DASHUSDT trade ideas
What's up with Dash?Global markets fell today, amid fears of the Delta variant of the Covid-19 virus. Yet among all the doom and gloom, Dash saw gains of 15.5% - what gives?
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First, let's take a look at the DASH Coin Metrics. The most recent price of DASH at the time of writing is: $136.73.
The 200 Simple Moving Average (SMA) is at: $202.78, and the percentage distance from the latest DASH price and the 200 SMA is: -33.0%. A coin which has a price less than its 200 SMA is less costly on average than at any other time, and so this might be a good time to buy. Beware though that this may also be a part of a bearish trend, where the price might drop even further. DASH is also below the 365 SMA, and in fact seems to have recently bounced off the 720 SMA, which is the 2-yearly average price of the coin.
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A recent study by CryptoRefills, a company that sells vouchers and gift cards in exchange for cryptocurrency, suggests that while many users view Bitcoin as a useful way to pay for goods and services, many users hold other assets in their portfolios as well, such as DASH and Litecoin (LTC), which have lower transaction fees.
Could this be the reason for a sudden interest in DASH? Let me know your thoughts in the comments below!
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XRP to $0.90 soon!$XRP seems to be following the similar fractial as Dash wich earlier today gained 70% within minutes.
🌪 🌪 Dash/USDT Good time to buy and holdJUST BUY AND HOLD THIS TIME.
The Ichimoku clouds is forming a cloud similar to the previous wave, price is very close to the support line and prices are still in the 0.618 zone.
Target 264$ and 299$ and 333$
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Dash to 50 fibo?hello traders,
Dash will move with BTC, if you ask me: it seems we are at the last stage of disbelief also with minable coins :),.. aka this will go to zero, fud on fud etc,.. lets see
fresh entry: 128-129.30
tp1: as described
tp2: as described
SL: 7%
DASHUSDT Suppport BreakoutDASHUSDT(1H CHART) Technical Analysis Update
Support Breakout
DASHUSDT(1H CHART) currently trading at $126.50
Short Entry : $129.00 - $126.00
Stop loss: Above $133.00
Target 1: $119.00
Target 2: $115.00
Target 3: $108.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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DASHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. The price has been able to break its resistance and is moving inside the ascending channel. At the moment, the price is at the bottom of the channel. We can buy for the above purposes. In case of loss of the canal floor, there is a possibility of price correction. We have identified support and resistance for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🆓Dash (DASH) July-6 #DASH $DASHDASH has just been rejected from the $140 zone so it will head towards the $120 or even $90 zone, where DASH will definitely approach in the future. However, if there is a strong and unexpected buying force that helps DASH regain the $140 zone, DASH will surge to the $190 zone
📈BUY
🔴Buy : 117-123$ if A. SL if B
🔴Buy : 137-143$ if A. SL if B
📉SELL
🔴Sell : 137-143$. SL if A
🔴Sell : 186-194$. SL if A
♻️BACK-UP
🔵Buy : 137-143$ if A. SL if B
🔵Sell : 186-194$. SL if A
🔵Sell : 117-123$ if B. SL if A
🔵Buy : 88-92$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
DASH Reversal Setup low RRDASH has had a pull back and RSI cool down. The price has just ranged down towards the lower range of a rising wedge. The chart looks to be setting up for a reversal with good Risk to reward. As long as BTC doesn’t keep bleeding we should see a nice bullish divergence.
DASHUSDTsupport and resistance levels. personal archive. practicing! breaking the rsi resistance and pullback is trigger to buy
Dash coin has formed a bullish BAT for upto 51.5% bullish moveHey dear friends, hope you are well, and welcome to the new update on Dash coin.
On the monthly time frame chart, the price action has formed a big Cypher pattern .
At the same time on the daily time frame chart, the price action of the Dash coin has formed a bullish BAT and just entered the buying zone.
Dash coin has formed a huge Cypher for upto 215% bullish moveHI dear friends, hope you are well and welcome to the new update on Dash coin.
Previously we had a nice trade of the DASH coin when it formed a bullish BAT.
Now on the long-term monthly time frame chart, the price action of Dash has formed a big bullish Cypher pattern. There is also 25 simple moving average support below the buying zone.
Buy and sell targets:
Buy between: $196.25 to $123.72
Sell between: $253.34 to $390.43
Stop loss:
The maximum extent of potential reversal zone $123.72 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 215%, and the high loss possibility is 37%, however at this time the risk is low as the price action is already close to the end of the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
