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Dashusdtechnicalanalysis

DASH/USD LONG SET UP (HODL) (DASH ROCKET)Dash is a cryptocurrency unlike most others. It’s neither a development platform nor it is like first cryptocurrencies with their huge transactions fees, long transaction waiting times, and volatility Dash is oriented on a completely different level. Developers define Dash as a cryptocurrency analog for electronic cash. They want Dash to be as liquid and as fast as the online fiat money that is mostly used now Dash is decentralized peer-to-peer electronic cash built on core of Litecoin, enabling such features as PrivateSend and InstantSend. Dash is decentralized in governance and founded via its own network by mining, which makes autonomous and independent from any authority but its own users. The average block mining time is 2.5 minutes on the Dash Blockchain, making Dash significantly faster than Bitcoin . Dash Launches Latin America’s First Ever Crypto Debit Card Crypto exchange Tauros will offer the first crypto debit card backed by Dash in Latin America. Dash has partnered with Mexican cryptocurrency exchange, Tauros. io , to release the first crypto Visa debit card in Latin America. The offer will initially only be available to Tauros’ customers in Mexico. The card will work at millions of stores in Mexico by converting crypto funds to pesos using the Tauros mobile app. It will also be capable of conducting online transactions. Speaking with Cointelegraph, Ernesto Contreras, Head of Business Development at Dash Core Group, provided more details about the new product, which is the first of its kind in the region: "The Tauros card is a first in Mexico and the region, and it will also allow for a very easy way in and out of the Tauros ecosystem, which is very important as it adds massive usability to Dash users in the country. The fact that we are giving the opportunity for people to earn DashBack rewards with their card will also give a boost to the crypto ecosystem in Mexico as now anyone can use their pesos, and Hodl Dash." COVID-19 drove the debit card’s launch forward He added that the recent need for contactless payments helped to accelerate the product offering. He emphasized the necessity of social distancing, noting that this will be the “new normal after this pandemic.” Salador Melendez, CEO of Tauros Exchange, believes that the crypto ecosystem in Mexico is interested in a way to spend crypto directly. He stated that “this new world is about freedom.” The Dash Core Group recently announced plans to release another update near the end of August. Title : DASH/USD BUY SIGNAL Asset : Crypto Type : Limit Order Or Market First Entry Time Frame : WEEKLY Entry Price 1 : $76.00 ✅ Entry Price 2 : $66.00 Stop Loss : $56.00 TP 1: $86.00 (100 PIPS) TP2: $96.00 (200 PIPS) Tp.3: $106.00 (300PIPS) Tp.4 $116.00 (400 PIPS) tp.5 $126.00 (500 PIPS) RISK MANAGEMENT STATUS: 🏃🏽‍♂️ACTIVE (ENTRY 1)
COINBASE:DASHUSDLong
by MavRich_Trading
4
DASH/USD LONG SET UP (HODL) (DASH ROCKET)Dash is a cryptocurrency unlike most others. It’s neither a development platform nor it is like first cryptocurrencies with their huge transactions fees, long transaction waiting times, and volatility Dash is oriented on a completely different level. Developers define Dash as a cryptocurrency analog for electronic cash. They want Dash to be as liquid and as fast as the online fiat money that is mostly used now Dash is decentralized peer-to-peer electronic cash built on core of Litecoin, enabling such features as PrivateSend and InstantSend. Dash is decentralized in governance and founded via its own network by mining, which makes autonomous and independent from any authority but its own users. The average block mining time is 2.5 minutes on the Dash Blockchain, making Dash significantly faster than Bitcoin . Dash Launches Latin America’s First Ever Crypto Debit Card Crypto exchange Tauros will offer the first crypto debit card backed by Dash in Latin America. Dash has partnered with Mexican cryptocurrency exchange, Tauros. io , to release the first crypto Visa debit card in Latin America. The offer will initially only be available to Tauros’ customers in Mexico. The card will work at millions of stores in Mexico by converting crypto funds to pesos using the Tauros mobile app. It will also be capable of conducting online transactions. Speaking with Cointelegraph, Ernesto Contreras, Head of Business Development at Dash Core Group, provided more details about the new product, which is the first of its kind in the region: "The Tauros card is a first in Mexico and the region, and it will also allow for a very easy way in and out of the Tauros ecosystem, which is very important as it adds massive usability to Dash users in the country. The fact that we are giving the opportunity for people to earn DashBack rewards with their card will also give a boost to the crypto ecosystem in Mexico as now anyone can use their pesos, and Hodl Dash." COVID-19 drove the debit card’s launch forward He added that the recent