DASHUSDT | FALLING WEDGE BROKENDASHUSDT has been trading in bearish trend which is well respected by falling wedge . Recently the price has broken the falling wedge and price successfully sustain above it then long positions can be taken. The 50SMA is also resisting the bulls.
The bulls are in control.
Trade your levels accordingly.
DASHUSDT trade ideas
#DASH Pinned to an $8 Range as Bears Flow BackPast Performance of DASH
Like other crypto assets, DASH failed to stand tall against a wave of sellers. As of writing, the coin is down five percent and bending back to follow strong bears. The dominant trend remains bearish in the short term, and this forecast will stand provided prices are below $50.
#DASH Technical Analysis
DASH is in accumulation in a bear flag when analyzed from a top-down preview. The immediate resistance is at $50, while the coin's support is at $42, marked by last week's lows. If bears press on and DASH cracks below $42, aggressive traders can unload on every attempt higher, targeting June 2022 lows of $38 and later $30 in a bear continuation formation. Already, the drop of the past two days is within increasing volumes hinting at bears. This move will confirm losses of Q2, signaling another wave of lower lows that could push DASH to the brink.
What to Expect from #DASH?
DASH is on a weak footing, and buyers should keep prices above $42 if the uptrend is to be sustained. A close above $50 and last week's highs will draw strength and attract buyers as the coin recovers.
Resistance level to watch out for: $50
Support level to watch out for: $42
Disclaimer: Opinions expressed are not investment advice. Do your research.
#DASH/USDT - Long - Potential 33.29%Binance supporting the DASH network upgrade and hardfork. Slightly higher risk trade as the CPI data released later today could tank the crypto market so if you're trading today stay alert, dont go too heavy and mitigate losses if needed.
#DASH/USDT - Long - Potential 33.29%
Exchanges: Huobi.pro, Binance, KuCoin, Bittrex
Signal Type: Regular (Long)
Entry Targets:
1) 47.63 - 100.0%
Additional Entries / DCA Points;
2)47.60
3)44.46
Take-Profit Targets:
1) 49.99 - 50.0%
2) 54.54 - 25.0%
3) 63.68 - 25.0%
Stop Targets:
1) 42.01 - 100.0%
Trailing Configuration:
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
Published By: @BPTadmin
DASHUSDT is testing the ressitancesThe price is trying to have a breakout from the 4h resistance after a clear rejection from the 0.618 Fibonacci level on the 50$ area.
How to approach it?
IF the price is going to create a clear breakout from the 50$ area and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
DASHUSDT | RESISTANCE BROKENDASHUSDT previously broken the rising support and fall below it. The rising support than start to acts as a resistance. The price has broken above the resistance. .
We are expecting a bullish trend after break of rising support now acting as resistance. The bears will be only in control below the resistance.
Trade your levels accordingly.
#DASH in a Bear Breakout with Resistance at $52Past Performance of DASH
DASH prices are stable at press time, following encouraging gains on August 23. The primary trend remains positive, and the pullback may represent further selling opportunities for opportunistic bear traders. This preview, gauging from how candlesticks are arranged in the daily chart, is valid, provided prices are within the August 19 bear bar.
#DASH Technical Analysis
DASH is up four percent in the past 24 hours at press time versus the USDT. Still, the coin is broadly within a bear breakout formation below the long-term support trend line and the middle BB. Furthermore, since prices are floating higher with relatively low trading volumes, the immediate trend swings to favor sellers. From the daily chart, the first level of support is at $44, marking last week's lows. A close below this mark may see DASH retrace to 2022 lows at $40 in continuation of selling pressure set in motion at the tail end of last week. This preview will, however, be null should DASH bulls force prices above $52, reversing the losses of August 19.
What to Expect from #DASH?
The primary trend is bearish, and the coin is within a bear breakout formation. The relief rally of August 23 may be short-lived if there are no sharp gains above $52. Any reversal below last week's low may see even more liquidation in the short term.
Resistance level to watch out for: $52
Support level to watch out for: $44
Disclaimer: Opinions expressed are not investment advice. Do your research.
DASHUSDT | IMPORTANT ZONEDASHUSDT is trading near the horizontal resistance . The price action previously get rejection from same zone. The price is continouslly geting support from rising trendline. One can long above break of resistance zone .
We are expecting a price retracement to rising support before a breakout above horizontal resistance.
The bulls need to break the horizontal resistance and price must sustain above horizontal resistance. While rejection from horizontal resistance will favors bears.
Trade your levels accordingly.
🔔 DASH is near the horizontal supportHello, dear TradingView members.
This idea is a DASH brief analysis.
This coin has reached the Horizontal Support area in the 1H timeframe.
There is a high possibility that the price will go up from this level.
If you are interested in opening long positions or buying this coin, this would be a good chance.
If you want to open short positions, it's better to hold for further confirmations to see what happens.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
DASH Potential LongThe above trade idea is based on symbol DASHUSDT - Binance.
An alert has been set for the entry price.
Risk Management is always important. Let the trade come to you.
Stoploss(SL) 1% above entry. Take Profits(TP) at 1% increments.
First TP1 will have a higher percentage of take profit.
Do Techincal Analysis(TA) stick to your plan, let the trade come to you, and don't FOMO, if your plan does not come to fruition (not hit) then you have not lost any money, have a SL to ensure best practice so you can continue trading, journal your trade for self development and reflection.
DASH Potential ShortThe above trade idea is based on symbol DASHUSDT - Binance.
An alert has been set for the entry price.
Risk Management is always important. Let the trade come to you.
Stoploss 1% above entry. Take Profits(TP) at 1% increments.
First TP1 will have a higher percentage of take profit.
DASHUSDT | UPSIDE POTENTIALDASHUSDT has been in a downtrend after defining a top. The price action has broken down multiple minor supports and continues its journey downward.
Currently, it is at a strong horizontal level where price action may show some upside move. The RSI is having a bullish divergence too.
Trade your levels accordingly.
DASHUSDT will we see 30$ again? the price can't hold 41.5 $ and if it loses 40$ there is a probability to see 30$ again.
if the price lose 40$ or retest the dynamic support as a resistance we could set a short position.
this is not a buy or sell offer and is only educational.
if you liked this idea or if you have your own opinion about it, write in the comments for us. we will be glad
hoping for more profit for you ...