DASH has 4x Bullish Altcoin Cycle OpportunityThere is some big assumption coming with the 4x opportunity for DASH. The main one is that DASH will be able to participate in the next parabolic alt-coin cycle.
If it is does and taking a conservative approach multiplying its value to about 264€ is absolutely in the realm of likely possibilities.
There is four resistance level to conquer: 66€ (which it appears to over run this week), 120€, 160€ and 200€.
Reason I don't see Dash shooting for new all time highs is that it just has shown quite a bit of weakness versus Bitcoin and has had a massive >80% loss from its all-time highs.
Depending on your event horizon for the the parabolic alt coin cycle start and length here I see Dash reaching the 4x 264€ margin by July 2021, which is inline with my Litecoin projections.
Dashusd
✳️Dash/USDT (30-10) #DASH $DASH #DASHUSDTDASH is again testing the bottom of $63-65 and it looks like there is quite a bit of buying power here. We can put our faith in DASH as DASH does not lose the 60$ zone. If DASH breaks the $95 zone, it is possible to trigger FOMO status
📈BUY- LONG Strategy
- Buy as close to $63-65 as possible, stoploss if the 1D candle closes below $60 zone
- Buy more if the 1D candle closes above the 80 $ zone to confirm a new uptrend
📉SELL-SHORT Strategy
- Sell at the 80$ zone for some profit, stop loss if the 1D candle closes above 80$
- Sell at the 95$ area because it is the ceiling price of DASH and there is certainly a strong selling force here
♻️BACK-UP Plan
- If the 1D candle closes below 60$, we will sell in the 60-65$ zone, stop loss if the 1D candle closes above 65$.
- Wait to buy in the range of 35-40$
Dash buy the dip setup.Dash - Intraday - We look to Buy at 64.31 (stop at 63.38)
We look to buy dips. 64.00 continues to hold back the bears.
Dips continue to attract buyers.
Daily pivot is at 64.00.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 66.98 and 68.42
Resistance: 67.00 / 68.50 / 70.00
Support: 65.50 / 64.70 / 64.00
DASH Where will be the bottom? At $50 or $40?Long ago passed the glory, once so popular, DASH
Someone kept it from $2, someone bought at $8-9 and sold at $100, enjoying incredible X's.
There were also those who traded DASH around the historical highs at the mark 1550+ $ , believing that it would be crypto bronze or new silver.
But time set things straight and now we are looking for another bottom for DASH.
For the last 2 months, DASH has been in the trading range $62-80 . There are instant and non-logical coin shots up, but each time weaker and each time D ASH is pressed to the lower limit of the corridor $62.
We can, of course, trade DASH in the channel mentioned above, but the following possible scenarios should be considered:
- As soon as the price fixes below $61.5 , the way will open to levels below: $50, and as a reference point for the final fall point, we can take the zone
40,5$-44$
- A positive light on the DASH horizon will appear only when the price can fix above $80.
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💡Don't miss the great buy opportunity in DASHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (63.65).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 75.30
TP2= @ 79.90
TP3= @ 87.90
TP4= @ 104.40
TP5= @ 117.10
TP6= @ 142.15
TP7= @ 184.55
TP8= @ 260.75
TP9= @ 399.65
TP10= @ 622.50
TP11= @ 803.35
TP12= @ 984.00
TP13= @ 1568.35
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Buy the DASH dip!Dash - Short term We look to Buy at 64.31
We look to buy dips.
64.00 continues to hold back the bears. Dips continue to attract buyers.
Daily pivot is at 64.00.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 66.98 and 68.42
Resistance: 67.50 / 68.50 / 70.00
Support: 66.50 / 65.35 / 64.00
DASHUSD 1D RANGE TRADINGRanges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart).
Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place.
Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement.
When you see descending Volume bars and descending ATR line (which indicates volatility) this shows
a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern.
Trade Management after there is a breakout candle close.
1 - Position size (compare volume bar to volume ma line).
a - Breakout candle must be 100% of volume average for a full position size.
b - If 75% of volume average then ½ position size. (To find 75% of Volume
look at the charts volume settings – divide smaller # into larger # = 75%+)
If not 75% then stand aside from the trade.
2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order.
Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd
trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look
at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR.
3 - SL for both trades will be 1.5 x ATR.
4 - 1st trade TP will be 1 x ATR.
5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price.
6 - When 1st TP hit – move 2nd trade SL to breakeven.
7 - Adjust the 2nd trade SL to follow price.
*8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit.
*9 - When breakout candle is more than 1 ATR from breakout candle open.
a - Enter 1st trade at candle close with ½ position size.
b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open.
c – Price should pullback to that pending limit order for 2nd trade.
d – If Price returns back into chart pattern close trade before SL is hit.
DASH USDT | daily chart | 36% Long > when?In the daily chart of DASH, we have some confirmations which will be supported after hitting the support line.
Gain : 36%
entry : 61.80
TP : 84.17
BINANCE:DASHUSDT
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Dash headed to $85 from an Ascending triangle.Dash - Short term - We look to Buy a break of 77.62
Price action has formed a bullish ascending triangle formation.
The bias is to break to the upside.
We look for gains to be extended today.
Trend line support is located at 75.50.
Short term MACD has turned positive.
