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Dash

🔥 Dash Wedge Break Out ContinuedA couple of weeks ago, I made an analysis on DASH. Here I argued that DASH was trading inside a descending (bullish) wedge pattern and that a pattern was likely to occur soon. As it seems, the price needed one more re-test of the wedge's support before a strong break out could occur. The first target of my previous analysis has been reached. Now we can extend our targets upward since the reversal has been set in motion. Next major target is based at $200, second target at $215. With sufficient price action, both targets could be reached within a week. Happy trading!
Long
by FieryTrading
7
🔥 DASH Bullish Wedge Break Out ContinuedLast week, DASH saw a strong break out of the bullish / descending wedge in which it has been trading for several weeks. This break out launched the price towards the most recent high based around the $185 area. Since the crypto market is looking fairly bullish overall, I'm expecting the price to break above the $185 area in the coming days. In case that happens, the first target area lies between $210 and $215, based at the closest local top. Happy trading!
Long
by FieryTrading
10
DASH/USDT - Potential 139% SetupHello Traders! The upward movement of DASH has received a deep correction. At the moment the price returned to the active trading range of $138 - $176 Purchases can be considered between $138 - $160 It would be a good idea to place a stop loss at $94 The medium term buying targets will be $240 $290 $332 Excellent risk/profit ratio (above 4) Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:DASHUSDLong
by UnknownUnicorn10064030
🔥 DASH Bullish Wedge Pattern Break OutTogether with the rest of the crypto market, DASH has been moving down for almost three weeks now. During this period, a bullish (downsloping) wedge has been formed on the chart. Classically, these patterns lead to a bullish break out. With Bitcoin rising and the stock markets reversing, there's a decent chance that DASH will break out of the wedge in the near future. In case of a bearish move, expect DASH to bounce off the lower trend line. Main target is at $200, second at $215. Happy trading!
Long
by FieryTrading
10
DASHUSDT TECHNICAL ANALYSIS If the candle couldn’t reach out $191.2 today and If the candles stay below to downtrend line, it may lose more value and fell down till support line ( around $110.7 ). I’m still bearish at the moment and MA changed direction as well. If we have some DASH in our hands at the moment, we may need to sell it. We got SELL signal on August 30th, 2021 from @EngineeringRobo, I sold it in those day and if you sold when we got the signal too, you could save over 37%. “NFA”
by ABSTOCKER
DoorDash: The Stock that Hedge Funds LoveIn this post, I'll be taking a fundamental and technical approach to DoorDash ($DASH), an American delivery & takeout platform. For more information on the company since its IPO, make sure to check out the post I uploaded in Dec. 2020 by clicking the chart below. Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Fundamentals - DoorDash has shown tremendous growth compared to its counterparts like GrubHub and UberEats, during the Covid pandemic. - In terms of meal delivery shares, DoorDash currently covers 57%. - Dashers - the deliverymen on DoorDash - are gig workers, but the Biden administration has signaled that they should be classified as employees - This would induce additional costs, and with DoorDash still not being a profitable company yet, this could negatively impact the stock's price. - While this company is still not profitable, their Q2 financials demonstrate great growth trajectory - Their increase in revenue isn't amazing, but the absolute value is quite high. - Their Gross Order Value (GOV) has been growing for 5 consecutive quarters. Technical Analysis - The chart demonstrates that the stock is very volatile. - But ever since we tested the IPO price support in May, we have been in an uptrend, forming higher lows and higher highs. - The price is trading above the Exponential Moving Average (EMA) Ribbon - A break and close above $214 could lead this stock to retest its all time highs at $256 Institutional Investors - SoftBank holds the most stocks, owning 12.89% of the company (43.5m shares) - The runner up on the list is Sequoia Capital, with 11.66% - Tiger Global Management holds 3.23%, and Morgan Stanley Investment Management holds 3.13% - Among known hedge fund managers as well, the top holders on the list (by order) are: - Chase Coleman (Tiger Global Management) - Jim Simons (Renaissance Technologies) - Ray Dalio (Bridgewater Associates) - Ken Griffin (Citadel) Conclusion DoorDash is a very interesting company with a business model proven successful by other companies overseas. It would be important to see the continuation in growth momentum and the company turning profitable in the next few years. Especially with a lot of institutional interest, this stock could definitely be added to your watchlist. If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight :)
DLong
by Michael_Wang_Official
2
🔥 DASH Rejecting Resistance: Bullish Move SoonLike many other tokens, DASH has seen a strong bearish move earlier this week. DASH is not one of the better performing tokens at the moment, since it has only seen a minor bounce since the sell-off. Earlier today, DASH got rejected from the $215 resistance and made a bearish move. This could indicate that there's more pain in the making for DASH. I'm looking at the $185 area for a potential reversal. Longer term, I'm still very bullish on the market. Should be a matter of time before we're back at the $280 target. Happy trading!
