Is #DASHUSDT About to Skyrocket? Here’s What You Need to Know!Yello, Paradisers! Have you noticed the exciting opportunity brewing with #DASHUSDT? Let's dive in and see why this could be a game-changer!
💎We've witnessed #DASH breaking above a descending resistance, signaling a high probability of a bullish move. After overcoming this resistance, #DASH is now sustaining momentum at a probable support level of $25.13. If #DASH manages to break above this level and sustain its momentum, there's a great probability it will continue its bullish ride and aim for the internal resistance zone at $31.40.
💎The current market sentiment is bullish. Why? Because DASH has failed to make a new lower low and has instead sustained its momentum at support levels. But what if NASDAQ:DASH faces a strong rejection at the internal resistance of $31.40 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the demand level of $22.69.
💎During this phase, many inexperienced traders might rush to open short positions and get trapped. If the price breaks below the demand level at $22.69 and it turns into supply, it's time to plan short positions as the market could drop significantly.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey.Be a PRO.
MyCryptoParadise
iFeel the success🌴
Dash
DASH: One of the Oldest Cryptocurrencies.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
DASH coin is one of the oldest cryptocurrencies, having debuted on January 18, 2014. This coin, with its long history in the crypto market, has battled a downtrend for a long time, experiencing a remarkable rally from $0.214 to $1575 (an 11,000% increase) and then a significant decline to $20 (a 98% drop).
With the current price close to an all-time low, DASH is holding the support trendline at $22.3. A potential rebound from the current market price (CMP) is likely to test the primary resistance, which ranges between $40 and $47.
The lower support at $15 is there to hold the price if we witness any further decline.
- Primary Support: $22.3.
- Lower Support: $15.
- Primary Resistance: $40 to $47.
- Higher Resistance: $76.
DYOR, NFA.
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DASH Technical AnalysisDASH breaks above a descending trend line, indicating a likely upward move. Now, DASH is near an important resistance zone (Green) at $24.91 - $25.17. If it breaks out from this zone and maintains its momentum, we could see the price to the next resistance zone (Blue) at $29.89 - $30.44.
The market sentiment is positive because DASH has maintained its momentum and hasn't made new lows. However, if DASH faces strong resistance at the Green Zone and starts to lose momentum, we should look for a bounce back from the $23.30 support level before making bullish trades.
Buying opportunity for DASHThe structure of DASH seems bullish. It keeps making higher L's.
There is also a bullish CH on the chart.
The targets are clear on the picture
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
DASH is super bargain now, GET IN. Multiple X Gain Prospect!Delicious setup for DASH.
It's not everyday you see a super bargain coin in comparison to its peers who has surged exponentially already. This one hasn't experienced that yet, but that will change soon.
We are now at the heatzone area - buyers favorite spot.
Bears has literally faded.
RR ratio is too attractive to missed.
TAYOR.
#DASH/USDT#DASH
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 26.00 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with a strong uptrend
Entry price is 29.00
The first goal is 31.83
Second goal 34.24
The third goal is 37.00
DoorDash: Sizzling Growth Amidst the Food Delivery RevolutionDoorDash ( NASDAQ:DASH ) stands tall as a beacon of innovation and resilience. Despite the challenges posed by elusive profitability, DoorDash ( NASDAQ:DASH ) has continued to surge ahead, gaining customers, expanding its offerings, and solidifying its position as the undisputed leader in the market.
Dominance and Moat:
DoorDash's ( NASDAQ:DASH ) dominance in the food delivery service is undeniable, with a staggering 65% market share that erects formidable barriers to entry for competitors. This dominance isn't merely a result of market share but also stems from a massive moat built on the back of its growing network of restaurants. In an environment where convenience reigns supreme, DoorDash ( NASDAQ:DASH ) emerges as the incumbent of choice for both restaurants and customers alike, ensuring seamless transactions and unparalleled convenience.