Our profit targets will be 84.59 and 87.48
Resistance: 77.50 / 79.40 / 84.80
Support: 75.20 / 74.50 / 72.70
DASH/USD LONG SET UP (HODL) DASH JOINS DEFITitle : DASH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order Or Market First Entry
Time Frame : WEEKLY
Entry Price 1 : $74.00
Entry Price 2 : $64.00
Stop Loss : $60.00 (140 PIPs)
TP 1: $88.00 (140 PIPs)
TP 2: $98.00 (240 PIPS)
TP3: $114.00 (400 PIPS)
Tp.4 $126.00 (520 0PIPS)
DASH bullish after 15% spike on back of masternode news
OCTOBER 20, 2020 BY BENSON TOTI
Dash has traded between a low of $73 and a high of $77 on the day
Dash has seen its price surge by more than 18% in the past 24 hours. The price is posting to the upside on the back of increased positivity among Dash users eyeing up a slice of the DeFi pie via yield farming in addition to rewards from staking.
DASH/USD price soared from lows of $64 to hit a 30-day high of $77, with the upside spurred by increased buying volume after Dash announced it was partnering StakeHound to make DASH accessible to DeFi users.
Also positive for Dash today is the news that the number of Masternodes on the network has hit a new record high of 5,002. Masternodes on the network use their token holdings as collateral to participate in governance. Operators of these servers earn regular payments in the form of Dash.
Dash price
The cryptocurrency is trading with a bullish bias as shown by the MACD on the 4-hour chart below. A look at the chart also shows that the 20 VWMA is moving away from the 20 SMA, suggesting the price jump was accompanied by increased upside volume.
After breaking above the 20-day, 50-day and 100-day moving averages, bulls have the energy to test resistances around $80. The MACD has strengthened and the MAs are providing healthy support around $70.
On the daily chart, bulls face slight resistance at the SMA200 and SMA100 lines, which are just under the 24-hour highs. Notably, the price has not experienced the aggressive rejection that characterised the last time we saw upside action.
On September 3, the price of Dash crashed 20% to fall from highs of $84, to touch $65. Bears showed the same aggressiveness near $73, with the subsequent action seeing bulls struggle to break above $70.
The hourly and 4-hour charts feature positive candles, although the momentum is squeezed by a decrease in buy volume. Bulls need to flip this to avoid giving sellers the initiative.
In this case, DASH/USD needs to close with a daily candle above the 100-day and 200-day simple moving averages. If bulls achieve this on higher buy volumes, the cryptocurrency will remain bullish.
A reversal in the short term will see bears aim at taking prices to the next major support level around $69.
What is Dash? All about of this cryptocurrency!!!Dash is a digital currency that enables anymore, anywhere in the world to make quick, easy and cheap payments at any time without going through a central autorithy. You can to move Dash in a second or less than a cent. It's a digital money that's bettern than cash, becuase all transactionsi is near to 0 that more cheap than Bitcoin or LItecoin when you send Dash for other people, the transactions is so near to 0.
Use cases:
You can pay your friends and family
Pay airfare, utility bills and subscriptions
Groceries and Dinind out
Shop Online
Find Hotel's and lodging that accept Dash as payment method
Pay for business services
Dash was launched on 2014 with the same protocol of what Bitcoin use. Dash use the protocols proof of mining and proof of stake that guarantize that the networkd is mroe securely and mroe protected by users, stakers and miners.
My Personal Opinion:
This proyect is interesting. We could use Dash as money to pay our services, pay bills, pay friend or simply send money to people. It's interesting to know it. Well, the most that I like about of this cryptocurrency is the supply monetary limited, that mean that there wil be 18.9 million o Dash in circulation and that mean tthat supply monetary is so limited that make that Dash adoption grow up throughout of the time. I option to invest in this crypto for the bull rally 2021.
For more resources if you want to learn about Dash or simply read, please visit these links:
1. Dash's website: www.dash.org
2. Dash's Twitter: twitter.com
DASH Weekend Setup.Dash - Short term - We look to Buy at 64.4 (stop at 63.7)
We look to buy dips.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Previous support located at 64.0.
A lower correction is expected.
Dip buying offers good risk/reward.
Our profit targets will be 66.6 and 67.8
Confidence - 71%
Resistance: 67.0 / 68.0 / 69.0
Support: 66.2 / 65.4 / 64.0
Dash DASHUSDT - Descending triangle + Elliott WaveBitcoin dominance is currently forming Head and Shoulders reversal pattern, that is bad for altcoins. I see this descending triangle on DASH, which is an extremely bearish setup. Also, this coin is breaking down from a major horizontal support. I still miss one more impulse Elliott wave to the downside. Please see related idea below this technical analysis for more detailed information about incoming crash.
Dash DASHUSDT - Descending triangleBitcoin dominance is currently forming Head and Shoulders reversal pattern, that is bad for altcoins. I see this descending triangle on DASH, which is extremely bearish setup. Also, this coin breaking down from major horizontal support.
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0049 - Short DASH on MarginPrecio de Entrada: 63.45 USD
Stop-Loss: 71.60 USD
Objetivo Mínimo: 42.30 USD
Objetivo Máximo: 33.00 USD
Nivel de Riesgo: 1%
Razonamiento:
- Setup super sencillo. Precio de entrada justo por debajo del soporte señalado en los $65. La operación seria ejecutada con una orden stop-sell al precio indicado. Estaríamos operando un breakdown.
- Stop-loss por encima del ultimo swing high. Ahí se invalidaría la idea. Sin misterios ni complicaciones.
- Objetivo mínimo: El low del 12 de Marzo. Nos brinda una R:R bastante razonable.
- Objetivo máximo: El low del 13 de Marzo que, a su vez, es el low del 2020. Seria el primer retest desde entonces. Esperen demanda allí.
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