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Dashusd

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.
POLONIEX:DASHUSD
by crypto_trends
3
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.
Long
by BitcoinGuru
3
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
KRAKEN:DASHUSD
by CryptoDonkie
2
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
by variousCryptos
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. ----- I’m a 23 year old trader with 5 years experience in trading cryptocurrency & forex. My ideas are for educational purposes only. Each & every idea/trade I post is a setup based on a position I myself will take - so I’m always in it with my followers. I post daily updates on how I believe the market will move. If you like my content please like, comment & follow. I love to hear what you guys think, whether your outlook is the same or different to mine its always great to converse in the comments. Let’s surround ourselves with likeminded traders & investors! Have a great day, be patient & profitable!
KRAKEN:DASHUSD
by benjamintrades
4
Dash setting up for more upside Dash has made a solid setup with a potential 13% upside swing trade. A good risk conscious trade might be to buy on a break over 305 with a stop under 288... targeting the 346 area. The downside is nominally significant at 5.4%, however, which should play into sizing (consider being smaller in this trade than a usual setup.) Yet, given the upside of potentially more than 13% a 2.6 R:R justifies taking the trade if you use that variable in your triggers.
COINBASE:DASHUSDLong
by HumbleFutures
Dash ready to go parabolic 🚀Looking for dash to break this trendline in the coming week. Once it breaks then I am expecting it to go parabolic right to ATH within 2 months. Notice how eth made a U-shape on the weekly and once it broke that trendline it went directly to ATH within 2 months. I am expecting dash to do the same. This lines up with dashbtc hitting .02+ this quarter as well. I am predicting an ATH for dash in June. Worst case scenario would be ATH in July. Let me know what you think down below.
POLONIEX:DASHUSDLong
by Mozzi111
13