DASHUSDT trade ideas
Potential price action DASH.If DASH breaks to the upside of the Ascending Triangle, we may expect the price to reach the Bullish Target of 398.
If DASH breaks to the downside of the Ascending Triangle, we may expect the price to reach the Bearish Target of 240.
Remember: when trading the breakout, wait for a breakout confirmation.
Green= Support
Red= Resistance
Disclaimer: this is not trading advice, trade at your own risk.
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$DASH updateI am still bullish about $DASH, even though BTC correction (or to be precise whales shaking weak hands off the bus) we are still continuing our uptrend.
Let's start with the first analysis. We shot through the ascending triangle and gained 35%. Then dropped below the 306$ support zone.
Know we are dancing around that zone forming another ascending triangle. However, due to 1H overbought Stoch RSI there is a high probability for us to drop to the lower side if the triangle or even below it for some time. Risky but profitable entry zone. Otherwise, you can have an entry on the breakout, which is a safer solution. Don't forget that pretty often after breakouts come retest and then we go flying, so don't be scared about a little pullback to the support zone.
Good entry points: 1) 260-265$; or 2) after fixating above 306$ support zone
Goals: 326 - 350 - 380 - 411 - 519 (just and ambitious long-term target calculated from 25 days long ascending tringle)
SL: 255
Trade ideas, forecasts for DASH USDT This is Trade ideas, Forecasts For DASH USDT .
The yellow line: will be the main and valid support trend for a long time.
For the next price explosion, it is necessary to break the green line and after candle pullback start for next uptrend .
My estimate for the next pump is about 60 to 70 days. June and finally July
So it is likely that during this time the Dash Price will fluctuate in the range of $ 300 to $ 400