Trading Idea on DASH/BTCHello Traders,
For DASH, we are below the long term resistance line, so the scenario is bearish for this asset in the long term until we are below that line.
In the short term, we felt the support level at the blue line.
This can give the bulls a try to take the price to the resistance line, but the movement is weak
I bet that we can stay inside a sideways movement for a little longer
above 0.0080 will start to look bullish once again
Push The like Buton and follow us on tradingview
Dashusd
DASH/USD ROCKET LONG SET UP (HODL) MOON TIMEWhat Blockchain Data Tells Us About Dash
Taking a look at Dash holders around the current price
In the graph below, we can see addresses that bought Dash between $57.27 and $79.71. IntoTheBlock’s “In/Out of the Money Around Current Price” model reveals that 13.44k addresses bought 198.91k Dash at an average price of $69.07. This gray cluster of holders can be considered as a resistance area for the upward trajectory of the price.
Holders have a long term attitude towards Dash.
IntoTheBlock’s “Ownership by Time Held” analysis segments addresses based on their average holding periods. Below we can see the Hodlers indicator that covers the number of long term holders (those that hold longer than 1 year and the Cruisers indicator that covers the number of medium term holders (those that hold the token between 1 month and 12 month). The vast number of holders are mid to long term with a dominance of 85% representing 1,167 million addresses.
Dash price volatility is going up.
In the graph below we can see a spike in the price volatility for Dash reaching a high level of 196% on January 24th, maintaining the volatility above 100% since mid-January. Also, it is worth mentioning how Dash is usually strongly correlated to Bitcoin’s price. Although, we can see also how the correlation decreased to 0.79 when the price of Dash reached $133.51.
Dash Holders are mostly western Retail Investors.
Metrics revealed by IntoTheBlock´s East-West analysis show that Dash is a worldwide traded token but with a higher activity of 58.97% predominance from the western hemisphere where the adoption seems to be faster. Dash is a highly distributed asset, as almost 84% of the holders are retail investors that own less than 0.1% of the circulating supply of tokens.
There has been a recent spike in the UTXO Age Streams.
IntoTheBlock´s UTXO Age Stream graph shows a distribution of the different UTXO positions over time. We can see that for this asset, 23% of the tokens or 2.19 million Dash have been held for a period between 2 to 3 years being the most relevant group in the composition.
As Dash continues its evolution within the crypto market, some of these indicators show different views and perspectives to better understand and analyze the asset. Bear in mind that at IntoTheBlock we will keep looking for new and interesting patterns that are emerging.
Title : DASH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order Or Market First Entry
Time Frame : WEEKLY
Entry Price 1 : $72.25 & Entry Price 2 : $68.25
Stop Loss : $52.25
TP 1: $87.75 ---- TP 2: $98.00
TP3: $128.25---- TP.4 $147.75
Tp.5 $158.00--- TP.6 $240.25
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Dash Coin: Analysis using Ichimoku 23/06/2020H4
At D1, the Ichimoku cloud is directing downward, indicating a downtrend. On H4, the cloud is directing upward, indicating the formation of a correction for D1.
Conclusion:
We recommend selling when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing upward, indicating an uptrend. At H1, the cloud is directing upward, indicating the movement within the framework of the trend for H4.
Conclusion:
We recommend buying because the price went beyond the downtrend at H4, while the RSI on the H1 has reached the level of oversold.
We also recommend selling when the RSI reaches the overbought level on the H1 and H4.
Locally, we recommend buying from the Ichimoku cloud. As a result, the RSI may form a divergence, which will be confirmation for lower of the price on H4.
Good luck!
Dash act like a fox!!hello traders!!
today we had a massive break down and dash break 2 support level.
my idea is dash will break down the third support level and it will break the support level(red line)66$
tip: it is sell time if you are looking for short time period but if i were you i wouldn't touch it.
DASHUSDt locally signal (LONG)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market
targets: ~83
stop: ~75.8 (depending of ur risk). ALWAYS follow ur RM .
risk profit: 1 to 4
Good luck
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
DASHYou probably recognize that DASH is the coin that the alts pump parade began several times. Like in January it happened again. Now we've formed an interesting large falling wedge with clearly expressed support near which we're and from which as we see on the Bitfinex exchange, capital came in. This's a positional trade with minimal risk with small volume fixation. I think it'll be near the resistance line of this wedge.
Sincerely, Mr. EXCAVO
DASH/USD - 4 signals to buy.On 4H there are 4 buy signals.
AO is preparing to cross the zero border.
RSI has broken through level 50.
Buying on corrections. By Fibonacci levels.
At 1d picture more long.
As if draw a double bottom of the levels.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
Dash Will make it!hello traders!
from 8 april until 8 may traders sold their belongings in the price range of (80.21$,88.021$) after that we had a major breakdown and the price change and also traders goal changed and from 11 may until 27 may market had nice rise but the price that made the traders to sell their belongings was 78.48$ so number changed to low price.
my idea is that we can make market continue to rise. ( my target price is 88.5$ )
!!!! don't be greedy if you had nice profit then exit form market !!!!
Dash analysis it's kinda hard to predict, there is a bearish triangle and 21 moving average resist vs a 0.618 strong supportive level . who wins ?
just wait for a signal and then start trading. honestly I've tried to find all other price sanctions in short terms. lets get it more simple by finding price goals and patterns to get less confused.
DASH Long-Term viewHello Trader,
On this quick analyses for Dash on weekly charts, we can see that we are inside a long-term downtrend channel, and we just make our test on-resistance of this channel, so we can be heading up to test the support of this channel, but we have a strong support level below the price, so we don't believe that we will test this level pretty soon, and the long setup will be indicated if we broke the resistance of this channel, and starts to accumulate above this level, but for now the primal trend still bearish, so be careful with long positions.
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DashUSDT grow?Hi guys
I'm here with a new analysis on DASTUSDT.
As you can see, there is an increasing channel from 20th March 2020 until now and Dash price is moving under the middle of the increasing channel. On the other hand, there is a declining trend from a higher high of the channel.
We should wait on the red line for breaking out. Then it is going to rise about 91.67$ by three targets.
StopLoss : 66 $
EntryPoint: when the red trend will be broken.
1st Target: 79.8$
2nd Target: 83.44$
3rd Target: 91.13$
#DASH/BTC . DASH COULD BE DOING WELL IN THE FOLLOWING HOURS !- Bullish Divergency on DASH
- Price is sitting on the low of the channel, easy to put stop losses.
- First target 0.0085 then update stop losses.
- If is able to go higher, price could be testing top of the channel.
- More signals/trade son my private TG channel
GL
DASH/USDT - exit from the accumulation.It is desirable that the breakdown is with volume.
Buy after the breakdown and fixation above the level.
Indicators are directed upwards.
Accumulation under the level for 2 days.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!