2 scenarios that I like the look of for $DASH.I think the orange horizontal ray at around the $310 level is going to be the decider as to where we go with dash over the next few days. A close below could indicate we drop back towards the ascending trend line and grey box indicated below.
Or secondly we close above the $310 level and keep riding, then use this level as support for the next move up.
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Dashbtc
Great triangle⚖️Our lovely triangle , wolves🔥
One more interesting formation for today's trading day
There is an Ascending Triangle on DASH/BTC crypto pair.
The price had a confident bearish sentiment before this consolidation.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
So follow the chart and look for the breakout carefully.
According to the situation on the market we do not predict price direction, we should react according to the breakout.
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DASHBTC growth for 4 months.As we can see, within six months the price was falling and only after the new year the price went up. DASHBTC has been showing steady growth for 4 months and is not going to stop. It can be assumed that the rise in prices will continue for a long time and there is a good opportunity to get rich on this.
Now the price bounced off the resistance level of $ 0.0048 and went up. If the price approaches the resistance level of $ 0.0062 and consolidates behind it, it makes sense to take. If the price drops to the support level and bounces back from $ 0.0048, it makes sense to take.
Don't make hasty decisions.
P.S. If you like the idea, subscribe and like it.
Good luck and big profits.
DASHBTC growth for 4 months.As we can see, within six months the price was falling and only after the new year the price went up. DASHBTC has been showing steady growth for 4 months and is not going to stop. It can be assumed that the rise in prices will continue for a long time and there is a good opportunity to get rich on this.
Now the price bounced off the resistance level of $ 0.0048 and went up. If the price approaches the resistance level of $ 0.0062 and consolidates behind it, it makes sense to take. If the price drops to the support level and bounces back from $ 0.0048, it makes sense to take.
Don't make hasty decisions.
P.S. If you like the idea, subscribe and like it.
Good luck and big profits.
DASHBTC falling wedge breakout! 🚀DASHBTC looks like it is breaking a falling wedge that has formed since 2020 (green lines).
Although DASHBTC originally formed and broke out of a smaller wedge during the explosion that happened in February (yellow line), it looks like volume still is not near the higher breakout levels for DASHBTC. Although this could mean a potential fake out, it also could mean there is still a bit of potential for growth if history is any indication of the potential for how far the breakout might extend.
Please leave a comment if you see anything different or like if you agree, but in my opinion, things look to still have potential (although no guarantee) for DASHBTC.
DASHBTC testing 0.005 level as you see from graph after making huge pump on mid of february DASHBTC is trying to pass 0.005 level and cant be able to do it till now. Dominance dropped below 55 and btc is rising huge. So conditions are perfect for going up. Next test for 0.005 will be passed strongly and the way to the ATH will be open. So for the long position you can wait to pass 0.005.
Quickpost: DashBtc looks great on the monthly chartDash continues to show strength against the dollar and against bitcoin and so it becomes just a matter of time before lift off.
The bollinger bands show where we may get some stalling as Dash moves up. Resistance at the baseline is to be expected, and likewise it will take a long term continuation pattern to get us through the bollinger band and to the blow off top that will signal the end of Dash's season.
The RSI has shown a technical double bottom. In our current instance with a lower low on the price action could be considered some subtle bullish divergence. If we do assume a double bottom then we are looking for the RSI to move upward, and that means Dash has to go upward.
The price action has given us a lower low since December 2019 but both the Stochastic and the Stocastic RSI are showing higher lows. This suggest Dash will get some movement to the upside against bitcoin in the next couple of months. Things should really get moving when the K and the D get above 20 on the stochastic.
On the weekly chart we can see downward sloping resistance has turned to support and this is where we see dash consolidation. Very pleasing to the patient.
If I had to pick where we would expect DashBtc to have a major stall against BTC it would be at the 2 level of this fib channel. Maybe the 1.786. Sets up a massive inverse head and shoulders on DashBtc like the one we have been dealing with on ETHBTC.
DASH ready to moon - Altseason 2021 DASH and all privacy coins had a ruff time in the last year. Look at ZEC also...
Bittrex banned them and they scare regulators.
Thats exactly why a lot of people will buy it.
DASH as a great privacy tech and is now one of the most undervalued, once top 20 CMC coin on the market.
Just compare this chart to others that rejoined ATH and are looking to 2-3x it. If DASH only touch ATH its 500% profit.
Look my ZOOM in chart under, it just broke out.
Targets are on chart and its only for the next 3 months. Could go WAY higher.
DYOR and trade safe!
DASHBTC wedge topI mentioned a little over a week ago how DASH looked to be heading upward, but now it looks to have reached the top of a wedge that has been forming since the last breakout.
MACD however looks to be treading well since the last dip. If the upward trend continues, DASHBTC has the potential to breakout to the larger, long-term wedge forming since early 2020 (blue lines). If that were to break upward, that could potentially be a very good sign for Dash.
However, there is also a bit of potential for a push back from either wedge. Either way, it looks to be something interesting to keep an eye on over the next few days.