need for contactless payments helped to accelerate the product offering. He emphasized the necessity of social distancing, noting that this will be the “new normal after this pandemic.” Salador Melendez, CEO of Tauros Exchange, believes that the crypto ecosystem in Mexico is interested in a way to spend crypto directly. He stated that “this new world is about freedom.” The Dash Core Group recently announced plans to release another update near the end of August. Title : DASH/USD BUY SIGNAL Asset : Crypto Type : Limit Order Or Market First Entry Time Frame : WEEKLY Entry Price 1 : $80.00✅ Entry Price 2 : $76.40 Stop Loss : $71.80 ( 100PIPs) TP 1: $101.80 (100 PIPS) TP2: $111.80 (200 PIPS) Tp.3: $121.80 (300PIPS) Tp.4 $131,80 (400 PIPS) tp.5 $230.00 RISK MANAGEMENT STATUS: 🏃🏽‍♂️ACTIVE (ENTRY 1)
COINBASE:DASHUSDLong
by MavRich_Trading
DASH/USD LONG SET UP (HODL)Dash is a cryptocurrency unlike most others. It’s neither a development platform nor it is like first cryptocurrencies with their huge transactions fees, long transaction waiting times, and volatility Dash is oriented on a completely different level. Developers define Dash as a cryptocurrency analog for electronic cash. They want Dash to be as liquid and as fast as the online fiat money that is mostly used now Dash is decentralized peer-to-peer electronic cash built on core of Litecoin, enabling such features as PrivateSend and InstantSend. Dash is decentralized in governance and founded via its own network by mining, which makes autonomous and independent from any authority but its own users. The average block mining time is 2.5 minutes on the Dash Blockchain, making Dash significantly faster than Bitcoin. Dash Launches Latin America’s First Ever Crypto Debit Card Crypto exchange Tauros will offer the first crypto debit card backed by Dash in Latin America. Dash has partnered with Mexican cryptocurrency exchange, Tauros.io, to release the first crypto Visa debit card in Latin America. The offer will initially only be available to Tauros’ customers in Mexico. The card will work at millions of stores in Mexico by converting crypto funds to pesos using the Tauros mobile app. It will also be capable of conducting online transactions. Speaking with Cointelegraph, Ernesto Contreras, Head of Business Development at Dash Core Group, provided more details about the new product, which is the first of its kind in the region: "The Tauros card is a first in Mexico and the region, and it will also allow for a very easy way in and out of the Tauros ecosystem, which is very important as it adds massive usability to Dash users in the country. The fact that we are giving the opportunity for people to earn DashBack rewards with their card will also give a boost to the crypto ecosystem in Mexico as now anyone can use their pesos, and Hodl Dash." COVID-19 drove the debit card’s launch forward He added that the recent need for contactless payments helped to accelerate the product offering. He emphasized the necessity of social distancing, noting that this will be the “new normal after this pandemic.” Salador Melendez, CEO of Tauros Exchange, believes that the crypto ecosystem in Mexico is interested in a way to spend crypto directly. He stated that “this new world is about freedom.” The Dash Core Group recently announced plans to release another update near the end of August. Title : DASH/USD BUY SIGNAL Asset : Crypto Type : Limit Order Or Market First Entry Time Frame : WEEKLY Entry Price 1 : $81.80✅ Entry Price 2 : $76.40 Stop Loss : $71.80 ( 100PIPs) TP 1: $101.80 (100 PIPS) TP2: $111.80 (200 PIPS) Tp.3: $121.80 (300PIPS) Tp.4 $131,80 (400 PIPS) RISK MANAGEMENT STATUS: 🏃🏽‍♂️ACTIVE (ENTRY 1)
KRAKEN:DASHUSDLong
by MavRich_Trading
3
DASH/USD ROCKET LONG SET UP (HODL) MOON TIMEWhat Blockchain Data Tells Us About Dash Taking a look at Dash holders around the current price In the graph below, we can see addresses that bought Dash between $57.27 and $79.71. IntoTheBlock’s “In/Out of the Money Around Current Price” model reveals that 13.44k addresses bought 198.91k Dash at an average price of $69.07. This gray cluster of holders can be considered as a resistance area for the upward trajectory of the price. Holders have a long term attitude towards Dash. IntoTheBlock’s “Ownership by Time Held” analysis segments addresses based on their average holding periods. Below we can see the Hodlers indicator that covers the number of long term holders (those that hold longer than 1 year and the Cruisers indicator that covers the number of medium term holders (those that hold the token between 1 month and 12 month). The vast number of holders are mid to long term with a dominance of 85% representing 1,167 million addresses. Dash price volatility is going up. In the graph below we can see a spike in the price volatility for Dash reaching a high level of 196% on January 24th, maintaining the volatility above 100% since mid-January. Also, it is worth mentioning how Dash is usually strongly correlated to Bitcoin’s price. Although, we can see also how the correlation