Dash
DASH - Waiting for a base before actingDASH - This one was a bit disappointing last time but it could redeem itself soon as it's possibly making a double bottom.
If we can get a consolidation now, a break to the upside will then be the confirmation needed for me to buy in.
A break above the pink anchored VWAP from the high will be another bullish sign, telling us this reversal could be a sustained one !
So, keep a close watch on this one too!
DASH - 6h. Probable growth of 23%Exactly a month ago, we published a global DASH idea, where we showed two important targets:
Buyers managed to pass the mark of $330 . However, the buyers did not have enough strength to keep the local range of $257-267 . Thus, the DASHUSDT price has reached the critical support zone of $210-230.
At the moment, the DASH price is moving in a clear growth channel and is preparing for a new local impulse. The first target for this coin is at $267 . The ultimate goal is $290.
If buyers fail to hold the mark of $195 , the DASH market will continue to fall with great force with the first local target of $165.
Considering the situation on the BTC market , we do not exclude this scenario:
The DASHBTC chart adds a relative positive on the DASH market:
As you can see, the DASHBTC price has come to an important level and is now consolidating in the liquid zone. While we will not announce a change in the trend, however, a price rollback within the falling channel is quite possible.
_________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
DASH 12h High is nearlyWell, the next forecast price movement has reached its goal, and now it is DASH
On the rise, the DASHUSDT pair easily broke through the $210-230 zone upward and fixed a maximum of $298
After that, there was a rapid fall in the DASHUSD price, but it was also aggressively bought back above the mentioned zone.
Well, now the level $286-289 is the Rubicon
Above it, there will be a chance for growth to $330-340
If they cannot gain a foothold higher in the Rubicon, then we can expect another decline in the DASHUSDT price, to begin with, to the $210-230 zone
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
DASH GOING FOR THE BULLS Dash has barely broken above ZONE A pushing upwards with bullish momentum. According to my analysis it should consolidate a while after breaking ZONE A and closing above it then form a price action pattern like a double bottom. I strongly advice to wait for a candle to be closed and have little retracements or pullbacks. My Target is very close to ZONE B which serves as a nice support for the market 👌. Follow me for more analysis
🔥 DASH In A ChannelIn general, DASH is lagging behind a lot of other cryptos. In the case the bull-run will continue, DASH will surely make up for its current slow behaviour in the future. At the moment, it appears that DASH has bounced from the lower support of the channel and is making its way up again.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
Evidence base trading..!Most newbies make a great pray case for the WOLVES of wall street (venture capitalists).
Please review all the opening days, in last 3 years, soon you will find out you can buy the new stocks, 30-90% cheaper in weeks or months..!
Let wolves and Algorithms rip each other apart, then we will join for the real play.
Quickpost: Dash to more than double before next major pullbackGreetings, a lot is shown on the main chart and there will be one more chart in the post.
Analysis
Nested structures are performing
Falling wedge target is Hight of the wedge
Triangle target is just shy (measured moved not shown for simplicity sake)
Flagpole Target will get us most of the way to full target at the orange trendline
9 Season Rainbow explained on the chart. Deeper explanation found here
Wider Shot (monthly)
MACD EMAs about to cross bullishly
My training and experience leads me to see a rejection/consolidation at the orange trendline
Likewise, expect the orange trendline to be broken and then tested as support
Closing remarks
Money is:
Store of value
Divisible
Fungible
Unit of Account
Bitcoin seeks to be money with an emphasis on store of value. Other coins want to be money but don't empahsize the store of value, they focus on the the fungible/divisible aspect. These are the currency coins and when BTC slows down they will take off as a replacement currency for failing fiat. Just as the normal pattern is for Gold to move first and then silver to over-perform, BTC moves first and then the currency coins like Dash move later.
Dash will Bash, said on 29/01/2021we are expecting a high rise on this altcoin as it was ranging for a while, .
as Bitcoin dominance drops, it will get more power as it is currently accumulating and soon we will see some heavy changes and up rise on this
we have specified the areas of retraces and projection of two bearish and bullish waves
please consider the TP areas
DASHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is in a bearish trend. If it is able to break above the triangle, it will be able to go toward its resistances.
Of course we need to keep an eye on Bitcoin’s price.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
DASH is changing the channel higherDASH looks to be breaking out of a nice wedge (orange lines).
However, what I find even more interesting is DASH also looks like it has an interesting uptrend over the past few months. When I move this trend line to the bottom, it shows our current trend going on right now (green lines). The more interesting part is we are currently at the bottom of the line while also in the middle of a breakout.
This looks pretty promising right now, although also leaves very little margin for further retracement. Should be interesting if it continues the uptrend in the short term, but at least shows some promise.
I have heard some interesting points made by others to the contrary with regard to DASH as of late as well, so I'm also open to others' opinions if you have them.