Dashusd
MY NOT SO MINIMALIST CHART ANALYSIS FOR $DASH$DASH - DASH ON A DAILY CHART
5.8.21 1408H +8 PACIFIC
MY NO SO MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS.
So do I go on a Ride into The Second Swing or not?
Who knows what the market will do in a few hours or so.
Am I 100% prepared? Yes. Am I 100% sure of my forecast? No. Will I have a heart attack if expectations are not met? No.
Then, I can live to fight another day? Yes. Lol!
So the answer to the first question is a big, YES!
Happy Trading and I Thank my Mentor for all the heart aches that I do not have to go through. You are a blessing!
Note:
This is not a piece of financial advice.
I am just a student and still learning.
Adjustments will be made in
accordance with The Dynamics of the
Market along with its Trading Psychology.
Postings done most of the time will be
delayed, as it takes time for me to finish
on several assets.
Updates will be posted religiously if time
permits.
MY MINIMALIST CHART ANALYSIS FOR $DASH$DASH - DASH ON A DAILY CHART
5.9.21 0901H +8 PACIFIC
GOING BACK TO MINIMALISM
I am Back to Minimalism. Sorry I made a mistake in my previous published idea on $DASH
I should have not placed an ABC PATTERN, since patterns are dependent on corrections and extensions, from ABC,ABCDE,XYZ,AB=CD and so forth.
The minimal use of tools that I am learning are range boxes that can visually show me areas of minor and major corrections via large and small range boxes.
Fib levels are done just to check on top up areas adding new stop losses and targets connected to my primary target, which is the large swing.
On this chart I placed Fib levels only as an example, that the range boxes being laid out upon determining a good entry point for an up swing determines such moves in advance. Having said so,
I will not complicate things and stick to a minimalist approach to trading that is easy for me and fits my trading psychology and risk appetite.
I would like to thank my Mentor for all the blessings of wisdom, God Bless You!
Happy Trading Everyone!
Note:
Run your Fibs at top and bottom of
the big and small range boxes together
with your chart for your targets.
This is not a piece of financial advice.
I am just a student and still learning.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings done most of the time will be
delayed, as it takes time for me to finish
on several assets.
Updates will be posted religiously if time
permits.
Great buy opportunity in DASH🚀Hello guys
As we can see price was successfully breakout and retested $522 area and currently forming a Bullish Engulfing pattern.
- Wait for the Candle closure forming Bullish engulfing pattern.
- Put your Stop Loss below the Green Resistance turned Support area.
- Take Profit: 516.80 usd or Trail it with a Trailing SL.
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DASHUSD inside a strong bullish price channel.
= 1H .. the top of an uptrend.
_____
Three scenarios:
= First: Continuing and exceeding 417.42 goes to 450.63__483.17.
Second: a drop to 383.58 and then a change to the top, which goes to the same goals
Third: a drop to 351.31, then a change to the top that goes to the same goals
DASH : WAITING SUPER PUMP IN RETEST PREVIOUS RESISTANCE - LONG🔔Welcome back Traders, Investors, and Community!
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DASHUSD: Where could be an entry or re-entry zone?Hello my friends!
Dash represents a good and fast payment technology. It is also one of my favorites. Currently, there are good entry and re-entry zones. The B zone seems to me to be the most likely. If the price falls below 181, a correction at around 100 is possible. However, that seems unlikely to me.
--
Let's see what happens.
Happy trading. :-)
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second view:
DASH vs LTC, will DASH ever retain its former glory?Over the past few days, DASH and LTC breakouts have surprised quite a few as the price of BTC has slipped back and forth after trying to recover back to its recent all-time-high. However, in my opinion the long-term logarithmic trend is the more interesting trend to watch between these two veteran cryptocurrencies.
Over the past few years, a descending channel has formed in favor of Litecoin in the DASH/LTC relationship (as represented by the blue lines). However, Dash has been looking to challenge this trend consistently for the past year. Now it looks as though a long-term wedge (pennant?) may have formed as well after a steep downtrend occurred for DASH at the beginning of 2021, and it now appears as though Dash might be attempting a break out over the next few weeks/months. Whether DASH will successfully break out however is anyone's guess.
