DASHPERP trade ideas
UPDATE: DASH Super Bullish for April & May - new ATH > $1600SUMMARY: Super Bullish for April and May - Check related ideas (below) supporting assessment
-- Technical --
Update: after massive BTC correction , DASH has maintained the upward channel after testing long run daily support. - very bullish.
Dash has broken through the key resistance level of 0.5 Fib and is at a local ATH - very bullish
It has retested twice the major support @$200 and moved to the upside - super bullish signal
The new uptrend support channel is holding strong and each time it touches the support line (black) we have positive price action - moves strongly up.
1D MACD is showing increasing momentum to the upside.
Bollinger Band are widening with increase volatility indicting price action is increasing.
*Risk : if a liquidity event occurs, all assets are sold off, i.e. Bitcoin has a sharp correction it will affect adversely the Dash price.
We had a sharp correction and overall market has been deleverage expect more stable growth.
-- Fundamentals --
BTC dominance is falling and billions of dollars are moving into the Alt coins (see Alt coin analysis below). - ultra bullish
Most Alts have seen strong positive price actions, however, Dash still maintained a relatively low mkt cap. Very high upside potential compared to the other alt coins.
Dash has massive utility in South America and is used as a type of currency in Venezuela and other countries that are suffering from hyper inflation .
Happy Bull Market come Alts season.
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
DASH has ALWAYS used this Price ChannelHello Guys!
Today I am sharing with you all a very unique chart that I have put together. The purpose of this chart is simply to show a broader perspective as to how DASH has always moved.
To give a brief explanation as to how this was made:
- This is a Fib Channel
- Point 1 was the May 2014 ATH of $16.8822
- Point 2 was the Dec 2017 ATH of $1617.4745
- Point 3 was the Jan 2015 Bottom of $0.90562328
- I made this as a step ladder, going from 0 to 2, with incremental steps of 0.1
Now for the Juice! This is a 2 Week Chart on DASH. We are about to have our 6th candle in a row that cannot close above its currently held resistance line. Although it has made wicks to the next rung up, DASH has not made a 2 Week close above our current level, which is now around $300.
Because of this, I fully expect DASH to work its way down the rungs. If it were to go down to the next rung on the next 2 Week Candle, DASH would be around $220.
Currently on the 1 hour chart (down below), I have seen that DASH broke below a rising wedge (which is a bearish continuation pattern in this case). With this, price should drop towards around $234 (breakdown minus ), which is starting to build a good case for DASH to make its way lower, using one of the lower rungs as support.
In the chart below, there is also the (from top to bottom in price):
- 200 WEEK Moving Average currently at $205 (green)
- 200 DAY Moving Average currently at $135 (red)
- 100 WEEK Moving Average currently at $104 (white)
Each one of these Moving Averages coincides at these various different rungs, and will also act as key support makers.
I'd highly suggest you zoom in and look at how price moves relative to these lines from the beginning of DASH to present, as this will provide you with an understanding of how seriously DASH moves within these boundaries.
This simple drawing is meant to shed light on how DASH moves, and I think that you can make out well with these lines in conjunction with using other indicators, trend lines, and even looking at doji candles around these levels.
I hope you all enjoyed this neat perspective on DASH and hope it will keep you level headed. Please be sure to give a LIKE and SUBSCRIBE if you did! Have a great rest of your day or night, and as always, be sure to do your own due diligence.
DASH to ATH by the end of summer?DASH looks like its following this parabolic path pretty well. The RSI is looking a bit high, but the MACD looks perfect for this to happen. Looks like we could be hitting $1500 by July or August. As always, this is very speculative, so be sure to do your own research, these are just my thoughts. Thank you, let me know what you guys think!
DASH/USD $2000 USD+ ALT SEASON BUY EVERY DIP.What I see is a pattern.. BTC/ETH/XMR/ZEC/LTC all the OG cryptos showing the same patterns..
I see Dash blowing past ATH buy all dips and lets come back and celebrate this post after 3-6 months.
DASHUSDLooks like it will explode!If you are a short term trader you may not find what you are looking for...
Not a financial advice!
DASH deep retracement buy A classic deep retracement buy on major support levels. Buy here and sell at the resistance.
