions for Enhanced Privacy
Zcash, launched in 2016, stands out for its emphasis on privacy and anonymity. Powered by cutting-edge cryptographic techniques such as zk-SNARKs, Zcash allows users to conduct shielded transactions, wherein the sender, recipient, and transaction amount are encrypted. This unique feature provides unparalleled privacy, making Zcash a preferred choice for users who prioritize confidentiality in their financial transactions.
Despite its groundbreaking technology, Zcash has often flown under the radar compared to its more mainstream counterparts. However, recent developments have reignited interest in this privacy-centric cryptocurrency. The upcoming implementation of the Halo Arc protocol promises to enhance scalability and efficiency, positioning Zcash for broader adoption and utility.
Moreover, with increasing regulatory scrutiny surrounding privacy coins, Zcash's compliance-focused approach, including its ability to facilitate transparent transactions, distinguishes it as a responsible player in the cryptocurrency space. As regulatory clarity improves, Zcash could see renewed attention from both individual and institutional investors, driving its price upward.
Dash: Pioneering Decentralized Governance and Instant Transactions
Dash, initially released in 2014 as XCoin and later rebranded, has carved a niche for itself as a pioneer in decentralized governance and user-friendly features. One of its standout offerings is the Masternode network, which enables advanced functionalities such as InstantSend for rapid transactions and PrivateSend for enhanced privacy.
The governance model, facilitated by Masternodes, allows Dash holders to participate in decision-making processes regarding network upgrades and allocation of funds from the treasury. This decentralized approach to governance fosters community involvement and ensures that the network evolves in a dynamic and responsive manner.
Despite its robust infrastructure and active development, Dash has faced its share of challenges, including fluctuations in market sentiment and competition from newer projects. However, recent initiatives aimed at enhancing user experience and expanding Dash's utility, such as partnerships with payment processors and integration into decentralized finance (DeFi) ecosystems, bode well for its long-term growth prospects.
The Case for Long-Term Investment
While both Zcash and Dash have encountered obstacles on their respective journeys, their underlying technologies, dedicated communities, and commitment to innovation position them as formidable contenders in the cryptocurrency landscape. The current undervaluation of these assets presents a compelling opportunity for investors looking to build a strategic long-term position.
Investing in Zcash and Dash at their current low prices allows investors to capitalize on potential future appreciation as market dynamics evolve and adoption increases. Additionally, the inherent utility of these cryptocurrencies, whether it be Zcash's privacy features or Dash's user-friendly functionalities, underscores their relevance and longevity in an increasingly digitized world.
As with any investment, thorough research and prudent risk management are essential. However, for those willing to embrace the inherent volatility of the cryptocurrency market and take a long-term perspective, Zcash and Dash represent compelling opportunities to participate in the ongoing evolution of decentralized finance and digital payments.
In conclusion, Zcash and Dash, with their innovative technologies and strong fundamentals, stand out as undervalued gems in the cryptocurrency space. For investors with a strategic outlook and a tolerance for volatility, establishing a long-term position in these assets could prove to be a prudent decision as they continue to chart their path towards broader adoption and recognition.
Disclaimer: The information provided in this article is for educational and informational purposes only and should not be construed as financial advice. Cryptocurrency investments carry inherent risks, and investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.
X Coin or DASH ($DASH)
Dash coin, a pioneer in the cryptocurrency realm, stands as a testament to resilience and innovation. Its enduring history is a source of inspiration, showcasing that even in the dynamic landscape of digital assets, steadfast determination can lead to triumphs. Embrace the spirit of Dash's journey, and let it fuel your motivation to navigate the challenges and triumph in your own endeavors.
Now or Never
#DASH โก Ready for melting the World ๐ .
DASH Long at Key Support LevelDASH had recently experienced a pull back that brought it back from its key support level that was manufactured on the 9th of November 2022.
We are taking this long with leverage as it is well defined with a clear exit strategy at or below a key level of significance.
The asset is showing bullish convergence as none of the oscillators suggest buyer exhaustion.
Who isn't sleeping on DASH ??Dash since January 2014.............
A coin that didn't even flinch the last "bull run", accumulating for a whole year.
Currently free at 33$
I just wonder what are they preparing for..........
Binance Will Support the Dash (DASH) Network Upgrade & Hard Fork
2023-12-14 04:35