Dash a buy...?Technicals and indicators all look good, a golden cross on the ma would confirm a breakout for certain, long either way. Check out their features and contracts similar to eth and ada.
good luck!
DASHPERP trade ideas
DASHUSD very bullishI'm not sure just an idea. I'm very bullish for dash, I believe we will see it breaking the next resistance very soon.
Not a trading advice please make your own research.
dash severely undervalued? prollysomething something keltner channels something something trendlines something something fair value
DASH vs LTC, will DASH ever retain its former glory?Over the past few days, DASH and LTC breakouts have surprised quite a few as the price of BTC has slipped back and forth after trying to recover back to its recent all-time-high. However, in my opinion the long-term logarithmic trend is the more interesting trend to watch between these two veteran cryptocurrencies.
Over the past few years, a descending channel has formed in favor of Litecoin in the DASH/LTC relationship (as represented by the blue lines). However, Dash has been looking to challenge this trend consistently for the past year. Now it looks as though a long-term wedge (pennant?) may have formed as well after a steep downtrend occurred for DASH at the beginning of 2021, and it now appears as though Dash might be attempting a break out over the next few weeks/months. Whether DASH will successfully break out however is anyone's guess.
I should note as well that although the price of LTC and DASH are nearly identical today, DASH at one point was nearly 27 times the price of LTC (this is the logarithmic chart after all)! Hence it should be interesting to see if DASH is able to compete in any way near its former glory. In the meantime it looks to be an interesting pair to watch to see if either a breakout occurs anytime soon for DASH or if LTC might takeover in the long-term relationship.
As always, this is solely my opinion and should not be considered in any way as financial advice. But please like or comment if you agree or or have any opinions, especially if you are a Dash or Litecoin aficionado.
DASH LONGShort term target $700 USD to catch up to other blue chip dinosaur coins. Higher targets plausible ($1500+) after redistribution and consolidation. Considering this is the zhuper cycle, this would not be remotely unprecedented for Dash.
DASHUSDWeekly arc shows that by May 2022 DASH will reach previous ATH $1600 with some bumps along the road. Good luck
DASH AnalysisGoodmorning Traders,
A colleague asked me to look at Dash-USD
I thought it might be nice to explain how I sometimes confirm a trade for either opening or closing.
I know the chart looks busy, but in chronological order, Ill explain my steps. Marked by the symbols +/- or neutral
- First look at the levels on Daily for support and resistance, potential stop area, and targets / neutral score
- Look for candle formations and shapes > Double Top potentially forming -
- MACD and DMI still have bullish indications +
- RSI is not at an extremely nice level for strength, hence the rejection so far of the previous high. So be wary of the strength in the market for a hard push -
- The last step was to have a larger timeline Fibonacci overlay, which confirms our levels both in support and resistance zones and for future potential targets
Conclusion: wait for more clarity before opening a position, if you already in DASH monitor your position closely.
Sometimes logic (double top) doesn't mean anything in crypto. Most often it does do> risk/reward ratio. Which is not positive atm.
Wait and be patient, don't chase money. Let the trade come to your conditions, where to a certain degree you can control risk.
Best of luck
Possible Long Set-up for DashDash has broken out of a right angle triangle on the 4 hour and is now testing recent ATH. Break above would be very bullish. Failure to break ATH could send dash back down to test resistance. NOT FINANCIAL ADVICE.
DASH potential entries for a long-term levg longAreas of interest to take on a long-term leveraged long on dash using light leveraged (3-5x)
TRADE VIEW ON DASHLooking at #DASH on 4hrs TF... My zone of interest is $360-$380. Price is compressing towards this zone, so i expect price to shout up into the zone(MPL) and drop to $275-#280. That is the price level where i will be on the lookout for a buy. #dashcoin
Dash Rising WedgeDash is forming a rising wedge and is preparing for a major take off. This cryptocurrency has been gaining traction and has several highly lucrative projects in progress. I plan to take profits at the top boundary of the wedge as there may be another retrace to the bottom boundary but after that I'm buying in for a long haul.
Patience is KeyStay with the market either way its bullish.
After breaking Resistance, We can see an upcoming Target of 127-138 of fibonacci retracement
Dash Peak in end of SeptemberThere is a cup being formed that has served as both resistence (2018) and support (2021). If this is correct Price target is close to 1500$ and will be reached around end of September.
DASH Buying and Selling OpportunitiesHey everyone!
I'm super stoked to share with you this chart. I have shown this trend channel in my other numerous trading view ideas because of how important it is, but I am going to be giving more perspective to it.
If possible, be sure to look back in time on the price chart in accordance to the TSI support and resistance levels, just so you can see how strong these levels are.
Now for the meat:
This is a 12 hour DASH Chart. On April 30th, we reached the trend channel around $330. Looking at our TSI (which is an even better Stochastic RSI), we are hitting resistance to two different green trend lines.
The important thing I want to illustrate in this chart, is that, if you look at any price peak where we hit an important trend channel, we also subsequently were at a resistance level on the TSI. This has been the same for buying opportunities. Whenever we hit the bottom of a price trend channel, we were also bottomed out on a key support level on the TSI.
Because of where we are in relation to the TSI acting as resistance, and having hit resistance on our price channel, I am personally expecting that a good buy opportunity will come about in the $280-$295 Zone, depending on time.
Another thing to note, is how there is bearish divergence:
- On April 6th, price had a close of $275, with the TSI at 27.7701
- On May 1st, price had a close of $322, with the TSI currently at 9.2065.
This is because, price made a higher high, but our indicator (TSI) made a lower high.
To me, this gives more reassurance to be patient and try to line up a good buy in this $280-$295 range. I think this would be healthy as well, because we really struggled to break above the $280-$295 area, even after the break above of our symmetrical triangle- and confirming this level as support would give DASH that much more strength to push higher.
However, we always have to remain level headed. On April 11th, there was also bearish divergence, while price had simultaneously hit a trend channel resistance, and was a little bit above the TSI Resistance. It did make a small retracement, but it was not able to reach the lower trend line. We could very well face the same dilemma where we currently stand.
If you are bullish, you would want to see the TSI make a move upwards above our current resistance line, as well as price being able to get above its trend channel resistance.
I hope you guys enjoyed this idea, if so, be sure to give it a LIKE and SUBSCRIBE. I hope you all have an Awesome rest of your day, and as always, be sure to do your own due diligence.
Dash 5.1.21 30k targetThis might be one of the most under rated plays of 21. I even forget about this damn thing so much and its been in an accumulation pattern for many years. 1500 first. THen 30k?
2 scenarios that I like the look of for $DASH.I think the orange horizontal ray at around the $310 level is going to be the decider as to where we go with dash over the next few days. A close below could indicate we drop back towards the ascending trend line and grey box indicated below.
Or secondly we close above the $310 level and keep riding, then use this level as support for the next move up.
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I’m a 23 year old trader with 5 years experience in trading cryptocurrency & forex. My ideas are for educational purposes only. Each & every idea/trade I post is a setup based on a position I myself will take - so I’m always in it with my followers.
I post daily updates on how I believe the market will move. If you like my content please like, comment & follow. I love to hear what you guys think, whether your outlook is the same or different to mine its always great to converse in the comments. Let’s surround ourselves with likeminded traders & investors!
Have a great day, be patient & profitable!
