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Dashusd

Most are not ready for Dash's bull RunBackground It was only little more than a month ago that I was going through some coins I don't normally look at, basically doing my due diligence, when I was struck by the market structure of Dash and now I think the history in addition to its utility as an actual crypto CURRENCY suggest it will do the best out of the old guard of crypto currencies. There may be some upstarts that might out-perform DASH but with the ability to have some chart history we can find previous significant levels and use the fib log channels to our benefit. My linked post will show my history of bullishness on Dash and might lend credence to my claims that I have been beating money out of Dash as well as other currency coins for the last month or so and would explain my relative disinterest in platform coins like ADA, DOT, ETH and such. Analysis The chart shows what I have identified for myself as the Crypto Fractal. Nothing goes straight up but crypto, benefiting from both adoption and quantitative easing and "money printer go brrrr" does about a good a job as we could want an asset to go straight up. From here the blue line charts a path I have seen a lot of premier coins take, like Monero, Link, And Ethereum as they retrace their bear market. Bitcoin was so unbelievable bullish that while the similarities are there if you followed that chart you would probably get surprised by the alts slow movement. One key difference between Dash (and Monero) compared to BTC, ETH and Link is that when it came to the double bottom that defined the market that Dash and monero had lower lows on the while BTC, ETH and Link had higher lows. This means there is some SWAG (scientific wild ass guess) to how I placed my baseline anchors for the zero line on Dash. My self-training and experience tell me that I have done well based on the activity around the 0.5 and 0.236 levels have acted as support and resistance. Further that, the fact that the previous ATH is only off by a few single digit percent from the -0.236 level and the -0.382 level helps define quite well wicking on the monthly chart (not shown) gives me comfort that the fib channel extensions will be very useful. Price Action Moved quickly from the .236 to 0.5 Fib level Consolidated on the 0.382 level which coincides with the bear market high From here, the blue line charts a path were price action Pamps to the 0.618 level, which coincides with the bear trap high Retest the 0.5/$300 Level Form a continuation pattern past the bear trap high Advance to ATH Reject and consolidate. Chart shows last time the drawback was 50%. Only strong hands need apply. Advance to the 1.0 line, reject and consolidate Advance to the next fib level. Now, just incase you think this course is crazy here is BTC doing the same thing, only much faster. If you can't see the major fib levels acting as described above then you should work on that visual IQ. My assumption right now is what ever fib level BTCUSD goes to, DASHUSD will go at least one or two fib levels higher. Here is similar analysis I did on BTC when I was 6 months younger. The TA was really good but I have advance a lot in charting and trading over those 6 months. I am within that 3-5 year timeframe of trading and charting where a lot fo things are clicking together a lot faster. It has been pretty stressful and painful at times, as well as euphoric. Closing thoughts One of my preferred youtubers for cryptocurrency, Steve Courtney of CryptoCrewUniversity just put Dash on his top 5 altcoins set to explode. He has slipped a bit into the formulaic titling and graphic used by a lot of crypto youtubers but the man has been in the game longer than me and no doubt he has had a longer history of sucess over me. The man listed Dash as one of his most undervalued coins. Given his experience and patience he probably needed to have some more conformation than I did before he put his name on it. To a very large extent I trust my charting, especially at longer time frames, that if he didn't mention Dash I would be fine. I was fine the last month beating money out of Dash. I am at the point of my trading career that I count good trades in mortgage payments. Earlier I counted them as days of pay or overtime shifts. I am sure people out there are trading months or years of pay at their last job. But it is comforting to see that someone that is probably pulling my yearly pay out of his trades and investments sees what I see. Makes me think that so long as I don't go fully reee on my margin trades and position size I can quit the rat race soon enough. Please review the linked ideas to get an understanding of how I think and trade before you put on any orders based on my TA. I am not qualified to give financial advice or trading advice...yet.
POLONIEX:DASHUSDLong
by This_Guhy
10
DASH ready to moon - Altseason 2021 DASH and all privacy coins had a ruff time in the last year. Look at ZEC also... Bittrex banned them and they scare regulators. Thats exactly why a lot of people will buy it. DASH as a great privacy tech and is now one of the most undervalued, once top 20 CMC coin on the market. Just compare this chart to others that rejoined ATH and are looking to 2-3x it. If DASH only touch ATH its 500% profit. Look my ZOOM in chart under, it just broke out. Targets are on chart and its only for the next 3 months. Could go WAY higher. DYOR and trade safe!
Long
by The_Father_of_Crypto
6
DASH double bottom & inverse H&S breakDASH is looking like it is trying to "collect them all" when it comes to bullish patterns right now from what I am seeing. After hitting a double bottom in late march (dotted yellow line), it has further formed another inverse head and shoulder pattern and has broken the neckline today (dashed yellow line). Furthermore, this looked to be propelled by hidden bullish divergence on RSI (light blue dashed lines on price and RSI). Right now Dash looks to be taking a break at the 38.2% Fibonacci retracement level. It should be interesting to see if it closes above the neckline for the daily chart. I would also love to hear any opinions to the contrary as well as any other confirmations if you have them. If so, please leave a comment!
COINBASE:DASHUSDLong
by crypto_trends
DASHBTC potentially reversingFor anyone watching DASH, it looks like DASH is challenging downward resistance on DASHUSD, but I think the really interesting thing to watch is DASH/BTC. It looks like the relationship just took a huge dip yesterday but now looks like it could be attemping to reverse direction. Still a bit of a ways to go until it hits the trend line, but there hasn't been such a reversal as such for some time now, so I figured it something to point out for anyone watching Dash. There still needs to be a little more confirmation, but DASH at least came close to the bottom of a potential wedge (green lines) but time will tell if the trend continues. If it does however, it will be interesting if it is able to break through long term resistance (blue lines) anytime soon, but if so, that would be a very positive sign.
by crypto_trends
DASH attempting to break out of downward trendIt looks like DASH might be trying to break out of its downward trend slightly. Still a bit of time to see if it continues, but at least it is a start in the upward direction. Obviously there are still a bit of potential negative effects if BTC heads downward, so it should be interesting if DASH will be able to hold a position against a potentially falling BTC, but I think it is something to watch over the next few days to see if it continues.
COINBASE:DASHUSD
by crypto_trends
DASH is about to hit crucial supportDASH just broke out of what could be considered a bear flag which could mean it is about to head downward. What makes matters worse for DASH is it is about to hit the bottom of a long term wedge (green lines) right around the 50% Fibonacci level near $212. Although this is a great opportunity for a bounce, with the bear flag just breaking, it must also be considered that if support breaks, it can easily hurl into a whirlwind downward over the next month. Hence there is some crucial support to watch soon around $212 for DASH.
COINBASE:DASHUSD
by crypto_trends