I should note as well that although the price of LTC and DASH are nearly identical today, DASH at one point was nearly 27 times the price of LTC (this is the logarithmic chart after all)! Hence it should be interesting to see if DASH is able to compete in any way near its former glory. In the meantime it looks to be an interesting pair to watch to see if either a breakout occurs anytime soon for DASH or if LTC might takeover in the long-term relationship.
As always, this is solely my opinion and should not be considered in any way as financial advice. But please like or comment if you agree or or have any opinions, especially if you are a Dash or Litecoin aficionado.
The DASH DASHUSD Road Towards the Megabull - Up to 5,000% GainsHey guys!
I got couple of days of free time to continue publishing free long-term charts for ALTSCOINs, so hit that Like and Follow buttons to receive the latest notifications about my updates. Anyways, now lets get started!
This simple comparison seeks to compare the Megabull of 2017 against the current 2021 Megabull as seen as a potential/approximate green path we may follow in this round towards the final ATH. The idea here is pretty straightforward, on the long-term log scale charts, any asset or stock will be bound most of the time within a parallel bull channel. Similarly, I believe the bottom of the bull parallel channel has been well defined through the years, hence the top of the channel should give us a good idea of the ATH targets.
Short-term, DASH has still not broken the previous ATH at $1,600~ so buying know at $400 is still considered an early entry!
In the incoming weeks, I would expect DASH to start defining a short-term bull parallel channel or ascending channel which will be the road to either the $10,000 first Megabull target or the second Megabull target at $18,000-20,000 around Nov-Dec 2021.
Summary of the Megabull / Bull Market Targets by Oct-Dec 2021:
$8,000-10,000 (2,500% gains possible)
$18,000-20,000 (5,000% gains possible)
Looking ahead at the next bear market, we can expect the final bottom to shape a nice rounding bottom at $1,200-1,900 on DASH!
Bottom line, if you purchase DASH close to the $400 levels, you still can make between 2,500 to 5,000% in gains if this trade plays out as expected.
Best of luck and happy trading!
Carl M.
DASH USDT support and resistance#DASH #DASHUSD #DASHUSDT #binance #trading #cryptocurrency
I was expecting another general price correction.
But some coins have reached a point where there is no resistance.
And that's why growth has accelerated.
It may DASH have the same process, so be careful to re-enter the right places.
The best guide : If DASHBTC crosses 0.0088 , it will definitely climb to 0.015 and even higher.
DASH AnalysisGoodmorning Traders,
A colleague asked me to look at Dash-USD
I thought it might be nice to explain how I sometimes confirm a trade for either opening or closing.
I know the chart looks busy, but in chronological order, Ill explain my steps. Marked by the symbols +/- or neutral
- First look at the levels on Daily for support and resistance, potential stop area, and targets / neutral score
- Look for candle formations and shapes > Double Top potentially forming -
- MACD and DMI still have bullish indications +
- RSI is not at an extremely nice level for strength, hence the rejection so far of the previous high. So be wary of the strength in the market for a hard push -
- The last step was to have a larger timeline Fibonacci overlay, which confirms our levels both in support and resistance zones and for future potential targets
Conclusion: wait for more clarity before opening a position, if you already in DASH monitor your position closely.
Sometimes logic (double top) doesn't mean anything in crypto. Most often it does do> risk/reward ratio. Which is not positive atm.
Wait and be patient, don't chase money. Let the trade come to your conditions, where to a certain degree you can control risk.
Best of luck
DASH ready to run!DASH about to take off?
Recently broke above an area of resistance it has been under for a very very long time.
Appears to be completing a cup and handle formation.
Runs very fast once it gets going.
Could be a good time to enter a long position. Potential targets above.
I hope you find this helpful. If you want more on potential trade-set ups or anything else please comment and let me know.
Also, I’m going to try and chart coins against BTC if at all possible. The reason being that if a coin isn’t out-pacing BTC then you should just be buying BTC instead.
COINBASE:DASHBTC