#DASHUSD - Big Drop are Coming Over the Next Few WeeksAfter a rejection off a historically strong trend line, getting a strong Sell signal from CTv2 and dropping below a previous level of support, we're thinking #DASH is about to drop!
The next area of support would indicate and price decline of around 15-35%, that's rather huge!
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What Do You Think?
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theCrypster
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Dashusdshort
DASHUSD - Predict a 14% Fall From Distribution ZoneThere's a very long descending line of resistance going all the way back to early 2021 - this has been tested a few times historically and the price has failed to push through on every occasion.
Once again this level has been tested in the past few days and again it seems to have rebounded to the downside; we do however have a nice level of consolidation to help us predict how fast and how far the price may drop.
We're setting our target at the level shown, a nice 14% below the Short entry as illustrated to the bottom of the given channel.
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/USD ROCKET SIGNAL TO $136Title : DASH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order
Time Frame : H4
Entry Price 1 : $77.86
Entry Price 2 : $75.90
Stop Loss : $71.90
TP 1: $95.90
TP 2: $110.90
TP3: $120.96
Tp.4 $136.90
• The price of Dash is likely to encounter a price breakout or a price breakdown in view of a range-bound movement.
• A bullish break at the $136 will make the crypto rally above the resistance level.
• A bearish break at the $36.80 will depreciate the crypto to a low below support price level.
DASH/USD Medium-term Trend: Ranging
Key levels
• Resistance levels : $140, $150, $160
DASH/USD TA Update (Pullback To Key Support?)DASH/USD
DASH strong uptrend must be over temporarily as the price already declined by over 30% drop.
Key areas to be watching is between 92 - 78 levels as this floor coincides
with the 50MA and upward trend-line support, we could expect a minor bounce from here.
DASH/USD breaks trendline support at 315, stay short for 285DASH/USD has shown a break at strong trendline support at 315 on the 4H charts.
Recovery attemps in the pair have been capped below new trendline support turned resistance at 320 levels.
On the daily charts, the pair has slipped below 5-DMA on Monday's trade and on the day upside was capped at 5-DMA at 320.
Price action is below daily cloud and major EMAs. Scope for weakness till 283 (major trendline support). Further weakness only on break below.
On the upside, breakout at 320 could see further gains. Next major resistance above 320 lies at 342 (21-EMA).
Break above 21-EMA could see test of 50-DMA at 409 levels.
Support levels - 300, 283 (trendline)
Resistance levels - 320 (5-DMA), 342 (21-EMA)
Good to stay short on upticks, SL: 325, 300/ 285
DASH. Detailed analysis. And Key levels
Here also we are waiting for another wave of fall. I want to see overthrow. Break of the final diagonal triangle down and quickly return to the triangle. This situation would be good. However, there are other triggers on long. There is also a shrinking volatility and soon we expect an explosion
Dashcoin Can Be Bouncing Higher Soon!!??As you know most of the cryptos are have been correcting lower the latest days.
Same with Dash. I am expecting more downside to the areas mentioned above.
That area will be a decision area. But I am expecting a bigger bounce in favor of DASH.
Most of the cryptos have a similar structure lower. Have a look at my recent analysis. or They all look similar and somehow waiting for a bounce higher.
If Dash breaks 280.37 low. This view will be invalid. Let's see. Patience is key now.
Hope this helps
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
DASH/USD short opportunityDASH/USD is extending weakness below 200-DMA, bias lower.
Technical studies are highly bearish. 5 and 20 DMA are sharply lower. Bollinger bands are widening.
Stochs and RSI show bearish momentum and MACD is deeply in negative territory. We see -ve DMI dominance and ADX supports trend lower.
Price action has broken 78.6% Fibo and 200-DMA, is on track to test 88.6% Fibo at 408 levels.
On the flipside, retrace and close above 20-DMA (currently at 732) invalidates bearish bias.
Support levels - 430 (Feb 2 low), 408 (88.6% Fib retrace of 252 to 1625 rally), 310 (Nov 12 lows)
Resistance levels - 546 (78.6% Fib retrace of 252 to 1625 rally), 575 (5-DMA), 732 (20-DMA)
Watch out for close below 200-DMA for weakness. Place stops at 650, target 430/ 408/ 310.
DASH/USD sell opportunityDASH/USD has shown a decisive break below strong support at 50-DMA at 967.92.
The pair hit session lows at 858 before paring some losses to currently trade around 900 levels.
Momentum studies are bearish, RSI is now biased lower. -ve DMI is on verge of crossover on +ve DMI.
Price action has dipped below daily Ichimoku cloud and we see scope for further downside.
Break below 50-DMA has raised scope for test of 61.8% Fib at 691 levels.
On the higher side, break above 5-DMA to see next major resistance at 20-DMA at 1065.
We see bearish invalidation only on breakout at 20-DMA while could then see resumption of upside.
Support levels - 870 (50% Fib retrace of 115 to 1625 rally), 691 (61.8% Fib), 651 (Dec 10 low)
Resistance levels - 973 (50-DMA), 979 (5-DMA), 1048 (38.2% Fib), 1065 (20-DMA)
Good to go short on rallies around 900/920, SL: 975, TP: 870/ 790/ 700