Revenue Growth and Margin Expansion:
Despite the industry's notorious struggle with profitability, DoorDash ( NASDAQ:DASH ) has demonstrated remarkable resilience in driving revenue growth and expanding its margins. With a strategic focus on increasing its take rate, DoorDash ( NASDAQ:DASH ) has managed to boost its net revenue margin significantly over the past two years. The recent Q4 2023 earnings report bears testimony to this success, with revenues soaring to $2.30 billion, surpassing analyst estimates and reflecting a robust year-over-year growth of 26.7%. Moreover, adjusted EBITDA saw a commendable rise, underscoring DoorDash's commitment to sustainable growth and financial health.
Subscription Surge:
One of DoorDash's key growth drivers lies in its growing subscription memberships, exemplified by the success of DashPass and Wolt+. With over 18 million users subscribed by the end of Q4 2023, DoorDash's subscription model continues to resonate with customers, offering access to a plethora of benefits including waived delivery fees and exclusive discounts. This surge in subscriptions not only bolsters DoorDash's revenue streams but also fosters customer loyalty, laying the groundwork for long-term sustainability.
Diversification and Innovation:
DoorDash ( NASDAQ:DASH ) remains at the forefront of innovation, continually diversifying its offerings to meet evolving demands. Beyond food delivery, DoorDash ( NASDAQ:DASH ) has expanded its services to include same-day grocery, staples, retail, liquor, flowers, and even medicine delivery. The company's foray into experimental ventures such as delivery drones underscores its commitment to pushing the boundaries of possibility and redefining the future of logistics.
Partnerships and Collaborations:
Central to DoorDash's expansion strategy are its strategic partnerships and collaborations with leading brands and retailers. By forging alliances with household names like Aldi, Safeway, and Target, DoorDash ( NASDAQ:DASH ) has cemented its position as the go-to platform for a diverse array of delivery needs. Moreover, with over 150,000 non-restaurant partners spanning industries from beauty to pet care, DoorDash ( NASDAQ:DASH ) has created a vast ecosystem that caters to the varied preferences of its customer base.
Technical Outlook
DoorDash ( NASDAQ:DASH ) stock is trading the 200, 100 and 50- Day Moving Averages (MA) respectively with a weak Relative Strenght Index (RSI) of 21 positioning itself in the oversold region.
#DASH/USDT#DASH
One of the currencies that witnessed a significant decline over the course of two years
The price has been moving in a descending triangle since the beginning of 2022
But recently the price reached a downward trend and is currently being broken
At a price of 33.00
First goal 59.00
Second goal 79.00
This represents 250% of the current price
With significant oversold and upward momentum
We also find that the MACD indicator is highly oversold
All of this supports the descending triangle pattern that has now been broken
We have a big support area on the chart at 25.00
DASH Hello Traders,
As posted last week regarding Dash I was expecting a sharp drop as the leveraged longs were really very high.
Obviously, the whole market in general fell not only Dash, including Bitcoin,Stocks and indices resulting in a strengthening of the dollar and gold driven by the news of the Iran-Israel war but you have to see the whole thing also as a catalyst moment for this kind of technical movements.
At the moment we can accumulate spot to sell at higher levels above 100 usd.
Have a good weekend.
DASHUSDT - Leveraged liquidationsHello traders,
I offer you the chart of daily DASH/USDT with the chart on 3-day basis heatmap of liquidations of leveraged positions.
We will use this chart to structure an unleveraged long trade and go to buy in the green zone using 4/10 of the available equity accumulating to the red zone.
The short-term target is above US$60.
Stop loss under US$22.
In the coming days I will update you on the clusters of long/short positions to update the long targets.
DASH ANALYSIS (3D)The degrees of DASH waves are very large, so we see large ranges on the chart.
By examining the DASH waves, we realized that DASH is in a triangle or a more complicated pattern that we are now in wave C of this hypothetical pattern.
Wave C is a general diametric that now, according to price, intends to complete wave f of C.
By maintaining the green range, it can move towards the completion of the specified waves.
