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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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.
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Dashusd
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.
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.
Will your hopes be DASH ed? OR DAre SHall I say CHA-CHINGAfter being hyped by some big players, DASH has shot up..... However, what must go up, must come down... Well, except if you live in the magical, mystical crypto land. Watch carefully the little red target. There's a probable retracement down to the next Fibonacci level. From that point, there will likely be a rapid move in either direction to a previous price level.
A good strategy might be scaling in a buy as sellers panic (hoping to buy in on the cheap). Or you could buy a slight bit above the target if it rebounds and go long.
Indicators say that this little DASH is oversold.... And, if you look carefully, you'll see a tiny little DOJI, that says buyers and sellers are in a little tug-of-war.
You can see here in the indicators DASH is smack dab in the middle at NEUTRAL. www.tradingview.com
NOT original joke....
Ordered takeout from Door Dash and offered the Dasher some fries.
"Nah, I'm good. I already had some"
💡Don't miss the great buy opportunity in DASHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (327.80).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 385.00
TP2= @ 420.00
TP3= @ 461.19
TP4= @ 545.00
TP5= @ 617.37
SL= Break below S2
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💡Don't miss the great buy opportunity in DASHUSD
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (327.80).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 385.00
TP2= @ 420.00
TP3= @ 461.19
TP4= @ 545.00
TP5= @ 617.37
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
DASH Ready To Rock N Roll Dash has been kind of lagging behind in recent days, but has finally made a new top since 19 Feb. That looks extremely bullish to me.
Not only have we successfully back tested yellow descending trend line and made a new top, we have broken through 0.382 fib retr. level. If we manage to break above 0.5 level, we may well consolidate a bit in a 0.618 and 0.786 area before another leg up.
That doesn't mean that we cannot have a small correction from here. We have to be prepared for anything in this market haha.
You have to understand that i am not a financial advisor and non of this is a financial advise. I could be very wrong about all of this.
KRAKEN:DASHUSD