Dashcoin
DASH Goes Orange... Bullish Setup Hanging on by a Thread!Dash (DASHUSD) pulled back very hard again breaking below our previous low of 146.88, which means that we did not actually complete that pesky subwave-(ii) pullback that we THOUGHT we had finished back on September 28th. Therefore, our PURPLE primary pattern has invalidated , leaving the ORANGE pattern as the new primary . This means that our the subwave(i) remains the same, but now we have a deeper subwave(ii). LTC and LINK are also in a similar situation at the moment.
Our new ORANGE pattern subwave(iii) target projects between 453-576 while the subwave(v) target projects between 669-850.
The ultra-bullish GREEN box targets overhead haven't changed as they lie along very strong Fibonacci confluences. There is still a chance DASH can extend to those, but we are in a precarious situation.
There is major support at 101 below, and breaking that would mean we ARE following the bearish RED alt pattern which could take DASH all the way down into the 60 range. We've seen similar action in BCH, ETC, and EOS. In the near-term, it does look like DASH could get a lower-low. While BTC and ETH, which lead the crypto space, had been keeping things bullish all this time, they are getting dangerously close to breaking their own supports, so keep an eye on those! Ethereum must hold 3500!
It advisable to buy via DCA, dollar-cost averaging as your primary means of continuing to invest into DASH and other cryptos. This reduces the likelihood of inadvertently only buying highs by detaching your emotions from the process.
This subwave (v) top should coincide with the major top in BTC and ETH and will likely precede a ferocious crash across the crypto sector. This would be a great time to take profits and reallocate into other asset classes or Stablecoins. We may see a multi-year bear market specifically in Bitcoin and Ethereum, but many altcoins may see a shallower, more brief pullback followed by their own rallies to record highs DURING this time.
Farther out, there is a very strong, high-confluence target of 8233 that looms within the realm of possibility! While this crypto is not as popular as many of the other alt coins I've analyzed, Dash is one of the few altcoins along with Polkadot, Polygon, and Solana that HAS hit its standard Wave 1 target that allows us to maintain such lofty targets for subsequent rallies (just as with BTC & ETH).
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#dash #bitcoin #ethereum #blockchain #litecoin
DASH gets Gut Punched but Still One of the Most Bullish Cryptos!Dash (DASHUSD) pulled back so hard that we did break our previously-primary purple pattern and are now following the orange alternate pattern. The orange pattern calls the recent low the actual subwave (ii) while the purple subwave (i) remains as-is. LTC, SOL and LINK have also followed a similar pattern in which their nested 1-2,i-ii setups may have invalidated, but they did not completely reset their structures the way BCH, ETC, EOS and FIL have.
If you're feeling the need to BTFD (Buy The Freaking Dip), this may be a solid time to buy Dash. As the rally does take off in the 3rd wave, it will be prudent to shift to DCA , dollar-cost averaging as your primary means of continuing to invest into DASH and other cryptos. This reduces the likelihood of inadvertently only buying highs by detaching your emotions from the process.
While this crypto is not as popular as many of the other alt coins I've analyzed, Dash is one of the few altcoins along with Polkadot, Polygon, and Solana that HAS hit its standard Wave 1 target that allows us to maintain such lofty targets for subsequent rallies (just as with BTC & ETH). Stay tuned for my big picture charts on Dash, which include price targets!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this analysis is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#dash #bitcoin #ethereum #blockchain #litecoin
DASH| Possible scenariosSince 2018, dash has formed a parabola, which is now looking confidently up.I took a fractal from the last bull market, but the hike to the goals can be anything.
A rally to 6-7k for a coin is most likely, as indicated by fibonacci, beam bands (taking into account the fact that when approaching the current peak by bb (2500), it will grow as in the last cycle, and eventually it will grow a couple of times).
The moneyflow is in the green zone for 12 hours, it has just moved to the green zone at daily tf. Dash didn't even start a bull market at weekly time frame.