decreased to 0.79 when the price of Dash reached $133.51. Dash Holders are mostly western Retail Investors. Metrics revealed by IntoTheBlock´s East-West analysis show that Dash is a worldwide traded token but with a higher activity of 58.97% predominance from the western hemisphere where the adoption seems to be faster. Dash is a highly distributed asset, as almost 84% of the holders are retail investors that own less than 0.1% of the circulating supply of tokens. There has been a recent spike in the UTXO Age Streams. IntoTheBlock´s UTXO Age Stream graph shows a distribution of the different UTXO positions over time. We can see that for this asset, 23% of the tokens or 2.19 million Dash have been held for a period between 2 to 3 years being the most relevant group in the composition. As Dash continues its evolution within the crypto market, some of these indicators show different views and perspectives to better understand and analyze the asset. Bear in mind that at IntoTheBlock we will keep looking for new and interesting patterns that are emerging. Title : DASH/USD BUY SIGNAL Asset : Crypto Type : Limit Order Or Market First Entry Time Frame : WEEKLY Entry Price 1 : $72.25 & Entry Price 2 : $68.25 Stop Loss : $52.25 TP 1: $87.75 ---- TP 2: $98.00 TP3: $128.25---- TP.4 $147.75 Tp.5 $158.00--- TP.6 $240.25 MavRich •Why We believe that the majority have big dreams and goals,and if given the right opportunities mixed with inspiring ambition you can do amazing things, like becoming doctors, lawyers, business owners, or master the art of trading. We understand that goals can be financially limited and we are here to help! We are a company determined on exceeding expectations,breaking the barriers hindering financial freedom,and making for a better tomorrow today-not for us but for the commonwealth •How Here at MavRich we take advantage of every opportunity given,we invest in all markets such as forex,crypto,and stocks. We are defying the very meaning of efficiency by being able to send you a variety of consistent quality trades that you can input right through your phone! We work day and night marking up charts,staying up to date on latest news, and backtesting to ensure you maximize your profits!! Every trade that we send is Backed by our teachers who have thousands of hours of wall street experience So what are these markets? Forex or Foreign exchange is a world market where one currency is being traded for another,however Cryptocurrency is an exchange which uses cryptographic functions to conduct financial transactions, and trading the stock market involves buying and selling shares of individual companies. •What we do We help the majority achieve financial freedom
COINBASE:DASHUSDLong
by MavRich_Trading
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
BITTREX:DASHUSDLong
by MavRich_Trading
DASH / USD (DASHUSD) Weekly, DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. Trades made when the weekly and daily arrows are pointing in the same direction are the most profitable. This is not trading advice. Trade at your own risk.
KRAKEN:DASHUSD
by Dinjin
DASH / USD (DASHUSD) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
KRAKEN:DASHUSD
by Dinjin
This Is Why I Am Bullish On Dash CoinA powerful big move upto 285%: On 3rd January 2020 I posted an article where I have revealed that the price action of DASH had completed the formation of bullish Gartley pattern. The pattern was begin on 27th of December 2019 and completed on 2nd of January 2020. When I published the chart the priceline was just entered in the potential reversal zone after the completion of this pattern. And the DASH had the value of $40. 15. The potential reversal zone or buying zone of this pattern was from 40. 72 dollars and the maximum extent of this zone was $39.58. From this level the price action was expected to move up to atleast enter in the Fibonacci projection area of A to D leg from 0.382 to0.786 Fib level. This pattern was very short term 12 hour time period and on very next day the priceline of DASH coin moved up with the powerful divergence and produced really very massive profit up to 285%. Falling wedge: On weekly chart it can be observed that since December 2018 price action of Dash coin is moving in a falling wedge. And during this recent strong bearish trend the priceline has hit the support of this wedge for another time. After placing the volume profile on the complete priceline moving within this falling swedge we can see that the traders interest is very low below the support of this wedge and point of control of this wedge is at $71. Even though the Bollinger band has been expended and there is some more space in the Bollinger band that the price action can move more down to hit the lower bands or support of the bollinger bands but as we have just discussed earlier that the traders interest is very low below the support level of this wedge pattern therefore it will be really difficult for the price action of DASH coin to move down, up to the support of bollinger bands. And as we have the