Dash ready to go parabolic 🚀Looking for dash to break this trendline in the coming week. Once it breaks then I am expecting it to go parabolic right to ATH within 2 months. Notice how eth made a U-shape on the weekly and once it broke that trendline it went directly to ATH within 2 months. I am expecting dash to do the same. This lines up with dashbtc hitting .02+ this quarter as well.
I am predicting an ATH for dash in June. Worst case scenario would be ATH in July. Let me know what you think down below.
Dashhitting the 0.78 fibonacci level and its on a strong resistance area and the macd indicator goes to a good position.
Will your hopes be DASH ed? OR DAre SHall I say CHA-CHINGAfter being hyped by some big players, DASH has shot up..... However, what must go up, must come down... Well, except if you live in the magical, mystical crypto land. Watch carefully the little red target. There's a probable retracement down to the next Fibonacci level. From that point, there will likely be a rapid move in either direction to a previous price level.
A good strategy might be scaling in a buy as sellers panic (hoping to buy in on the cheap). Or you could buy a slight bit above the target if it rebounds and go long.
Indicators say that this little DASH is oversold.... And, if you look carefully, you'll see a tiny little DOJI, that says buyers and sellers are in a little tug-of-war.
You can see here in the indicators DASH is smack dab in the middle at NEUTRAL. www.tradingview.com
NOT original joke....
Ordered takeout from Door Dash and offered the Dasher some fries.
"Nah, I'm good. I already had some"
💡Don't miss the great buy opportunity in DASHUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (327.80).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 385.00
TP2= @ 420.00
TP3= @ 461.19
TP4= @ 545.00
TP5= @ 617.37
SL= Break below S2
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💡Don't miss the great buy opportunity in DASHUSD
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (327.80).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DASHUSD is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 385.00
TP2= @ 420.00
TP3= @ 461.19
TP4= @ 545.00
TP5= @ 617.37
SL= Break below S2
❤️ 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 / Crypto 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 ❤️
DASH Super Bullish Signal for April - new ATH > $1600-- Technical --
Dash has broken through the key resistance level of 0.5 Fib and is at a local ATH - very bullish
It has retested twice the major support @$200 and moved to the upside - super bullish signal
The new uptrend support channel is holding strong and each time it touches the support line (black) we have positive price action - moves strongly up.
1D MACD is showing increasing momentum to the upside.
Bollinger Band are widening with increase volatility indicting price action is increasing.
*Risk : if a liquidity event occurs, all assets are sold off, i.e. Bitcoin has a sharp correction it will affect adversely the Dash price. E.g. the last 4-5 Bitcoin corrections fell about 5%.
-- Fundamentals --
BTC dominance is falling and billions of dollars are moving into the Alt coins (see Alt coin analysis below). - ultra bullish
Most Alts have seen strong positive price actions, however, Dash still maintained a relatively low mkt cap. Very high upside potential compared to the other alt coins.
Dash has massive utility in South America and is used as a type of currency in Venezuela and other countries that are suffering from hyper inflation.
SUMMARY: Super Bullish for April and May
Happy Bull Market come Alts season.
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
DASH FINANCIAL FREEDOM INC.Dash is showing similar price action to the start of the previous bull market. 2000 Dollar Dash inevitable.
DASHUSD 1Day Observation Observe today if the 1D Candlestick closes above the yellow resistance line
If Candlestick closes above resistance at the end of the day
the target will be bulls between 127-138 of the fibonacci retracement
DASH Ready To Rock N Roll Dash has been kind of lagging behind in recent days, but has finally made a new top since 19 Feb. That looks extremely bullish to me.
Not only have we successfully back tested yellow descending trend line and made a new top, we have broken through 0.382 fib retr. level. If we manage to break above 0.5 level, we may well consolidate a bit in a 0.618 and 0.786 area before another leg up.
That doesn't mean that we cannot have a small correction from here. We have to be prepared for anything in this market haha.
You have to understand that i am not a financial advisor and non of this is a financial advise. I could be very wrong about all of this.
KRAKEN:DASHUSD
Just Updating my DASH Chart At a resistance point, just trying to take it to a lower timeframe support
