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 :
○ Strong community
○ Low marketcap 374,96 K
○ 11.69 M current circulation supply
○ All time high 1,600k USD
Dash
DoorDash Faces Profitability Pressure Amid Rising Labor CostsThe delivery giant DoorDash ( NASDAQ:DASH ) has found itself navigating turbulent waters as it grapples with the aftermath of increased labor costs and regulatory challenges. Despite a surge in delivery orders, the company's profit outlook for Q1 falls short of Wall Street expectations, leading to a notable drop in its shares.
Rising Labor Costs and Regulatory Hurdles:
DoorDash's ( NASDAQ:DASH ) recent decision to raise minimum pay for its delivery workers, in compliance with new regulations, has resulted in higher labor costs. This move, while essential for ensuring fair compensation for gig workers, has put a dent in the company's profitability metrics for the first quarter. Chief Financial Officer Ravi Inukonda acknowledged these challenges, noting that DoorDash ( NASDAQ:DASH ) is absorbing some of the regulatory costs in Q1, with expectations of a gradual decrease over time. However, the immediate impact on profitability cannot be overlooked, as evidenced by the company's revised outlook.
Expansion and Marketing Initiatives:
To offset the impact of rising costs and maintain its competitive edge, DoorDash ( NASDAQ:DASH ) has been aggressively expanding its services beyond traditional restaurant delivery. The company's foray into grocery, convenience, and alcohol delivery reflects a strategic pivot aimed at capturing a broader market share. However, this expansion comes at a significant cost, as evidenced by the 9.3% increase in total costs and expenses in the fourth quarter. Moreover, DoorDash's ( NASDAQ:DASH ) heavy investment in marketing further underscores its commitment to attracting and retaining customers amidst intensifying competition in the delivery space.
Market Response and Comparison with Competitors:
The market response to DoorDash's ( NASDAQ:DASH ) Q1 outlook has been palpable, with shares falling over 8% in extended trading. Analysts have noted that expectations may have been inflated, particularly in light of rival Uber's recent earnings report. While Uber's delivery segment witnessed a modest 6% revenue growth, its announcement of a $7 billion share buyback sent its stock soaring to a record high. In response, DoorDash ( NASDAQ:DASH ) has also announced plans for a share buyback of up to $1.1 billion this year, signaling confidence in its long-term prospects despite short-term challenges.
Outlook and Growth Projections:
Despite the near-term profitability concerns, DoorDash ( NASDAQ:DASH ) remains optimistic about its future trajectory. The company reported a significant increase in total orders and revenue for the December quarter, indicating robust demand for its services. Moreover, DoorDash ( NASDAQ:DASH ) expects gross order value (GOV) to reach between $74 billion and $78 billion in 2024, representing substantial growth potential compared to $66.8 billion in 2023. These projections underscore DoorDash's ( NASDAQ:DASH ) confidence in its ability to capitalize on evolving consumer preferences and market dynamics.
Conclusion:
DoorDash's ( NASDAQ:DASH ) journey towards sustained profitability is fraught with challenges, including rising labor costs and heightened competition. However, the company's strategic initiatives aimed at diversification and expansion position it well for long-term success. As it navigates through the complexities of the delivery landscape, DoorDash ( NASDAQ:DASH ) remains steadfast in its commitment to delivering value to customers, investors, and stakeholders alike.
DASHUSDT most likely is going to continue to go upDASHUSDT most likely is going to continue to go up. There are 2 resistances in front of the price which I mentioned below.
🔵Entry Zone 28.96 - 28.21
🔴SL 26.78
🟢TP1 32.12
🟢TP2 34.59
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UBER rising after VWAP bounce LONGUBER on a 30 minute time frame chart crossed over an anchored VWAP about January 25 and
topped January 30th then retested the slowly rising mean anchored VWAP in a double bottom
fashion on the following day. The relative strength indicator is in the 65-75 range and the zero
lag MACD cycling mostly above the horizontal zero level. I see UBER as suitably setup for
a swing trade long when it is near to the bottom of the support trendline in the ascending
megaphone pattern.
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!
"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.
DASH IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the DASH symbol.
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
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 ⚡ Ready for melting the World 🌍 .
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.
DASH/USDT - Dash: TD Sequential◳◱ On the $DASH/ CRYPTOCAP:USDT chart, the Td Sequential pattern suggests momentum building up for a significant move. Traders might observe resistance around 36.84 | 41.97 | 50.17 and support near 28.64 | 25.57 | 17.37. Entering trades at 29.44 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Dash
▣ Rank: 168
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Payments - Currencies
▣ Overview: Dash is a fork of Bitcoin that focuses on the payments use case. It has introduced a number of features to the industry including masternodes, LLMQs, ChainLocks, and InstantSend, which target scalability, speed, reliability, cost-effectiveness, and user experience. The Dash network is also the longest-running decentralized autonomous organization, utilizing on-chain governance to allocate network resources toward projects and organizations that support the network.