Long
by FieryTrading
7
DASHUSDT TECHNICAL ANALYSISDASH has been posted couple days ago about @Liquid_Global is back and better than ever! Liquid re-enabled #DASH deposits and withdrawals. We are extending our promo with Liquid to September 30th! Use Liquid Quick Exchange to buy $50 of Dash with Visa through our Android Wallet and you could earn one of 20 $1,000 rewards. If we looks for technical analysis, we can say the candle break out down trend-line and recent candle is still on the down trend-line. We need to wait for next candle will open-close completely above on the trend-line then we may get another an opportunity buy it. We got signal from robo advisor and if candle reach again $271.8, it will be another opportunities buy again then we may earn at least 18%. Let's follow our chart together, "NFA"
by ABSTOCKER
DASHBTC Appears to be retesting the neckline of an inverse H&SDash has been one of my favorite projects for a while. Right now it appears to be in a multi month long rising wedge that I suspect will break to the upside. But first it has to get off the wedge support and it appears to be doing such with an inverse head and shoulders centered at the 0.0050 level. The support of the wedge is in part defined by the head and right shoulder. I expect that once this retest is done we will see a quick move to the 1.618 fib level of the hight of the head, but from there the main thing to observe will be the splitter on the wedge. For price action to behave more bullishly it will have to stay in the upper half of the wedge. On the 4 hour chart it seems our situation in the purple circles resembles the black circles. I entered my position on DASHUSD when DASHBTC was on the upward slope of the right shoulder and have a stop loss below the valley of the right shoulder. I want to let this ride a bit more before I move my stop to break even or slight profit. From my entry I hope to be patent and wait for it to pop out of the wedge. If I see DASHBTC start to make a bull trap like it did against the purple line below that will be a sign for me to close my dashusd trade. Right now things are going smoothly with the initial ascent shown by the blue trendline. As of right now there isn't even the price action to draw a new purple line for that phase of the uptrend. As you can see, DASHUSD also appears to be in a inverse head and shoulders and price action appears to be testing the neckline on that as well. A zoom in: I hope to take some profit of my margin trades at major fib levels and use some surplus on dip buying. A zoom out of dashusd And just for giggles, here is DASHETH with what appears to be a falling wedge on a flag pole. Lots of volatility all over the place.
by This_Guhy
1
🔥 DASH Reversal: New TargetA couple of days ago I made an analysis on DASH. I argued that DASH was prone to reverse from the trend line and continue the bullish move. The reversal did indeed occur around the indicated area, although it went a bit deeper than initially anticipated. For now, the first major target is $280, which is based at the most recent local top. I'm expecting the price to reach this area within the next 10 days. In case of some major bullish news, $325 is the next target. This could be reached in the next month or so, assuming that the market will keep its momentum. Happy trading!
Long
by FieryTrading
4
$70k BTCUSD Incoming After The Dip?Good Day my fellow traders! I will keep this real short...BTCUSD has 2 bearish divergences on the daily that I'm taking heed to. I believe a pullback to $46-$42k is expected. The $46k level might get tested again, if fails...next level for support will probably be in the $42k area(Perfect long entry point) :) The overall picture is bullish. As you can see..BTCUSD is forming what resembles a CUP AND HANDLE PATTERN. Completing this pattern will bring the price action to the $70k area. You can find this similar pattern is DASHUSD as well. Disclaimer: I'm NOT a financial adviser... :-) Peace Love Blessings ;)
BITSTAMP:BTCUSDLong
by NoMi_Kidd