DASHUSDT next target $400?DASHUSDT (1H CHART) Technical Analysis Update
triangle breakout
DASH /USDT currently trading at $290
Buy-level: $275 - $290
Stop loss: below $250
Target 1: $350
Target 2: $400
Target 3: $450
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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DASHUSDT
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Ascending Triangle Definition:
An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows.
It is defined by two lines:
. A horizontal resistance line running through peaks.
. An uptrend line drawn through the bottoms.
The higher lows indicate more buyers are gradually entering the market and buying pressure increases as price consolidates moving further towards the apex.
An ascending triangle is classified as a continuation chart pattern.
If price can break through the resistance level, that level will now act as a support level.
Breakouts can also happen in both directions. Statistically, upward breakouts are more likely to occur, but downward ones seem to be more reliable.
In most cases, the buyers will win this battle and the price will break out past the resistance. But Sometimes the resistance level is too strong, and there is simply not enough buying power to push it through. Therefore you should be ready for movement in EITHER direction.
ENTRY:
We would set an entry order above the resistance line and below the slope of the higher lows.
TARGET:
Target is approximately the same distance as the height of the triangle formation.
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📚 Learn More 💰 Earn More with us: Ascending Triangle📚 LEARN MORE
💰 EARN MORE
With ForecastCity
Ascending Triangle Definition:
An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows.
It is defined by two lines:
. A horizontal resistance line running through peaks.
. An uptrend line drawn through the bottoms.
The higher lows indicate more buyers are gradually entering the market and buying pressure increases as price consolidates moving further towards the apex.
An ascending triangle is classified as a continuation chart pattern.
If price can break through the resistance level, that level will now act as a support level.
Breakouts can also happen in both directions. Statistically, upward breakouts are more likely to occur, but downward ones seem to be more reliable.
In most cases, the buyers will win this battle and the price will break out past the resistance. But Sometimes the resistance level is too strong, and there is simply not enough buying power to push it through. Therefore you should be ready for movement in EITHER direction.
ENTRY:
We would set an entry order above the resistance line and below the slope of the higher lows.
TARGET:
Target is approximately the same distance as the height of the triangle formation.
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
DASHUSDT Trendline BreakoutTrendline Breakout 15 min Chart.
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This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
A DASH to 33% profit in 33 hours?DASH has taken off these last few days with huge fluctuations of 30%+. It's currently headed for support level, hopefully followed by another huge rebound, all in the next day or so. What do you think? Will it bounce or drop under support level?
It could drop even faster and farther in the next 6 hours down to $230 or below. And it could rise a good bit further as the first high did. I think setting buy and sell targets at $235 and $315 is pretty safe if it does bounce though. Interested to hear thoughts and comments.
20k DashTo add to my earlier analysis and raise the bar. Dash is probably a month or so behind Ethereum in the market cycle and seems to be mimicking with uncanny accuracy. Ethereum right now shows multiple similarities to bitcoin in early 2017.
This is a slightly absurd call on the surface but if you dig a little deeper into Dash's development cycle, fundamentals and general stealth-ness it's more than possible. Two things needs to happen for it to play out.
1. Bitcoin needs to reach north of 200K
2. Dash needs to reclaim it's market capitalisation position amongst the big caps (top ten). Ultimately a big trend reversal on the Dash/BTC chart.
If these two things can happen then there is a positive expectancy of 20K! Bitcoins market strength is unreal at the moment.
If 2017 is any metric to go buy we will see crypto prices reaching far beyond our imaginations like they did in 2016-2017. No one saw that coming, none of us who were buying in 2016 - early 2017. No one could have ever imagined it would play out as crazy as it did. I'm yoloing into this call and will be averaging my other positions in over the next few weeks. See you at the top, f**king send it.
DASHUSDTBreakout from the Febuary 14th bullish flag with potentially big returns.
Price retraced to the 50% fibb level of the A-B impulse, i missed the enital break out so for a conservative entry we typically wait untill a pull back to the level of where price broke ther upper trend line, which would be a 50-61.8% retracement of the C-D move.
DASHUSDT - Pay attention to the chance!Dear mates,
DASH is slowly rising up after breaking out of the main bearish channel.
The current price is already x5 from the bottom, however, given the current market situation, we can be confident that the price will continue to rise before having a strong crash.
Please see the chart for my predictions.
Note: The coin has extremely large support at $ 63 and another at $ 91 if you're an opportunist and strategist, you can place a buy order at these prices because when the market falls it will recover quickly.
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Above is my personal opinion, I do not encourage anyone to follow suit, please manage your money, Good luck!
Xin Liar
DASH DID 100X IN 2017, WILL HISTORY REPEAT ITSELF.DASH AKA DIGITAL CASH, FAST PRIVATE AND RELIABLE WENT FROM 12 DOLLARS TO 1200. thats 100x.
I bought 10 DASH at 160 :) i am expecting 16k rally thats 100x... circulating supply is gem compared to btc.
Guys this how you ride the alt season you must look for coins with high volume and people using them all over the world.. dash is the only crypto being used in latin america for daily usages
*news* Dash sees 562% increase in active wallet users in Venezuela
Dash Use in Latin America Has Surged Over 18 Months
this will only the start guys, soon africa and asia.
DASH IS SUPERIOR TO ALL THE OTHER CRYPTOCURRENCYS WHEN IT COMES TO USAGE!