DASHUSD trade ideas
MY NOT SO MINIMALIST CHART ANALYSIS FOR $DASH$DASH - DASH ON A DAILY CHART
5.8.21 1408H +8 PACIFIC
MY NO SO MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS.
So do I go on a Ride into The Second Swing or not?
Who knows what the market will do in a few hours or so.
Am I 100% prepared? Yes. Am I 100% sure of my forecast? No. Will I have a heart attack if expectations are not met? No.
Then, I can live to fight another day? Yes. Lol!
So the answer to the first question is a big, YES!
Happy Trading and I Thank my Mentor for all the heart aches that I do not have to go through. You are a blessing!
Note:
This is not a piece of financial advice.
I am just a student and still learning.
Adjustments will be made in
accordance with The Dynamics of the
Market along with its Trading Psychology.
Postings done most of the time will be
delayed, as it takes time for me to finish
on several assets.
Updates will be posted religiously if time
permits.
MY MINIMALIST CHART ANALYSIS FOR $DASH$DASH - DASH ON A DAILY CHART
5.9.21 0901H +8 PACIFIC
GOING BACK TO MINIMALISM
I am Back to Minimalism. Sorry I made a mistake in my previous published idea on $DASH
I should have not placed an ABC PATTERN, since patterns are dependent on corrections and extensions, from ABC,ABCDE,XYZ,AB=CD and so forth.
The minimal use of tools that I am learning are range boxes that can visually show me areas of minor and major corrections via large and small range boxes.
Fib levels are done just to check on top up areas adding new stop losses and targets connected to my primary target, which is the large swing.
On this chart I placed Fib levels only as an example, that the range boxes being laid out upon determining a good entry point for an up swing determines such moves in advance. Having said so,
I will not complicate things and stick to a minimalist approach to trading that is easy for me and fits my trading psychology and risk appetite.
I would like to thank my Mentor for all the blessings of wisdom, God Bless You!
Happy Trading Everyone!
Note:
Run your Fibs at top and bottom of
the big and small range boxes together
with your chart for your targets.
This is not a piece of financial advice.
I am just a student and still learning.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings done most of the time will be
delayed, as it takes time for me to finish
on several assets.
Updates will be posted religiously if time
permits.
DASH GOLD Part 15.8.21 DASH GOLD Part 1: review of a follower's chart, and review of a student's trade management of a gold trade.
DASH - A return to ATH in 12 weeks time 🚀🌙Privacy coins are breaking out. We are DASHing all the way back to our all time high. Comparing the XMR chart to ZEC and DASH, they look absolutely identical. The only difference is that DASH and ZEC are 12 weeks behind XMR. Looks like they will return to their respective ATH some time around August 1st, 2021. We can also consider this to be a massive cup-and-handle pattern forming, spanning several years. Given the long time frame, this may have a good possibility of unfolding in our favour. The handle breakout beginning in August could bring DASH to a new ATH beyond $3000. DASH and ZEC look to be straight up on the weekly candles from here, with possible minor corrections along the way. Watch the 4H to determine your preferred entry. I am going long on these two privacy coins and will not be taking profits until reaching back to the previous ATH... I am confident that ZEC and DASH will follow in Monero’s footsteps and return to their respective ATH in approximately 12 weeks. That being said, there will certainly be many ups and downs along the way and this is a highly volatile trade. Always research for the latest news surrounding crypto, specifically privacy coins. There may be increased demand for privacy coins due to the current economic situation, or they may be at risk of being de-listed on more exchanges with more talk of regulations coming to crypto... privacy coins will certainly be a target, but they are also of great value within the crypto space. Keep monitoring the narrative. Of course use stop losses if trading w/ leverage. I do not trade on margin. Do your own research and invest with your own risk tolerance in mind. Do not get REKT. Best of luck in your investments.
* NOT FINANCIAL ADVICE!
DashTesting an insane resistance. Had a fake breakout and failed hold as support. 391 is one level we bounced could be a solid level. And 373 is another if we fail here. If we can confirm 450 as new support it’s a move to 650$.
Is Dash running towards its ATH?Does DASH start its rally towards ATH? It seems the volume is still low, but it can go high like EOS or ETC.
DASHUSD inside a strong bullish price channel.
= 1H .. the top of an uptrend.
_____
Three scenarios:
= First: Continuing and exceeding 417.42 goes to 450.63__483.17.
Second: a drop to 383.58 and then a change to the top, which goes to the same goals
Third: a drop to 351.31, then a change to the top that goes to the same goals
Still longEverything clear on the chart. Take a look at the idea attached (linked) on this one.
Goodluck...
I ANALYZE FOR YOUR COMFORT - DASHAfter ETC, XLM, EOS exploded yesterday, today may be DASH day. The chart looks very bulish, all that remains is to confirm and climb. The alternative, if it breaks through the red box, means some correction.