◰◲ Technical Metrics :
▣ Mrkt Price: 29.44 ₮
▣ 24HVol: 4,321,670.410 ₮
▣ 24H Chng: 0.65%
▣ 7-Days Chng: -10.91%
▣ 1-Month Chng: -8.13%
▣ 3-Months Chng: 9.58%
◲◰ Pivot Points - Levels :
◥ Resistance: 36.84 | 41.97 | 50.17
◢ Support: 28.64 | 25.57 | 17.37
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: -0.79
▣ Last 90D: 0.85
▣ Last 1-Y: -0.24
▣ Last 3-Y: 0.18
◲◰ Volatility :
▣ Last 30D: 0.82
▣ Last 90D: 0.63
▣ Last 1-Y: 0.70
▣ Last 3-Y: 1.07
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.40 - Bearish
▣ In-depth DASHUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Dash Setup - Short Idea - Trade #001 - Test EntryTrade #001
"Render therefore unto Caesar the things which are Caesar's; and unto God the things that are God's."
Matthew 22:14-22
__________________________________________________________
This is my first public post on Tradingview in several years. I've still been trading; I just haven't posted my setups here, and I had some personal things to tend to. In 2024, I will be back posting 100%.
I threw about 50% of my prior strategy into the trash, and I have switched from intra-day trading to swing trading. It was profitable, but it was too complicated for me to follow clearly. My new strategy is very simple, I lose more but it's much easier on the brain. Here you go:
- Harmonic
- RSI Divergence
- Liquidity-based entry
- Target 38.2% pattern retrace
(Rinse and repeat)
Here is THIS setup:
DASH/USD
Right now this is a test entry, I'm building data on cryptocurrencies as a I look to expand outside of Forex.We have a bearish ABCD, bearish divergence, and liquidity signal.
Stay true,
Gio Pasquale
"A man's life consisteth not in the abundance of the things which he possesseth."
DASH/USDT Breaking Descending Channel? DASH Analysis💎Paradisers, get ready for a potential trading prospect with DASHUSDT. It's currently exhibiting interesting activity within a descending channel, indicating a possible shift towards an upward trend.
💎DASH has been diligently tracing a descending channel pattern. Should it break above this channel, we anticipate it to target liquidity up to a resistance level, followed by a swift retraction, staying true to its channel pattern.
💎There's a strong likelihood of a bullish movement starting from the support mark around $33.5. Once DASH successfully exits the descending channel in an upward direction, it's expected to aim for resistance levels near $43.17.
💎 Timing is of the essence for astute Paradisers. Identifying the best entry points during this ascent is key, and it's wise to steer clear of entering at the height of the rise.
💎Be cautious, as there's also a chance of DASH descending below the $24.36 support level. A fall beneath this critical point may raise questions about the sustainability of the upward trend.
DASH | Long entry. Entry range $43-41Long entry. Entry range $43-41
Analysis of the chart and indicators showed that the coin is preparing to move down. I put a limit order and wait for the instrument to go to the levels of 41-43 dollars. When going to these levels, I will make a further forecast. Stay tuned for more ideas.
has monero bottomed on btc and usd pair?xmr has touched the bottom channel and find supports on the 50 moving average.
looking at my other xmr charts and and an area of resistance i previously highlighted in both has proven difficult to break past.
the btc pair now looks to be breaking that resistance and that alongside the usd pair in its position im bullish and ask are we going to see a merry xmas $800 xmr?
dash preparing for massive recovery seems like dash has already bottomed out and preparing for massive recovery
formed falling wedge and approaching towards multi year trendline expecting breakout soon incase of successful breakout expecting massive bullish rally
incase of successful breakout expecting 180 to 200% bullish wave
DASH/USDT upward momentum?? 👀 🚀 DASH Today Analysis💎 Paradisers, take note! DASHUSDT is presenting an exciting opportunity as it seems to be gearing up for a bullish move, maintaining key support.
💎 For the past few weeks, DASH has been trading within a confined range and is now on the brink of breaking out of a strong descending trendline that has been acting as resistance. Above, there is a clear supply zone and imbalance. It's highly probable that the price will mitigate that level shortly.
💎 However, there’s another scenario to consider. If the price breaks below the support, a significant downward move is expected. In the case of a downward continuation, plan your short entry wisely, keeping a 1.75% stop loss in both scenarios.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay vigilant and trade smartly!