DASHUSDT
DASH/USD (100 Dollars Strong Support?)💎Technical Analysis Summary💎
DASH/USD
-The 100 dollar range has been a key area of interest of DASH
-We can see multiple reactions in this zone since 2017
-If DASH can hold the price above 100 dollars
-Expect a good bounce up action will happen in the coming months
-Perhaps if the overall market condition is in good shape
-The chances to retest the 500 dollars increases too
-For now, let us wait for a few weeks if the bulls can form a support
-Good luck traders! :)
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DASHUSDT Suppport BreakoutDASHUSDT(1H CHART) Technical Analysis Update
Support Breakout
DASHUSDT(1H CHART) currently trading at $126.50
Short Entry : $129.00 - $126.00
Stop loss: Above $133.00
Target 1: $119.00
Target 2: $115.00
Target 3: $108.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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DASHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. The price has been able to break its resistance and is moving inside the ascending channel. At the moment, the price is at the bottom of the channel. We can buy for the above purposes. In case of loss of the canal floor, there is a possibility of price correction. We have identified support and resistance for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Dash coin has formed a huge Cypher for upto 215% bullish moveHI dear friends, hope you are well and welcome to the new update on Dash coin.
Previously we had a nice trade of the DASH coin when it formed a bullish BAT.
Now on the long-term monthly time frame chart, the price action of Dash has formed a big bullish Cypher pattern. There is also 25 simple moving average support below the buying zone.
Buy and sell targets:
Buy between: $196.25 to $123.72
Sell between: $253.34 to $390.43
Stop loss:
The maximum extent of potential reversal zone $123.72 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 215%, and the high loss possibility is 37%, however at this time the risk is low as the price action is already close to the end of the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
DASH POTENTIAL PATTERN REPETITIONLook closely at the period from 21 FEB 2021 to 10 MAR 2021.
Dash may move and evolve in a similar pattern, in movement and time. Several elements of the past pattern have been repeating in the last few hours and it is now confirmed. It is likely that the Dash, which is often repetitive in these movements, will be so again.
This is an idea and not investment advice, do your own research.
Trade safe.
DASH - The Great Supply Shock! Pretty Self explanatory analysis.
ATH Retest soon for DASH which would be led by a massive supply shock as DASH keeps on getting accumulated and Locked up on Staking Platforms!
Wait and watch
The R/R is pretty favorable but if it were me, I'd be happy to have a naked long exposure.
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This is (OBVIOUSLY) not a financial advice!
DASHGoing off the coinbase chart my analysis points to the following:
1. DASH is lagging the other coins big time as it hasn't even broken free from the corrective phase.
2. We could finally be making the push to an impulsive wave break out.
3. There is a larger potential IH&S pattern developing.
I would note that I am starting my EW studies so please DYOR and also if you are an EW analyst please leave a comment as to your thoughts.
Also DASH is lagging 2017 ATH's by about $1400. This lends bias and credibility to my theory that DASH is just in some large complex correction.
This is also highly speculative and you should do your own TA before investing.
My analysis and my bias and my gut is all pointing towards DASH will soon revist ATH's from 2017 then re adjust price versus $40-$50k BTC.