I am writing this for my own reflection.
Dash is moving to a different cycle than other cryptos. It does because it is truly unique unto it own.
Anyways here's what I think I see happening.
This is a trend analysis for DashUSD
The 50 and 200 Daily Moving averages need to be monitored closely.
The price is above the 50 and 200. The 50 is above the 200, and both the 50 and 200 are moving upwards... This very bullish.
However the 200DMA has yet to cross above sept high of the 50 DMA.
And the 50 has yet to cross above its own high from last march.
The 200 should cross the recents 50's high in 48-72 hours. This should be met with a large spike in Dash.
And the 50 will cross above the 50 from last march in about 5-10 days. When both of these crosses are locked in, Dash will moon unlike any coin out there.
It will go from $107 - $600 then to $2000.
We will see.
Dash is moving to a different cycle than other cryptos. It does because it is truly unique unto it own.
Anyways here's what I think I see happening.
This is a trend analysis for DashUSD
The 50 and 200 Daily Moving averages need to be monitored closely.
The price is above the 50 and 200. The 50 is above the 200, and both the 50 and 200 are moving upwards... This very bullish.
However the 200DMA has yet to cross above sept high of the 50 DMA.
And the 50 has yet to cross above its own high from last march.
The 200 should cross the recents 50's high in 48-72 hours. This should be met with a large spike in Dash.
And the 50 will cross above the 50 from last march in about 5-10 days. When both of these crosses are locked in, Dash will moon unlike any coin out there.
It will go from $107 - $600 then to $2000.
We will see.
Note
The big move is beginning... I think. Wont know until we breach $150Note
The date of lift off was extended, and the reason why in my opinion its because the price dropped below the 50 DMA and stayed there, this prevented the 50 from rising above march levels. Soo now we are above the 110 level, in a few days we can expect the 50 on all exchanges to finally cross above the march levels of 2020. Other than my guesstimate of time being off by about 3 days, everything else I said remains the same and we should now continue to see positive price action into the $200-$600 area.
We wait and see.
Note
Dash is at a pivotal moment in history. My prediction before was dependent on the moving averages rising, however Dash spent quite a few days below the 50MA, this prevented the 50 from rising above march highs on a consensus of major exchanges. Dash is now above the 110 area, so in a few more days there should be consensus of a clean break.
There are other technical details that are aligning, such as the 200 breaking through a major down trend line..
As long as dash stay above $115 for a few more days it should be time for lift off very very soon.
Look at ZRX for the type of parabolic move I expect.
A move well into the $300+
We will see.
Note
All in a 1 or 2 hour time frame Dash Should rise into the $300-$600 range.Note
Less than 48 hours until the 200 DMA crosses above 111 and to keep rising, the number to break is 110.6x, either then or within a day massive price action should not surprise.
Note
The last one is a random stock that had been showing signs of a momentum shift..
For Dash/BTC this is in its very early days. Expect bubbly action from here forward.
Once the 200 day moving average breaks the march high of the year 50, things will get moving.
The break of the 50 as of the daily close today should lock in a "clean break" of the march high of 110.6x. and this will provide safety to the bulls to run the price higher, likely to the $240 range,
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.