point of control at $71 therefore the price action is moved up to this point of control. The support and resistance levels: After the recent drop from January to this month it can be clearly seen that the price action of DASH coin has hit at the support of $38.16 and after hitting at this support it is turned bullish and moved up by 126% this Bounce from the support level is forming a double bottom pattern as we can see that the price action had first drop from May 2019 up to December 2019 and the recent downwards move from January 2020 to March 2020. Now the next resistance level for the price action if would be $100 and this resistance can be big hurdle for the priceline to have break out from this level because since December 2018 this level has been working as resistance and sometimes at support as well. Bullish harmonic BAT pattern: Now if we see on 4 days chart then a very clear bullish harmonic BAT pattern has been completely formed. The initial leg was started from the candlestick of 27th December 2019 and it was completed on 30th January 2020. then the price action retraced between the area 0.382 to 0.50 Fibonacci level. And this was the first confirmation of bullish BAT pattern then the price action is moved up and projected between 0.382 to 0.886 Fibonacci projection level and this is the projection of A to B leg this was the second confirmation of bullish BAT pattern. And the recent drop of February 2020 has helped the DASH coin to complete the last bearish leg of bullish BAT pattern and finally the C to D leg has been retraced between 0.786 to 0.886 Fibonacci level. Even though the price action has hit the spike beyond the potential reversal zone but in every next it was the retraced back in the PRZ level and this PRZ level starts from $63.13 up to $51.45. Now from this potential reversal zone level it can be expected that as per BAT pattern and its Fibonacci sequence the price line should move up in the projection area of A to D leg from 0.382 to 0.786 Fib level and this Fibonacci projection area starts from $91 and ends up to $132.92. So it can be upto 158% big bullish move. but if the price action will manage to cross up the 0.786 Fibonacci projection level then after that the price line of dash coin can turn more bullish. Oscillators and indicators are turning bullish: On the same 4 day chart if we see indicators in oscillators then it can be clearly seen that the price action is getting bounced from the lower band of the bollinger bands and the Relative strength index (RSI) went very close to the oversold zone and now it has turned bullish the moving average convergence divergence (MACD) was strong bearish but now it has also turned weak bearish so almost all the indicators and oscillators are turning bullish. Conclusion: As per above studies of the chart we can conclude that now the DASH coin can hit the price between $91 up to $132.92 and we can use the maximum extent of buying zone or PRZ level that is at $51. 45 as stop loss. Note: This idea is education purpose only and not intended to be investment advise, please seek a duly licensed professional and do you own research before any investment.
KRAKEN:DASHUSDLong
by moon333
DASH/USD soon to break the Rising Wedge Hello everybody. I just wanted to share this pattern quickly with you all. So the analysis will be short. - RSI is in the bullish part of the mid zone on the 12 hour pointing up. ( bullish ) - The Stock Indicator is in the "oversold" region - Means we can continue going UP but there is a pullback waiting within 1-2 weeks I would say. ( Neutral ) - My secret indicator is pointing UP and that there is room for growth ( bullish ) - Dash is moving slowly but surely up through the whole pattern - ( Bullish ) - The crypto market is continuing up/consolidating from what I see today. I would say anything can happen within 1-2 weeks but if we see a pullback DASH should recover and continue it's projected UP or DOWN trend ( the direction DASH breaks the formation ) But DASH is most likely going up together with the other alt-coins and bitcoin. Dash has just been gathering strength to continue its climb UP after the crazy Pump it had 1-2 weeks ago. Have a great day and remember to trade responsibly. Confucious
Long
by Confucius-The-Great
5
DASHUSDT LONG - 158$ with higher projections Hello everyone, key level for Dash here - volatility incoming. Bias is long due to the strong trend in the last two weeks and heavy accumulation. Very similar to Monero but with a better chart pattern at the moment :) The Risk-Reward is set for the pattern Take Profit (TP) but if we project using the Fibonacci tool we could end up at 300$! At the same time, descending triangle with support coming around 100$ is definitely weak as we see the bounces becoming increasingly smaller. Both arguments are valid from a technical analysis perspective. Which trade are you going to put though? Watching with a pending put at 104$ - prefer the long bias. Let's see how this plays out. Take care, Vlad The Crypto Trader
Long
by Be_Independent_Tribe