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.
Dashbtc
Dash coin formed a bullish Gartley | A good buy opportunityHi dear friends, hope you are well, and welcome to the new update on Dash coin.
Previously I shared a long-term trade setup for DASH, which is still in play as below:
Now on a 4-hry time frame, DASH has formed a bullish Gartley pattern for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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 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.
Dash/BTC long term breakout?It is starting to look like BINANCE:DASHBTC is breaking out of a long term down trend.
A back test of the trend line or the 200 day SMA, which ever is higher, is likely and if that level holds and price continues higher then it should confirm this reversal. Of course Dash tends to have very emotional swings like many other cryptocurrencies and that back test may not come, it's just in my mind that would be an ideal point to jump in.
DASH has been up 26% in the last 24 hours!DASH has been up 26% in the last 24 hours. Its price fluctuates in a medium-term downward channel in the daily time frame. The support that took place in the market the day before caused the price of Dash currency to make a good return from the bottom of this channel. A support area is considered in the range of 37.13 to 38.85 dollars; if Bitcoin continues its short-term upward movement after a correction, we can expect a positive reaction from this support range. In this case, the next target that can be considered is in the range of 54 to 57 dollars. In this case, the ceiling of the descending channel can be broken, and we can expect a pullback to the ceiling of the channel.
DASH made 14% today. What's next?Hello, dear TradingView members.
This is a DASH idea.
The price has made a 14% pump today and got rejected by the local resistance price area.
It is now sitting on local support and looks like it's holding.
There are two support levels on the way down and two resistance levels on the way up.
There are two possible scenarios:
Scenario one:
The price gets more support and buy volumes and goes back up to retest the resistance levels.
Scenario two:
The price gets rejected again and falls on the lower support levels.
If you want to open long positions, it's wise to wait for the price to break the local resistance price zone and then open your trades.
RSI is oversold, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
XMR still in long term uptrend against DASH and ZECEven though XMR has shown short-term weakness against some coins in the privacy vertical they still have a way to go before they can challenge XMR's long-established upward channel against them.
I expect oscillation along the channel and would be surprised if they venture into the blue bands. Provided no fundamental change takes place any venture into the blue bands above or below should present a trading opportunity.
DASH Analysis 04/10/2022DASH is holding above the strong daily demand zone and also moving in a falling wedge. Its RSI is in the oversold region.
Technically falling wedge is a bullish pattern and we've to keep an eye on a successful breakout, which will confirm a bullish move in DASHUSDT.
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MetaFutures
DASH reached it's accumulation level$DASH reached horizontal accumulation level since 2017.
Great time to buy some.
If price bounces from current level most likely it will revisit ~$470 level of (May 2021) or might even go to ~$1000 (and make W pattern).
However keep it mind that further downside still possible.
Not financial advice.
Good luck!
$6K Per Coin, Then $34k Per CoinUsing the Fibonacci Retracement we should see Dash push to $6k per coin during the next bull run. However, there is an even more bullish scenario for Dash if the 5 wave Elliot Structure holds true in a super cycle. In which case, we could see Dash trading for $34k per coin
Dash vs Bitcoin Update (Increasing Volume)We are looking at Dash vs Bitcoin (DASHBTC) since the older major altcoins are preparing for a nice bullish wave.
Here we can see a strong breakout around 13-June with really high volume.
After the 24-June peak a retrace took place and now DASHBTC is trading within an accumulation range.
We can see high volume on 30-June and 11-July (Yesterday).
Just as we mentioned with ETCBTC (see Related Ideas below), the Fib. retracement levels work as support.
We have the 0.5 Fib. but also the 0.618 which is normally the stronger one.
The market can bounce at any of these levels or continue lower...
While above these levels, we stay bullish though.
If prices move below our support, then the chart setup is lost and we have to find a new one or wait for a new setup to develop...
We don't buy/trade nor recommend buying/trading all the charts we share here.
We share many different charts because we have many different readers.
We focus on the bottomed out altcoins, near support which translates into low risk and high potential rewards.
There is always risks involved...
We just make sure that the risk is low with a tight stop-loss.
We aim high to go higher.
Thanks for the support.
Namaste.
Dash Short-Term (10% Target Mapped)DASHBTC went through a retrace after a bullish breakout and is likely to resume higher.
The retrace pushed prices above the 0.5 Fib. retracement level for the 13-June wave.
If the market is strong, it can recovery and resume up.
The RSI is bullish and we have a gap, marked red on the chart, that's our target.
Namaste.
Dash coin has formed a huge Gartley for upto 1187% big moveHi dear patrons, hope you are well, and welcome to the new update on Dash coin.
Previously we had a nice harmonic trade on a monthly time frame:
Now again on the monthly time frame, Dash has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
DASH Will Not Stay BehindThis is the last one for today, DASHBTC.
We have a descending channel and also a support level turned resistance;
Once these two are taken out, DASHBTC can grow strong.
The stage is set.
We are bullish 100%.
Thank you for reading.
I know it is a lot to take in.
I hope you are enjoying the content.
Namaste.