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DASHBTC trade ideas

DASHBTC Looking Solid - Levels to WatchThe DASHBTC pair has a lot going for it. I've been watching it for a while, and it is looking more and more SoLiD. The Upside ---------------- The chart shows a solid breakthrough the neckline of a classic inverted H&S (indicated by the small blue box), which could indicate a reversal in the long downtrend it has been in against BTC. The Weekly candle closed above the 50 EMA and the MACD is poised to make a crossover of the baseline. The Downside -------------------- DASH has a large resistance zone coming up (big blue box), as well as the 100EMA, either of which could reject further upside. DASH also runs the risk of going oversold on the RSI with too much upside without consolidation. It could be smart to take some off the table depending on the price action at these levels. What I Expect ----------------- I expect a small consolidation here, with a retest of the neckline and/or the 50EMA on the weekly. If support is found, I would expect it to test the 100EMA, followed by the resistance zone. If DASH can prove itself at these levels I expect the upside could be quite lucrative in a long position. Targets --------- My first target is .016, the target for the Inverted H&S, and right on the other side of the resistance zones. The next targets are related to resistance zones and fibonacci levels from the recent downtrend (ascending blue boxes): .024 .038 .052 .09 ATH As always, take this advice with a grain of salt and do your own research. This isn't financial advice, I'm not an investment advisor, and I don't know you.
Long
by tr0n-
Eyes on Dash | 1200% potential | Long | DashBtcEyes on Dash - Dash - the sleeping giant no-one talks about. ---------------- Weekly - Market Cap ₿71,393 24 Hour Trading Vol ₿34,698 - Green = Resitance Red = Support - All-Time High in #BTC was ₿0.11254554 - PA has taken support of 20 ema & broken 50 ema resistance. 100 ema next. The right time to enter and be patient. Landing on Moon by October. - Safe play ----------- My Tp starts at 2x. Sell 1/2 at 2x to protect your investment. Leave rest for the moon bag. - Stay safe! We are all going to make it!
Long
by DrWho_
DASH/BTC Cup & Handle Breakout!About a month ago, I mentioned how DASH had broken out of a descending wedge for DASH/BTC that had been forming since around the beginning of 2020. Now it looks as though a cup and handle pattern has been forming since Valentine's Day 2021 (how lovely) with the handle formation completed (nicely outside of the wedge) and an additional retracement back to the point of the breakout now completing as well. If the cup and handle pattern continues and does not break further below into the handle, there is a potential upside to near the length of the cup (dashed green line) based on the rules of the cup & handle pattern. However, as no pattern is guaranteed, there is of course the possibility that the trend could head further below the breakout, but at least so far the pattern looks fairly consistent with the appearance of a cup and handle pattern with potential upward in my opinion based on a continuation of the aforementioned descending wedge breakout as well. As always, this is solely my opinion and should not be taken as financial advice. But please like or comment if you agree or see anything differently.
Long
by crypto_trends