DASHUSD trade ideas
DASHUSD Bearish IdeaGood morning.
-Theoritical SL 99.56
-Bias 84.000
-Tp area 88.000
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At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
DASH - Targets So Big It's Hard To View!The following is a weekly view on DASH
(All views will be zoomed-in on below)
We have just cleared 2 major blue descending lines of resistance shown closer below.
Given the Stochastic RSI is about to cross down, I suspect we will revisit the prior area of resistance of $92.8 and hold that level, creating an area of support (green line shown)
Rectangular target zones are so far away from current prices, our current prices look like a pin-drop!
(1) Light Green Zone 1 - $400 - $500
(2) Green Zone 2 - $500 - $547
(3) Dark Green Zone 3 - $547 - $808
(4) Blue Skies Zone 4 - $808 - $1,250: When price enters this range I suspect it will quickly enter Zone 5
(5) Golden Zone 5 - $1,250 - $1,625
Rationale for these price zones are illustrated below (red lines indicate prior major areas of resistance)
This project is VERY undervalued IMO
DASH USD symmetrical triangle Greetings,
The coin has been developing since 2014. DASH coin with a real working product - instant payments, are accepted mainly in South America.
28th place in the CMC rating today.
On the daily chart formed a figure symmetrical triangle, with a base of 350%, entering the position towards the break-down and confirmation of support. Potential of this trade on the width of the base of the triangle. Target 350-360$. But you need to understand that the price may not reach this mark, so we trade the ladder, fixing part of the profit on these targets, and move the stop loss.
In this case, it is necessary to take into account the volatility of the tool and possible sharp squeezes to carry out stop orders. So you will always be in profit. Strong support is the accumulation zone 65-75$. Consolidation above this zone, will be an additional signal to enter a long position, care and consolidation under this zone, will give a signal to open a short position. Targets in the short 52 and 42.
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Long DASH/USDIn my opinion DASH is bullish and its graph is very nice :
- Breakout of triangle
- Breakout of RSI
Objective around 180$.
Long Dash/UsdLong in Dash/Usd
If we breake resistance at 113$ and 116$, we will see price targets at around 133$. At least 15% profits possible to cash in.
#dash/usd
#PerformingCrypto
Will DASH leave its 700-days-lasting sideways-range?3 reasons why I’m long term bullish on DASH’s chart 📈
✅ first higher high was printed since the drop
✅ first higher low was printed since 2018
✅ volume at Binance & other important exchanges and RSI is rising
A weekly or monthly close above the 3 monthly resistances (which are placed between 108-116 USD) would mean a final confirmation to me.
Fun fact:
- The bear market was lasting exactly 350 days.
- The sideways-range took twice as long as the bear market, so 700 days !
- IF the next bull-cycle will last as long as the bear market, we probably could reach about the 1000-USD-level, which would be a plus of 888 % from now on! Here DASH will hit on its 61.8% Fibonacci-retracement (of 2018’s downtrend) and a weekly open/close resistance.
Hope you enjoyed this analysis and are also a fan of DASH and its fundamental potential as “digital cash” / paycoin.
Have fun and stay safe! 🙏
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Disclaimer: This is no financial advise! Every trader takes its own risk.
Dash- Overlooked 10x play, but not forgotten. Dash is a semi privacy-focused coin. Anon coins overall have the most user cases, but haven't caught much of investor attention lately due to the rise of BTC and DeFi governance tokens.
Dash has the potential to go 10x and it is lagging behind other top coins/tokens in terms of how far its price is from ATH.
Get in now because of the pullback of entire crypto market or scale in slowly unless the price falls below 60-65 range.
All other technical factors look fine and all it needs is some fundamental catalysts.
Swing to intermediate setup. Wait patiently and you will be rewarded.
Just my opinion. Not the investment advice.
DASH dashing up. DASHUSDComing up to the end of the Crypto week, I am electing to look at a fair few impulses. We have DASH here. And it's going up like many cryptos are right now. Goals at a close 90.4, 90.9, 92.66. Invalidation is ofcourse in red, as usual. Don't forget, none of this, and any of my posts, is ever financial advice. I might be a trader, but I will never trade for you for a whole list of reasons.
DASHAt a fundamental level DASH is exciting as it is one of the oldest cryptos still around . Having now been a part of not just 1 but 2 bear markets since 2014. This is promising. As described by the Lindy Effect "every additional period of survival implies a longer remaining life expectancy" .
Dash returned to its original trend line from 2015 for the third time in a year...this time spending several weeks building support on it.
Initial target will be the next trend line (0.236).
Out at break below original trend line.
DASHUSD: BULL RUN INCOMINGDASH has been consolidating for some time now.
As we can see, 4 failed attemtps to hold the trend line.
We have now held it.
Get ready
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