DASHUSDT
(NFA/DYOR) DASHUSD; $100 failed. Will $80 hold?$80.00 has acted as support in the past, hopefully it will hold up again. The 200 SMA is also in the neighborhood to add to the case for an $80 support, but I personally can't say where exactly the line will be when the price gets there. Depends on how fast we keep dropping, I guess. This correction makes me feel a lot better about myself missing the boat on this, lol
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/USDT BULLISH SIGNSWe can see a Bull volume on 1 Day Time Frame for DASH/USDT possible retracement pullback at our golden 0.618 fib this will be our new support zone at 100 - 90 region
once DASH holds this area of support another potential target will be at 100 - 115 a 30% pump from this support region good to enter a long at this support region.
DASH Dump after the PumpSupposedly the pump occurred after the testate release news, which so far on any other alt always followed a dump.
Anyways, DASH had an explosive run this January, with more than 100% gains.
Look to have reached a top for the following reasons:
- Declining volume;
- Bearish RSI divergence indicating that price may soon reverse;
- Bearish CMF divergence indicating smart money has been distributing and exiting;
- Bearish TSI divergence indicating that strength is fading and price may soon reverse;
If we look at the Elliott wave theory we can clearly identify a classic impulsive wave, which normally is followed by an ABC correction.
DASH/BTC TA Update (To the moon?)DASH/BTC
DASH went straight up 80% from Swing Low to the current price.
Be cautious opening Long positions as the RSI hits overbought extreme conditions and no strong support built around 8000 - 9500 sats area.
The only immediate area of confluence I can see is 8000 - 7300 could act as relief bounce or potential build a new area of support
as the EMAs and ascending trend-line coincide in that region. Do not FOMO buy, Please wait for a pullback.
DASH/USD Bullish Flag Technical AnalysisDASHUSD Technical Analysis :-
DASH Current Price is $65.51 USD.
Technical Analysis:- DASH/USD Looking Bull Flag in Daily Chart.
We can Expect Some Upward moment after some Retracement.
$49 Is Very Strong Support.
We can retrace at this point within Some days.
If come this Zone we can buy here.
50 Days MA is Very Strong Support at $48.60
and 200 Days MA is Resistance at $81
Support: $48-$56
Resistance: $75 / $93 / $118 / $137
Don't buy once. Always enter partially in each and every Trade.
Safe game is best Strategy for Trading.
If Daily Candle Close above $71 and Hold Above the Trendline Resistance then we would Go to $100.
Important key Level: If Break down $46-$47 Support Line then we can see new Low and It would be dump till $25-$30.
Thank you for Appreciating me and please like and share our IDEAS.
Dash GambleRSI is coming off hard from this oversold territory, MACD is crossing up. And if you zoom in we are forming a choppy inverse head and shoulders on the daily. If we break this $60 area we should get a pretty big move It's enough for me to want to roll the dice on this one.
Happy Trading,
-Sherem
Time to short DASH/USDTAfter a wonderful gain ( even beyond my expectation DASH/USDT ) it is time for DASH to cool down a bit. Currently, at the 4H timeframe, we can see that this opportunity is forming.
Set Up
It looks like a potential double top is forming. This is also supported by the decrease in RSI and the 1st divergence between RSI and price while the RSI indicator is in the overbought region (Set above 80 for crypto)
What can happen next?:
We could see a proper formation of a double top, or even a double divergence when the price will increase further to around $59 (resistance cloud). At the same time, the volume should go down.
Position:
Enter Short: $53.60
Take Profit: $49.25
Stop Loss: will depend on the second top of the current move.
DASH/BTC TA Update (Break Trend Channel?)DASH/BTC
DASH is on a strong uptrend coming from low 5300 sats area, DASH is facing a strong resistance or the downward channel of this pattern.
If the price can closed above this trend-line tomorrow, we could see potential rally up to 7000 sats area before making a pullback and form a new Higher Low to change the market trend.
DASH/USDT Long PositionDash was depreciating for quite a while now in a down wedge and formed a triple divergence on AO indicator. That is also supported by the divergence on the RSI. The price action formed a nice hammer candle with a good volume spike on the 26th of December. At the same time, the volume was steadily increasing. The strategy is to go long when the highest point of the hammer would be broken by the price with the stop loss of just below the minimum value of the same hammer candle.
Entry: 40.97
Stop Loss: 37.95
Take Profit: 49.56
DASH/BTC TA Update (Temporary Bottom?)DASH/BTC
A bullish falling wedge pattern broke to the downside inside due to the BTC Dominance pump that happened a few days ago.
DASH has temporarily set a bottom at 5312 sats area and now testing the immediate Daily EMAs.
If DASH can continue higher, areas for potential rejections are between 6310 - 6590 sats regions.
Then we could expect a downtrend action again to comeback retest the previous swing low.
DASHUSD formed bullish Crab | Upto 47% expectedPriceline of Dash / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 56.446 to 49.984
Sell between: 61.450 to 73.570
Regards,
Atif Akbar (moon333)
DASHUSD formed bullish BAT | A good long opportunityPriceline of Dash / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 50.048 to 49.642
Sell between: 51.014 to 52.439
Regards,
Atif Akbar (moon333)
DASH - Bouncing off 2014-15 Support Levels, Ready to Break OutCouple reasons to like DASH right now.
1) The current price action is in a very large, nearly completed falling wedge and is currently testing overhead resistance
2) The daily and weekly RSI levels are 22-23 which are pretty oversold for the macro time-frames
3) The Stoch RSI is also showing oversold and looks ready for a pop upward
4) The MACD is showing strong bullish divergence and support
5) Price is bouncing off of 2014-2015 support levels
Given the oversold conditions and the bullishness of the indicators, I think the price could move quickly once it breaks out beyond resistance. Buy the breakout and hold on.
DASH - Buy the Dip, 15% Target!This is a simple chart. I was looking through my list of alts searching for bargains. I found DASH which has a very nice potential setup. Any time DASH sells off hard, it has a very strong recovery. I think it BTC continues to move sideways the next couple days, DASH could have a very nice recovery at my 15% target level.
Long Dash around $40I am waiting $40 to buy Dash.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.