DASHUSDT Last attempt to finally break the 1D MA200!*** ***
For this particular analysis on Dash we are using the DASHUSDT symbol on the OKX exchange .
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The idea is on the 1D time-frame where DASH is approaching the 1D MA200 (orange trend-line) for the 2nd time since the November 08 rejection (FTX). This is the first time since the price broke below the 1D MA200 (December 01 2021) and never touched it again, that it will approach it twice on such a short time window.
This is the ultimate Resistance test for the coin as, as mentioned, it has been unbroken since Dec 01 2021. Ideally, we would like to see a break above the November 10 2021 Lower Highs trend-line, before calling for a long-term bullish reversal on DASH , in which case we can start targeting the Fibonacci levels since its 2021 All Time High, one by one, with the 0.236 Fib (at 58.7) being the first, which was the Resistance on the August 09 2022 High.
Notice also the RSI on the 1W time-frame, which is also making a key test on its August 2021 Lower Highs trend-line. A break there, can possibly be an early bullish reversal indicator.
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DASHUSDT trade ideas
DASH made 14% today. What's next?Hello, dear TradingView members.
This is a DASH idea.
The price has made a 14% pump today and got rejected by the local resistance price area.
It is now sitting on local support and looks like it's holding.
There are two support levels on the way down and two resistance levels on the way up.
There are two possible scenarios:
Scenario one:
The price gets more support and buy volumes and goes back up to retest the resistance levels.
Scenario two:
The price gets rejected again and falls on the lower support levels.
If you want to open long positions, it's wise to wait for the price to break the local resistance price zone and then open your trades.
RSI is oversold, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
DASH - Long-Term View! ✒️Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
DASH has been overall bearish for a while and it is now approaching a strong weekly support and round number 30.0 in green.
DASH is forming a channel in red . For the bulls to take over from a long-term perspective, we need a break above the channel and last major high in gray (50.0)
Meanwhile, until the buy is activated, DOT would be overall bearish and can still trade lower inside the 25.0 - 30.0 support.
In this case, as price approaches the support again, we will be looking for short-term buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#DASH to 67$?Hello dear Traders,
Here is my idea for #DASH
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
DASHUSDT | LONG ON BREAKOUTDASHUSDT has been trading in a bearish trend under the falling resistance.
It has been holding horizontal support for a very long time.
There are multiple attempts by bears but bulls shown strength every time at this key level.
Now price has broken above the falling resistance
The bulls need to hold above the breakout zone. .
Manage your levels accordingly.
DASHUSDT | Bulls Assemble?DASHUSDT has been holding horizontal level of 39 for a very long time now. We have seen 5 attempts but bears are unable to break it.
We expect price to break from here now. The only thing required is breakout from falling resistance and RSI should break above neutral zone.
How do you see DASH in coming days?
DASH a good entry point for a longHello friends. In the review, the DASH coin. I marked the support zone on the chart. The tool has been tested many times. Locally, we observe a downward trend. Now is a good point to enter the long, the risk is that the zone may not be able to resist and the instrument will be dragged much lower. I would consider entry from a local downtrend at 40 with targets of 50 - 57 - 69.