Dashusd
DASH - $600+ THIS YEAR!DASH is looking at making a comeback in 2021. DASH has a very similar chart pattern to many other coins including WANCHAIN and NEO and EOS, that being a golden gross on the weekly as well as an Ichimoku cloud breakout and long term pennant breakout!
DASH could definitely see $642.92 + this year.
0.382 (642.664) fib retracment = $642.92 usd (fibonacci sequence)
As always let me know what you guys expect DASH to reach this year
''Buy Big Sell BIGGER'' - MegaWhale
DASH/USD Long limit entryEntry long 125
SL 108
PT1 163
PT2 214
BE 147
RRR 2,3:1
Long term
BINANCE:DASHBUSD
DASH LONG SOONDash has been trading inside our weekly trend lines for about 4 months. It reached a high around the 10th of Jan and has been bearish ever since (inside weekly trend lines). Bullish patterns started showing around the 29th of January reaching higher highs and lower lows inside the Golden Ratio. An instance of Heads and shoulders patterns started showing on the 4H time frame signaling to us that a breakout might occur around Feb 11. If sellers break the support past our confirmation rectangle (Yellow w red outline), they will take over and form a new bearish pattern. If not, the Bulls will take over.
DASH- Don't miss this undervalued sleeperThe deep correction didn't happen to BTC as 5 wave downtrend failed to materialize.
With BTC poised for possibly another run, my bet is still on DASH.
My only concerns are the ever-present delist risk, hostile regulatory stance against anon coins in general and the lack of short-term fundamental catalysts.
Not the investment advice. Do your own due diligence.
DASH 1D First $135 and then we will seeA month has passed since the previous DASH idea was published.
It began working out less than two days after publication and gave +60% in a week, don't you believe?) Check)
Further news in the delisting of the anonymous trio XMR, ZCash and Dash from the Bittrex exchange and not only them, significantly lower the price.
But this news can be considered worked out and one can think of a positive scenario.
To begin with, we can expect the DASHUSDT price to grow to the zone of $130-135.
And only if buyers' aggression is felt and we see a confident fixation of the DASHUSD price above this zone, we will dream of further growth. For example, to the next zone from above $210-230, is it time to catch up with Ether, or not? )
If sellers become active in the zone of $130-135 , then it will again be the fall below $100.
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Dash, an underrated coin!Looking at Dash, one can find a really underrated coin here.
Not only has it always performed well in the past, but it has still almost not pumped in this new BTC rally.
Almost completely unpumed, while DashBTC is falling to new local lows.
I see a giant falling wedge, and it could do a classic false breakout of the wedge to the downside, panicking many, tempting to sell their Dash,
only to rebound soon after and start a gigantic rally.
It is by the way only a matter of time until the new altcoin rally season will start. Could be tomorrow, or in 2 months, nobody knows,
but I think we shall see some epic action very soon. And Dash is an interesting coin for anyone that isn't yet invested in altcoins.
I will look at other coins in the coming days, which still have potential in this rally, as they have almost not pumped yet, and have shown
good past performance.
DASHUSDT (DASH) - POTENTIAL BREAKOUT ANALYSIS 🔎
- DASHUSDT is printing a falling wedge pattern.
- This is reversal pattern.
- A bullish pattern to be precise.
- Price action is also printing the double bottom (W) pattern.
- This is also a bullish pattern.
- RSI is printing a bullish divergence signal.
- Omo confluence choke 😂.
- Price is testing the falling wedge's resistance.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.
TARGETS 🎯
- Horizontal resistance levels (R1, R2).
SETUP INVALIDATION ❌
- Breakdown below the double bottom support level (S1).
DASH:USD Grinding Higher. $20,000 still possible this cycleDASH has had a real battle gaining momentum over the past year and it's had it's fair share of FUD. But since the March low it's been slowly grinding higher. Since Bittrex is not even top 10 in terms of exchange ranking I don't think the de-listing will have any long term impact on DASH. The marketing approach for DASH has also been switched form "it's a privacy centric coin" to "Privacy is opt in" and "DASH is not more private than BTC". I think this pivot will help their case. No matter how you look at it, DASH has impressive adoption throughout Latin America and is solving real world issues for people who really need it.
What adoption? Over 5000 merchants accept DASH as payment, it's got more than 2000 ATMs worldwide, processes over 20,000 transactions per day and it's helping people escape hyperinflation in places like Venezuela. It's currently used as much as BTC in Venezuela. For me, these metrics are very BULLISH
Something I found interesting was the unusual volume spike. When I see FUD and a corresponding Volume spike like that, it always makes me pay attention. This is a common trick used in the market. Release FUD, buy the dip. Don't let them shake you out. Play the higher timeframes. Win. You're in before the big players. Don't let them steal your coins. If you want to see for yourself, I use (coin trader . pro) go to charts and look at the arrogated volume. There's also the same strange buy spike for ZEC, XRM, LTC and a few others. It's not a small anomaly, it's like a whale has just market bought 10x the daily volume on each of them. PAY ATTENTION TO THIS
Key points:
Higher highs, higher lows
Broke-out and re-tested descending trend-line
Broke the Jan- Feb 2020 high, first major higher high since Dec 2017
Currently trading above the High volume node ($70-$85), This should act as strong support
Things to keep an eye on:
Broke the Jan- Feb 2020 high but failed to stay above it (Swing frailer pattern)
Break down from the lows and channel line at $61 & I'm calling GG for 2021
Small high volume node at around $180 in line with the Jun 2019 high
Watch for resistance at the 0.5 & 0.618 Fibs on the way up.
Supporting the points above:
Question: Does anyone know how to see the combined volume here?
Never Trust. Verify.
D.Y.O.R. Not Financial Advice Just an Observation.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else
Dash Moving Averages to determine when moon.. (Hint in 3-7 days)I am writing this for my own reflection.
Dash is moving to a different cycle than other cryptos. It does because it is truly unique unto it own.
Anyways here's what I think I see happening.
This is a trend analysis for DashUSD
The 50 and 200 Daily Moving averages need to be monitored closely.
The price is above the 50 and 200. The 50 is above the 200, and both the 50 and 200 are moving upwards... This very bullish.
However the 200DMA has yet to cross above sept high of the 50 DMA.
And the 50 has yet to cross above its own high from last march.
The 200 should cross the recents 50's high in 48-72 hours. This should be met with a large spike in Dash.
And the 50 will cross above the 50 from last march in about 5-10 days. When both of these crosses are locked in, Dash will moon unlike any coin out there.
It will go from $107 - $600 then to $2000.
We will see.