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Dash

#DASH Recovers after Dropping 11%, Support Lies at $55Past Performance of DASH Like the rest of the markets, DASH prices are recovering, pushing higher at spot rates. This follows a cool-off from March highs that saw the coin drop 11%. Presently, the immediate support line lies at around $55. Since yesterday's bar is wide-ranging and bullish, traders may look to accumulate on every attempt. However, more opportunities could be above BMV:60 , opening the door for continuation above HKEX:65 in the days ahead. #DASH Price Analysis The retracement from HKEX:65 was with light volumes after a sharp leg up from mid-March. With DASH finding support at HKEX:55 and rebounding higher in a three-bar formation, traders can look for opportunities. Since yesterday's bar has high volumes, there are hints that price action is aligning with buyers from mid-March. Accordingly, traders can begin buying on dips, in line with buyers of March 12 and 13, with targets at the climactic bar of March 23. Any unexpected retracement below HKEX:55 cancels this preview, even forcing DASH toward $50. What to Expect from #DASH? DASH prices may be in the early stage of recovery after a cool-off from March peaks. Even though prices may push higher, it is ideal that the push is with expanding volumes to support optimistic buyers. A close above BMV:60 may be ideal, founding the base for HKEX:65 in short to medium term. Resistance level to watch out for: BMV:60 Support level to watch out for: HKEX:55 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#DASH Uptrend Valid Despite 30% Correction from February HighPast Performance of DASH Following steep losses on March 15, DASH remains under pressure. The short-term trend is bearish, and prices are inside a bull flag. For this to change, prices must break above the descending channel, piercing above $60 with increasing participation. #DASH Technical Analysis DASH is within a bear formation at spot rates. As it is, resistance remains at $60 while support lies at $45. Though the March 15 bar is engulfing and bearish, it is with light volumes. At the same time, the primary trend is bullish, defined by gains from November to February 2023. To illustrate, DASH support at $45 marks the 78.6% Fibonacci retracement level. For buyers to swing back to contention, there must be comprehensive gains above $60. Therefore, conservative traders can wait, aware that gains above $60 may lift DASH towards $75 in the near term. What to Expect from #DASH? DASH is technically bullish from a top-down preview despite the 30% drop to spot levels. This preview holds provided prices are above $45 and every correction from February highs is with decreasing volumes. Resistance level to watch out for: $60 Support level to watch out for: $45 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#DASHUSD - Big Drop are Coming Over the Next Few WeeksAfter a rejection off a historically strong trend line, getting a strong Sell signal from CTv2 and dropping below a previous level of support, we're thinking #DASH is about to drop! The next area of support would indicate and price decline of around 15-35%, that's rather huge! _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
KRAKEN:DASHUSDShort
by theCrypster
8
Bitcoin Stops at resistance as USD Turns Higher For Correction Cryptocurrencies slowed down recently as USD index turns higher for a correction because of inflation concerns. We see USD index in a temporary recovery, means that at some point we will expect more weakness as we think that major top for the dollar has been put in place in 2022. However, there cna be some short-term pullbacks on BTCUSD and DASH as I will look in this video, but think there will be long opportunities on dips. Have a nice weekend. Grega
BITSTAMP:BTCUSD
by ew-forecast
9
DASH DoorDash Options Ahead of EarningsAfter the record users and orders in the pandemic: Now DASH is threatened by UBER eats and other food delivery apps while orders are declining thanks to the covid restrictions lift. Looking at the DASH DoorDash options chain ahead of earnings , I would buy the $55 strike price Puts with 2023-3-17 expiration date for about $4.40 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. If you want to buy it for the long run, after these earnings retracement, it might not be a bad idea. Food delivery is here to stay! Looking forward to read your opinion about it.
DShort
by TopgOptions
DSHUSD Potential For Bullish Rise | 23rd February 2023Looking at the H4 chart, my overall bias for DSHUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 64.03, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 58.33, where the previous overlap support is. Take profit will be at 85.30 where the overlap resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BITFINEX:DSHUSDLong
by FXCM
ArShevelev /// Promising price action of the DASH during SummerThe Dash cryptocurrency has been steadily gaining in value since its launch in 2014. Summer 2023 is set to be an exciting time for the DASH cryptocurrency. With the launch of the DashPay social payment app, I am are expecting a promising price action of the DASHUSDT. This will be a great opportunity for those looking to invest in cryptocurrency as DashPay app is expected to be a game-changer in the crypto space. The DashPay promises to provide users with an easy and secure way to transact using all advantages of social networks. It also aims to make it easier for users to store, send, and receive dash. As more people become aware of this new app, it's likely that we'll see an increase in demand for DASHUSDT, leading to a promising price action during Summer 2023.
Long
by ArShevelev
4
DASHUSD golden cross; testing inv h&s neckline If it can sustain the golden cross then it should validate this inv h&s breakout and head to the $70 target. We can see it has already broke above the neckline once need to see it back above again and maybe close a weekly candle or 2 above it. On its way to the 70 dollar target it would create bigger inv h&s patterns/necklines along the way that would also most likely confirm a breakout from and lead to even bigger targets but we must take this one step at a time first….as of now we haven’t even confirmed this first one will breakout just yet. *not financial advice*
KRAKEN:DASHUSD
by DrDovetail
#DASH Remains Bullish, Support at August 2022 High At $58Past Performance of DASH DASH prices have more than doubled at spot rates. Changing hands at over $60, the coin is within a bullish breakout formation. The rejection of lower prices as bulls force prices higher above last week's highs point to demand and confidence on buyers' part. The uptrend is firm as long as DASH is trading above August 2022 highs. #DASH Technical Analysis Traders are confident. After yesterday's surge, and rewinding losses of the weekend, the uptrend formation has been confirmed. Subsequently, traders may find entries on every dip inside the February 6 trade range but above $58 to buy the dip. Based on this candlestick arrangement, the next target will be around $75 or May 11 high. Conversely, losses below August highs may force a sell-off toward $50. What to Expect from #DASH? DASH has been firm in the past three months, bottoming up from 2022 lows. In a bullish breakout formation, traders expect even more gains ahead. Nonetheless, this preview holds water only if $58 holds and DASH rejects any attempt of lower lows. Resistance level to watch out for: $75 Support level to watch out for: $58 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
DASH - BULLISH SCENARIOHeadquartered in San Francisco, California, DoorDash, Inc. is an online food delivery platform. It provides an online marketplace where merchants can leverage the company’s platform to market and sell their products. The company recently announced a new partnership with Starbucks. DASH will deliver food and drinks in Northern California, Texas, Georgia, Florida, and elsewhere. The price is heading for a re-test of the resistance. If a breakout occurs, the next stop will be the $82 local price level. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
DLong
by legacyFXofficial
1
DASHUSD - Predict a 14% Fall From Distribution ZoneThere's a very long descending line of resistance going all the way back to early 2021 - this has been tested a few times historically and the price has failed to push through on every occasion. Once again this level has been tested in the past few days and again it seems to have rebounded to the downside; we do however have a nice level of consolidation to help us predict how fast and how far the price may drop. We're setting our target at the level shown, a nice 14% below the Short entry as illustrated to the bottom of the given channel.
KRAKEN:DASHUSDShort
by theCrypster
2