#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.
Dash
$6K Per Coin, Then $34k Per CoinUsing the Fibonacci Retracement we should see Dash push to $6k per coin during the next bull run. However, there is an even more bullish scenario for Dash if the 5 wave Elliot Structure holds true in a super cycle. In which case, we could see Dash trading for $34k per coin
DASH USDT SHORT SWING | DASHUSDT | SHORT @ 51 - 49 | TP @ 48, 47, 46, 45, 44 | SL @ 55 | PATTERN = TRIPLE BOTTOM BREAKDOWN | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:DASHUSDT BINANCE:DASHUSD COINBASE:DASHUSD BYBIT:DASHUSDT KUCOIN:DASHUSDT FTX:DASHPERP BINANCE:DASHUSDTPERP
ETHEREUM Breaking TrendLine NOWIn the 2-hour time frame, Ethereum broke the trend line that I drew in the chart and is pulling back to the trend line, which can continue its upward trend with the confirmation of the pullback. It should be noted that it is now in the daily resistance range and confirming the failure of this resistance can be very attractive.
If the pullback is not confirmed, the analysis line will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
🔔 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.
DASHUSD AnalysisA long term view for DASH
The previous break out was due to a relatively large ascending triangle
The top resistance of this pattern can be used for a following pattern of a symmetrical triangle, which is much larger and yet to break out
Similar top points above the hammer
Both patterns are bullish
Daily timeframe
Dash vs Bitcoin Update (Increasing Volume)We are looking at Dash vs Bitcoin (DASHBTC) since the older major altcoins are preparing for a nice bullish wave.
Here we can see a strong breakout around 13-June with really high volume.
After the 24-June peak a retrace took place and now DASHBTC is trading within an accumulation range.
We can see high volume on 30-June and 11-July (Yesterday).
Just as we mentioned with ETCBTC (see Related Ideas below), the Fib. retracement levels work as support.
We have the 0.5 Fib. but also the 0.618 which is normally the stronger one.
The market can bounce at any of these levels or continue lower...
While above these levels, we stay bullish though.
If prices move below our support, then the chart setup is lost and we have to find a new one or wait for a new setup to develop...
We don't buy/trade nor recommend buying/trading all the charts we share here.
We share many different charts because we have many different readers.
We focus on the bottomed out altcoins, near support which translates into low risk and high potential rewards.
There is always risks involved...
We just make sure that the risk is low with a tight stop-loss.
We aim high to go higher.
Thanks for the support.
Namaste.
DASH USD : FALLING WEDGE MACRO REVERSAL BREAKOUT! GET READY!FOLLOW, LIKE, AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU
DASH has been correcting and consolidating for a while now. The correction is over in my opinion and DASH will soon reverse course and shoot to the upside. The measured target of the break of the wedge brings DASH to $250-$300 and then usually these runs continue after the break and initial target is reached. We can revisit that at that time around $250-$300 to see what indicators are telling us on whether DASH will continue or correct. I am of the opinion that DASH will continue its uptrend after the break. Good luck out there. This is not financial or trading advice this is just my opinion. Thank you
Dash Short-Term (10% Target Mapped)DASHBTC went through a retrace after a bullish breakout and is likely to resume higher.
The retrace pushed prices above the 0.5 Fib. retracement level for the 13-June wave.
If the market is strong, it can recovery and resume up.
The RSI is bullish and we have a gap, marked red on the chart, that's our target.
Namaste.
Quickpost: Comparing W patterns on Dash and EthereumI am taking this almost purely as a pure chart formation play. The Fib draw is from the bridge of the W and that was very effective in target setting ethusd last uptrend. The blue dotted trendline is where I would suspect price would stall and create some uncertainty in Dash just like it did with Eth. Of course, that may be aggressive and a look the W on btc with the same draw show price only reached the 2 fib level before coming back down. Partial profits will be taken, of course, as we move up.
As I look at the DashBTC chart this gray area looks concerning as if the pair could stall and that would mark highs on Dashusd. I will be looking for confuence with Dashusd at a major fib level while dashbtc approaches the gray area.
DASH USD : DASH CORRECTION COMPLETE TARGET $3000I took a fractal from BTC showing that DASH is playing out very similarly. The suckers rally has finished and the correction is over in DASH and now the real major rally is about to start. I see a target of about $3000 maybe even higher with the blow off. Good place to accumulate DASH at these prices. This is not financial advice this is just my opinion. Thank you
XST STEALTH USD : 230x POTENTIAL SETUP, BULL FLAG! $2.80XST STEALTH looks really good in my opinion. This project hasn't not had much attention in the past couple of years but thats what usually happens, then they explode out of no where. XST still has a hard working team and has been active and busy even through the years where XST had little to no interest from the crypto community. They still are pushing on, upgrading, improving, and just working hard on a project they believe in. This one could be a hidden gem. Yes risk is high but reward is much higher in my opinion. Sometimes these project when they run up so fast like Stealth did in 2017, where it went from $.002 (1/5 of a penny) to $1.90 thats a rise of almost 1000x that is 100,000% rise in ONE YEAR! When this happens then a long drawn out correction is necessary and we are nearing the end of this correction in my opinion. What caused XST to climb 100,000% in one year? Obviously there was a reason and some serious interest in it to have that happen. The fundamentals are still there and they are still working, thats all I need to know that this project could absolutely take off again in the future. I'm loading up now cause I think the bottom is in. This is not financial advice this is just my opinion. I am also doing many more little hidden gems I have found that are nearing the end of their corrections, if you are interested follow me and check out the rest of them, and leave me a like and comment if you appreciate this content.. Thank you
Dash coin has formed a huge Gartley for upto 1187% big moveHi dear patrons, hope you are well, and welcome to the new update on Dash coin.
Previously we had a nice harmonic trade on a monthly time frame:
Now again on the monthly time frame, Dash has formed a big bullish Gartley pattern.
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.
DASH Will Not Stay BehindThis is the last one for today, DASHBTC.
We have a descending channel and also a support level turned resistance;
Once these two are taken out, DASHBTC can grow strong.
The stage is set.
We are bullish 100%.
Thank you for reading.
I know it is a lot to take in.
I hope you are enjoying the content.
Namaste.
Does the Dash currency have any growth prospects?Today is a global review of the DASHUSDT trading pair.
Probably not many current crypto participants remember this, but at the end of 2017 in early 2018 at absolute highs Dashcoin was worth almost $1600.
And then the dark times for Dash investors began, as the $50 level the third time in 4.5 years pulled a price to them
By now, the Dashusd price is trying to get a foothold above $50. This maneuver gives a chance to suppose that in the coming weeks/months we might see a rebound up to the level of 115$ on the chart.
Then in the area of $115 will be decided the fate of the Dashcoin's price further movement: the continuation of growth to the area of 200$ or down to 50$ again.
But we will write about it in our further reviews of Dashusdt pair, analyzing the actual trading situation on crypto in the future on smaller timeframes, looking back at this global chart of Dashusd price.
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Dash (DASH) Sell ZoneDash (DASH) Sell Zone
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BIAS
Short-Term : Bearish
Risk : Medium
On lower timeframe Dash is showing short-term weakness and could easily tp gp for retest in this zone.
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$DASH/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 56.1 - 56.9
TP 1 : 54.8
TP 2 : 53.8
TP 3 : 52.2
TP 4 : 51.1
TP 5 : 49.9
TP 6 : 48.8
TP 7 : 47.2
TP 8 : 45.7
Stop Loss : 58.3
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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