The path we are considering for DASH is as follows.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
DASH/USDT Nearing a Key Supply Zone with Potential for Action? 💎 Attention, Paradisers! We're zoning in on #DASHUSDT as it edges closer to a pivotal supply zone, hinting at possible market dynamics.
💎 On its journey, NASDAQ:DASH has been navigating a descending channel but is now aiming for the supply level at $30.82. The anticipation builds if it breaches the $30.82 mark and manages to maintain momentum above this zone, transforming supply into demand. Such a development holds a strong potential for a bullish trend, provided the price meets these conditions.
💎 For the savvy traders among us, should the climb falter, be on the lookout for a bullish comeback from the demand level at $28.57. A dip below this level might signal a shift towards bearish trends.
💎 Maintain adaptable strategies and remain vigilant, Paradisers. We're all in this together, prepared to navigate the market's fluctuations.🌴💰
DASH is a blockchain that cannon be stopped. Go Dash Bullrun!Dash has grown by 87% in 3 months - this is the first impulse, now the correction of the first wave, there are five of them (Elliott waves) before a deep correction. An asset with a 10-year history with ATH $1,608. When the news comes out it's too late, follow if you agree. The chart shows an example of the Elliott wave of the previous Dash Bullrun
Digibyte: The True Gem of Decentralized CryptoUnveiling Digibyte: The Decentralized Powerhouse of Crypto
In the dynamic world of cryptocurrencies, where innovation and decentralization are prized, Digibyte stands out as a beacon of true decentralization and utility. Established in 2013 by Jared Tate, Digibyte has weathered the storms of the crypto market, emerging as a robust and resilient digital currency.
Decentralization at its Core
At the heart of Digibyte lies its commitment to decentralization. Unlike many cryptocurrencies that claim decentralization but often fall short due to centralizing forces, Digibyte boasts a truly decentralized network. With five mining algorithms employed to secure its blockchain, Digibyte ensures a more equitable distribution of mining power, thwarting the dominance of any single entity. This multi-algorithm approach enhances security and resilience, making the network less susceptible to 51% attacks.
A Rich History and Low Fees
Having been in existence for nearly a decade, Digibyte has proven its longevity and stability in the volatile crypto landscape. One of its standout features is its UTXO (Unspent Transaction Output) model, which enables fast and low-cost transactions. With fees remaining minimal, Digibyte facilitates efficient peer-to-peer transactions, making it an attractive option for both everyday users and businesses alike.
The True Value of Proof of Work (PoW) and Real Use Cases
In an ecosystem often dominated by speculative fervor, Digibyte shines as a cryptocurrency grounded in real-world use cases. Its Proof of Work (PoW) consensus mechanism not only ensures network security but also incentivizes active participation from miners, further bolstering decentralization. Moreover, Digibyte's emphasis on real-world utility, with applications ranging from secure payments to decentralized applications (dApps), underscores its potential for long-term viability.
Charting New Horizons: The Bullish Prospects
Despite facing resistance at the 0.018 level, Digibyte's price trajectory suggests the formation of a potential bull pennant. As the coin consolidates sideways, investors keenly observe the uptrend channel, anticipating a breakout above historical resistance. Should the pennant indeed break upwards, signaling a major bullish run, Digibyte could see significant price appreciation. However, prudent investors may consider potential pullbacks within the old range for strategic re-entry points.
Constant Development and Community Engagement
One of the hallmarks of Digibyte's success lies in its vibrant community and dedicated development team. Active on platforms like Twitter, Digibyte developers consistently engage with the community, providing updates on ongoing developments and fostering a collaborative environment. This commitment to transparency and innovation bodes well for Digibyte's continued growth and adoption.
Conclusion: Digibyte - A Hidden Gem in the Crypto Universe
As the crypto landscape evolves, discerning investors seek assets that embody the principles of decentralization, utility, and long-term value. Digibyte, with its robust decentralized network, low fees, and real-world use cases, epitomizes the essence of a true cryptocurrency gem. While navigating market fluctuations, Digibyte stands poised to carve its niche as a reliable and resilient digital asset, offering investors a compelling addition to their portfolios.
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.