Given that the bull markets of cryptocurrencies depend on bitcoin, and the length of the bitcoin cycle grows quite solidly each cycle (for example, 40+ percent increase in the length of the cycle, as it was in 2017, compared with 2013), we can say that these scenarios for closing dash targets in the first half of 2022 are quite possible. If the cycle lengthens by 40 percent again, it should end just in time for summer.
The second scenario was developed taking into account the channel in which dash is located from the very beginning. But I see it as too bullish and would not hope for such prices. Capitalization will be too large (more than 300 billion) But at the peak of the bull market, this is also possible. In any case, closer to 6-7k, we need to look at the general market situation to understand whether we will rise even higher.
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Dash beginning run to $1000Dash and Litecoin have been swept under the rug as meme coins and NFTs became the new hype… many don’t expect much from these coins because how poorly they’ve performed during this bull run. However as we come near the end of making new highs for the market for a while, I believe this coin is preparing for an amazing finisher just like the previous bull run! As you can see I have a blue chart pattern of previous price history to predict future movements. So far I’ve tried this on multiple coins and it deems quite accurate. Dash had a euphoric rise last bull run but now unfortunately the blue chart displays a lower peak to match the current price. So with that being said, the top for Dash this run will be around $1000 but you must get in now as it’s ready to blast!
DASH/USDT - a coin with a good perspective 🔥🤑A symmetrical triangle has formed on the Dash chart. The rules are that triangles of this type are broken equally both up and down.
The price has already tested the triangle's upper boundary five times, but has not been able to break it. With each new test, resistance weakens and a breakout may occur soon.
Another scenario is also worth highlighting. Bitcoin is looking very weak right now. If a strong correction starts now, all altcoins including Dash will also correct heavily. Therefore, the price might follow the second scenario, as shown on the chart.
A good buying opportunity, in both cases after a breakdown of the triangle's upper boundary.
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P.S. I personally will open entry if the price will show it according to my strategy.
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DASH - Waiting For Breakout!Hi, this is my new update for DASH. After three days with red candles we are smashing all of them with one big green candle. Right now we are in a critical moment, first of all we have smashed both 100D moving average and 200D moving average at the same time and if today we close the candle above these levels then we are good to go, but we have one big trendline that we have already been rejected 6 times, so it is very important to get through it and close one candle above it. If we break the trendline the next stop is to test the resistance $215 and if we break that too then we are ready to fill the gap between $215-250. I expect professional traders are going to take positions when we close the candle above the trendline and we are going easily to break the $215 resistance. So be patient and don't PANIC ;)
DASH 1D Two extreme prices, where next? Up to $60 or $260For a long 5 months we did not write reviews on the DASHUSDT pair, although the previous idea worked pretty well
Today we will describe the next idea for the DASHUSD pair and consider what prospects can await us in the context of several months in the future.
For several days now, the cost of DASH has been around $115.
They do not fall or grow — gaining a position?
Perhaps, because the price of Dashcoin has come to a strong liquidity zone of $110-120 . Consolidation in this area can result in two options:
1) fixing the price below $110 opens the way for a fall down by another -40% to the zone of $60-70
2) fixing the price above $120 will open the way for growth +80-150%, first up to $190 , and maybe higher up to $ 210-220 and globally up to $260
To summarize: the volatility in this trading pair is low, it is possible to put a short stop in case of an error, and in general, a good profit/loss ratio appears. Therefore, carefully follow the events on the market and enter the trade on the side of the strongest!
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DASHUSDT : TP1 Reached ✅ +18% ✅Last Analysis on 22.Aug.2021 : Let's buy Some #DASHUSDT ( DashCoin ) , Shall We ?? Great break of the resistance :)) do you have it or what ??
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
Now : TP1 Reached ✅ +18% ✅
DASHUSDT 1D : We Have to buy it now , yes ?Let's buy Some #DASHUSDT ( DashCoin ) , Shall We ?? Great break of the resistance :)) do you have it or what ??
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)