Dash
Dashcoin DASH price "rose from the dead"Today is a global review of the DASHUSDT trading pair.
Probably, few of the current participants of the cryptocurrency market remember this, but at the end of 2017 and the beginning of 2018, at the absolute highs, Dashcoin cost almost $1500.
And then dark times began for Dash investors. For 5 long years, the price has been moving in a wide sideways direction, without a clear growth trend. And the other day DASH price updated the absolute minimum of the last 5 years.
But tonight a miracle happened that made us remember that DASH still exists - a price increase of +30% in less than a day.
What's next, you ask?
Growth not above the liquidity zone of $50-55, we will answer.
As you can see from the history of DASHUSD trading, the liquidity zone of $50-55 has always played the role of support, but now it already acts as a resistance level. Therefore, we hardly believe that this liquidity zone will break up the first time.
Yes, in the medium and long term, there is a fairly good chance that the DASH price will be in the region of $105-115 , but it is definitely not already now.
Therefore, if you want to hodl an "anonymous" coin in your crypto investment portfolio, we recommend taking a closer look at Monero
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DASH/USDT : Formed a tweezer topBINANCE:DASHUSDTPERP BINANCE:DASHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$DASH has formed a tweezer top here (Not a complete one) and there're two highs to look for...
I'll set a SHORT here with targets located on the each low and the last one acts as a EQ lows (Equal Lows).
You can set stop-loss on the current high or the higher one at $50.60!
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
#DASH Reverse November Losses, Surge 50% as Buyers Target $50Past Performance of DASH
DASH is firm at spot rates. As an illustration, the coin is up five percent in the past 24 hours and 50 percent from November 2022 lows. In a breakout formation above the bear flag, there could be more upsides in the short term as buyers target $50.
#DASH Technical Analysis
Prices soared on January 4, looking at the daily chart. Because of this, DASH buyers added to their longs, reversing the losses of early November. Aggressive traders can look to double down, adding their longs as long as prices are held above the support trend line and $40. Their immediate target could be $50 and later $57, or August 2022 highs. Any contrarian formation will question the strength of the uptrend, drawing sellers from November 8 and 9, bars that continue to shape the present formation from an effort-versus-result perspective.
What to Expect from #DASH?
Bulls are upbeat and expect more. Following yesterday's gains, buyers may be in for more upsides as prices retest critical resistance lines in the short term.
Resistance level to watch out for: $50
Support level to watch out for: $40
Disclaimer: Opinions expressed are not investment advice. Do your research.
✴️ Will Dash Lead The Altcoins? Merry Christmas/Happy Holidays!While everything is on a stand-still, literally, suddenly all movement stops and everything went sideways, Dash might be giving us a tiny clue.
We can see bitcoin, the Merge, Binance Coin, Tezos and many other major altcoins all trading below the EMAs, looking weak.
Dash has been growing very slowly also in the past five days but managed to close daily above EMA10/21 and EMA50 with a bullish RSI.
The trading volume is low but even though this is an encouraging signal for next week.
Merry Christmas 🎄 /Happy Holidays 🎉... That's the main reason why nothing is moving until next week.
Namaste.
DASH prediction for the end of the yearThis week we have the CPI report and the FED meeting. I expect the stock market to go down and cypto to fallow it.
My price target for DASH for the end of the year are the following:
DASH/USDT short
Entry Range: $45 - 50
Price Target 1: $41
Price Target 2: $38
Price Target 3: $32
Stop Loss: $55
DASH SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT 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
Dash: Rising Wedge Supply EntranceDash may be inching more and more toward a pullback. This is due to a steady climb of higher highs & lows in a wedge-like structure with supply bars entering at the key juncture of microtrend support. If this support is unable to hold, we may be revisiting the Fibonacci retracements as we make our way back down to mitigate the supply LV at 1.618% and possibly the 2% and beyond. It's worth keeping an eye on because at some point smart money will be taking profit from the recent price hikes Dash exhibited.
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*Not financial advice. DYOR and trade at your own risk.
The general situation of Dash currencyHI GUYZ
In this post, we will check the general situation of Dash currency.
As shown in the chart, we are generally in a bearish trend as indicated by the daily trend line.At the end of the trend we saw the formation of a triangle pattern with an unusual breakout out of it and retouching the area that was once touched as a shadow.
After this unknown failure, the buyers acted more successfully and by entering the appropriate capital, they were able to start the correction process towards the trend line.
If we examine the smaller time frame, we also see a bullish angle pattern, which is usually associated with a downward breakout.
Confirmation of this channel can also be obtained by placing chart settings on the line (O+H+L+C/4)chart.
So, in general, I expect the price to return after the price hits the trend line or the specified area, and in the event of a valid failure of these areas, the price will have conditions for growth up to the $90 area, otherwise, we should wait for lower price floors. was also.
Note that this is a general analysis and to take a sell position, one should look for a suitable entry zone that matches the general analysis
Dash vs Bitcoin Breaks Downtrend | 2023 Goes Bullish!Dash managed to break out of a major downtrend that started in May 2021.
DASHBTC hit a low in June this year and then went sideways...
This sideways phase we call consolidation or accumulation.
We are looking at the weekly timeframe so you know the signals here are very strong.
The breakout is confirmed as DASHBTC moved and closed above EMA50 last week.
The doors are open for mid-term growth above EMA50, that is 1-3 months of bullish action possible above this level.
It can also easily pierced through the red cloud.
We will start 2023 GREEN.
...What do you think?
Namaste.
DASHUSD - Descending Broadening Wedge On the Dash chart, a descending broadening wedge has appeared (1h-timeframe).
A descending broadening wedge is a bullish reversal pattern. The trade can be entered once the price breaks out of the pattern to the upside. The target is the height of point B.
At the moment the price is overbought when looking at the RSI. In our opinion, the price is going to drop a little bit. After that, it could be possible that the price is going to break out straight away or it might retest. This is the reason why there're two paths drawn on the chart.
See all further details on the chart.
Goodluck!
DASH May Have Found The Strong SupportDASH may have found the strong support, as we see it recovering within an impulsive five-wave cycle from Elliott wave perspective.
DASH with ticker DSHUSD is bouncing strongly and in an impulsive fashion away from the lows and it’s just about to break channel resistance line. It means that ending diagonal within wave 5 of (C) on a daily chart can be completed and bottom already in place, however, keep in mind that first bullish evidence is only above 69 region.
In the 4-hour chart we are tracking now a minimum three-wave (A)/(1)-(B)/(2)-(C)/(3) recovery that can send the price higher within wave (C) or maybe even wave (3), but ideally after a pullback in wave (B)/(2) which may show up as soon as it completes a five-wave rally within wave (A)/(1).
Happy trading!
Dash Breaks Downtrend, Conquers MA200 (Additional 60% Possible!)Look at this one... What do we have here?
Dash vs Tether (DASHUSDT) is looking really good right now after it recovered from the recent November crash/low.
The first data point to look at on this chart is the downtrend from the August high.
This downtrend has been broken.
We also have a stop-loss hunt event which has been fully nullified.
There was a crash followed by a fast and strong recovery.
Finally, we see DASHUSDT growing above MA200, which is our long-term potential measuring indicator.
All these signals open the doors for additional growth.
25% Is the easy target.
60%+ Can end as the next high for this current move.
The charts can always change... We already know this.
Make sure to plan ahead.
I am wishing you much love, good luck, health, wealth and success... Always!
Namaste.