Dashcoin DASH price "rose from the dead"Today is a global review of the DASHUSDT trading pair.
Probably, few of the current participants of the cryptocurrency market remember this, but at the end of 2017 and the beginning of 2018, at the absolute highs, Dashcoin cost almost $1500.
And then dark times began for Dash investors. For 5 long years, the price has been moving in a wide sideways direction, without a clear growth trend. And the other day DASH price updated the absolute minimum of the last 5 years.
But tonight a miracle happened that made us remember that DASH still exists - a price increase of +30% in less than a day.
What's next, you ask?
Growth not above the liquidity zone of $50-55, we will answer.
As you can see from the history of DASHUSD trading, the liquidity zone of $50-55 has always played the role of support, but now it already acts as a resistance level. Therefore, we hardly believe that this liquidity zone will break up the first time.
Yes, in the medium and long term, there is a fairly good chance that the DASH price will be in the region of $105-115 , but it is definitely not already now.
Therefore, if you want to hodl an "anonymous" coin in your crypto investment portfolio, we recommend taking a closer look at Monero
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Dashusd
DASH/USDT : Formed a tweezer topBINANCE:DASHUSDTPERP BINANCE:DASHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$DASH has formed a tweezer top here (Not a complete one) and there're two highs to look for...
I'll set a SHORT here with targets located on the each low and the last one acts as a EQ lows (Equal Lows).
You can set stop-loss on the current high or the higher one at $50.60!
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Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
DASH prediction for the end of the yearThis week we have the CPI report and the FED meeting. I expect the stock market to go down and cypto to fallow it.
My price target for DASH for the end of the year are the following:
DASH/USDT short
Entry Range: $45 - 50
Price Target 1: $41
Price Target 2: $38
Price Target 3: $32
Stop Loss: $55
DASH SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the DASH symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Dash: Rising Wedge Supply EntranceDash may be inching more and more toward a pullback. This is due to a steady climb of higher highs & lows in a wedge-like structure with supply bars entering at the key juncture of microtrend support. If this support is unable to hold, we may be revisiting the Fibonacci retracements as we make our way back down to mitigate the supply LV at 1.618% and possibly the 2% and beyond. It's worth keeping an eye on because at some point smart money will be taking profit from the recent price hikes Dash exhibited.
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DASHUSD - Short - Retrace possibleOn the chart we can see the price is currently overbought. The three indicators are suggesting the price is in overbought condition and is likely to go down.
This is a short-term setup and the profits could be taken at the target. The three indicators used are Bollinger Bands, RSI and Stochastic.
See all further details on the chart.
Goodluck!
DASH has been up 26% in the last 24 hours!DASH has been up 26% in the last 24 hours. Its price fluctuates in a medium-term downward channel in the daily time frame. The support that took place in the market the day before caused the price of Dash currency to make a good return from the bottom of this channel. A support area is considered in the range of 37.13 to 38.85 dollars; if Bitcoin continues its short-term upward movement after a correction, we can expect a positive reaction from this support range. In this case, the next target that can be considered is in the range of 54 to 57 dollars. In this case, the ceiling of the descending channel can be broken, and we can expect a pullback to the ceiling of the channel.
DASHUSDT Last attempt to finally break the 1D MA200!*** ***
For this particular analysis on Dash we are using the DASHUSDT symbol on the OKX exchange .
*** ***
The idea is on the 1D time-frame where DASH is approaching the 1D MA200 (orange trend-line) for the 2nd time since the November 08 rejection (FTX). This is the first time since the price broke below the 1D MA200 (December 01 2021) and never touched it again, that it will approach it twice on such a short time window.
This is the ultimate Resistance test for the coin as, as mentioned, it has been unbroken since Dec 01 2021. Ideally, we would like to see a break above the November 10 2021 Lower Highs trend-line, before calling for a long-term bullish reversal on DASH , in which case we can start targeting the Fibonacci levels since its 2021 All Time High, one by one, with the 0.236 Fib (at 58.7) being the first, which was the Resistance on the August 09 2022 High.
Notice also the RSI on the 1W time-frame, which is also making a key test on its August 2021 Lower Highs trend-line. A break there, can possibly be an early bullish reversal indicator.
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DASH made 14% today. What's next?Hello, dear TradingView members.
This is a DASH idea.
The price has made a 14% pump today and got rejected by the local resistance price area.
It is now sitting on local support and looks like it's holding.
There are two support levels on the way down and two resistance levels on the way up.
There are two possible scenarios:
Scenario one:
The price gets more support and buy volumes and goes back up to retest the resistance levels.
Scenario two:
The price gets rejected again and falls on the lower support levels.
If you want to open long positions, it's wise to wait for the price to break the local resistance price zone and then open your trades.
RSI is oversold, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
XMR still in long term uptrend against DASH and ZECEven though XMR has shown short-term weakness against some coins in the privacy vertical they still have a way to go before they can challenge XMR's long-established upward channel against them.
I expect oscillation along the channel and would be surprised if they venture into the blue bands. Provided no fundamental change takes place any venture into the blue bands above or below should present a trading opportunity.
DASHUSD Target Price 37.11DASHUSD. Price pulled back to horizontal support resistance level. Gap is horizontal support resistance level. Enter a long position at 35.12.