📌DASH buy zone#DASH/USD
📌DASH buy zone
🔹Analytics: the 200$ level is a strong psychological level, breaking the counter-trend line will have a positive effect on the upward plan.
💢Targets:
❌224 $
❌250 $
❌278 $
DASHUSDT trade ideas
Potential price action DASH.If DASH breaks to the upside of the Descending Triangle, we may expect the price to reach the target of 320.
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.
Bearish take for DashMost of the people think Dash will break a triangle and go up. This on the table, but right now the long term of Dash is looking quite bearish to me. We are going to close a daily candle about 1 hour from this being posted, and that daily candle closing below the bear flag support line would make it active.
KEEP IN MIND! There is a pretty strong support at the current price level as shown on the chart with the white support line at the triangle bottom. The optimal entry is to short on the break and retest of the support level. So no trade will be active until that happens, and we also need at a 4 hour candle close below this level. The idea can be invalidated with minimal loss if the support level is reclaimed. We are also willing to take the bullish side of this trade if the triangle shown in white from the smaller time frames can be broken to the upside.
Low risk, high reward, low probability to succeed.
DASH ready to explode!The bears failed to break down the support at around 200 usdt level. The Bulls will now take over and send DASH to the Moon!
RSI Divergence on DASHFirst target will be 222 because it is a really string resistance but Consolidation above 222.5USDT would show us a Strong movement. after that 227 , 230 , 236 can be achieved.
DASHUSD as per request.Looking at the short term group of timeframes (90, 3h, 6h, 12h)
In the 90m and the 12h the Energy is higher than the Green EMA indicating bearish sentiment.
The Red RSI has made contact with the Green EMA as it falls in the 6h, if we close like this we will see the Energy cross below 50 in the next candle. However the Bollinger Bands are quite tight and contracting, the Red RSI & Blue LSMA are above 50 and rising so we would not expect a particularly significant drop in price action and we could see the Green EMA turn back up judging by what we can see in the 12h where the Green is still rising and the Blue LSMA and Red RSI have turned up and Red RSI is about to cross above 50. For now we can expect to continue trading within a relatively small range.
Near term group of timeframes (1d, 2d, 3d, 4d)
The Green EMA is higher than the Energy in all timeframes in this group indicating upward pressure. It looks like the Red RSI will close in nearly 5 hours in the daily making contact with the Green EMA as it rises and the Energy should cross above 50, however the BBs are tightly contracted and the price action is unlikely to rise considerably in this timeframe but we may see a higher high due to the Green being higher than the Energy, however with the Blue LSMA still being below 50 we are unlikely to see price action go much above the White/Aqua upper Bollinger Bands.
From what I can see at the moment we are not ready to make a move in either direction and are likely to continue trading in a tight sideways range for now.
Mid Term timeframes also showing upward pressure.
This remains in my opinion a good hold but not ready at the moment for any decisive move.
Mid Term
Short Term
Dash is close to a breakout!As we see in the chart, the candles finished a triangle. Highly possible to breakout and bounce on the cloud to go higher.
Dash Potential MovementFebruary gave Dash a lot of gains and a lot of pull-back toward the end of the month with March showing slight gains (compared to Feb movement) and consolidation a couple of times so far. As of now it is testing the support area around 223.5 as we approach a 17 and 9 period potential Kihon Suchi reversal area. If the support holds there are a significant amount of resistance areas to the north, particularly around 230, 245, and 270.
If the support around 223.5 does not hold and price breaks down through the Kumo, there are supports around 205 and again potentially around 196 with not much to hold it up after that until around 147.
Ichimoku indicates a bearish trend right now, with the Senko span crossing the price-line and the Tenkan/Kijun crossover.
As always, comments and ideas are welcome!
This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
KUCOIN:DASHUSDT
DASH - Good level to buy- Coming up off a previous level of support and;
- on the edge of the Pitchfork
- Great RR on this setup
- Target the upper median line.
Long TradeI work out a Bipoon signal to buy DASH. An attempt to break through local highs on an uptrend. I hope it will work, since the signal has arrived.
DASH - 6h. Probable growth of 23%Exactly a month ago, we published a global DASH idea, where we showed two important targets:
Buyers managed to pass the mark of $330 . However, the buyers did not have enough strength to keep the local range of $257-267 . Thus, the DASHUSDT price has reached the critical support zone of $210-230.
At the moment, the DASH price is moving in a clear growth channel and is preparing for a new local impulse. The first target for this coin is at $267 . The ultimate goal is $290.
If buyers fail to hold the mark of $195 , the DASH market will continue to fall with great force with the first local target of $165.
Considering the situation on the BTC market , we do not exclude this scenario:
The DASHBTC chart adds a relative positive on the DASH market:
As you can see, the DASHBTC price has come to an important level and is now consolidating in the liquid zone. While we will not announce a change in the trend, however, a price rollback within the falling channel is quite possible.
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DASH 12h High is nearlyWell, the next forecast price movement has reached its goal, and now it is DASH
On the rise, the DASHUSDT pair easily broke through the $210-230 zone upward and fixed a maximum of $298
After that, there was a rapid fall in the DASHUSD price, but it was also aggressively bought back above the mentioned zone.
Well, now the level $286-289 is the Rubicon
Above it, there will be a chance for growth to $330-340
If they cannot gain a foothold higher in the Rubicon, then we can expect another decline in the DASHUSDT price, to begin with, to the $210-230 zone
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DashNever forget that BTC controls everythinf. Btc comes down so do ALtS. Can change a bullish chart. Easily turned around all bullish looks for now. Still bullish as long as we stay above 230
Fib support on the low side is 223
DashOne more look on hourly. Finding resistance at 240 top green trendline. If we start to find support there this could be another great sign as well as watching 3hr time frame candle close and volume. The next candle open is at 8pm and 11pm will be the confirmed close.
If we have a negative 8pm reaction it could come back to bottom green trendline I have marked as support around 235$. All of this at once is on my watchlist
Dash!!! Bullish!!!Looks like it formed the right shoulder perfectly by bouncing off the .5 fib level Mabey times. I entered further into my position at 232.50 and am long. Will add. More to position if we can confirm a breakout of 242 level. This will be the breakout of falling wedge. Looks like if it breaks that confirms with either volume, candle close, or back test support hold, it can easily head back and test 250$. A break and confirmation of this is a great long. Always use risk management and stoplosses !!
Long
