Dashusd
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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Quickpost: Dash to more than double before next major pullbackGreetings, a lot is shown on the main chart and there will be one more chart in the post.
Analysis
Nested structures are performing
Falling wedge target is Hight of the wedge
Triangle target is just shy (measured moved not shown for simplicity sake)
Flagpole Target will get us most of the way to full target at the orange trendline
9 Season Rainbow explained on the chart. Deeper explanation found here
Wider Shot (monthly)
MACD EMAs about to cross bullishly
My training and experience leads me to see a rejection/consolidation at the orange trendline
Likewise, expect the orange trendline to be broken and then tested as support
Closing remarks
Money is:
Store of value
Divisible
Fungible
Unit of Account
Bitcoin seeks to be money with an emphasis on store of value. Other coins want to be money but don't empahsize the store of value, they focus on the the fungible/divisible aspect. These are the currency coins and when BTC slows down they will take off as a replacement currency for failing fiat. Just as the normal pattern is for Gold to move first and then silver to over-perform, BTC moves first and then the currency coins like Dash move later.
DASH is changing the channel higherDASH looks to be breaking out of a nice wedge (orange lines).
However, what I find even more interesting is DASH also looks like it has an interesting uptrend over the past few months. When I move this trend line to the bottom, it shows our current trend going on right now (green lines). The more interesting part is we are currently at the bottom of the line while also in the middle of a breakout.
This looks pretty promising right now, although also leaves very little margin for further retracement. Should be interesting if it continues the uptrend in the short term, but at least shows some promise.
I have heard some interesting points made by others to the contrary with regard to DASH as of late as well, so I'm also open to others' opinions if you have them.
🆓Dash/USDT Analysis (2/3) #DASH $DASHThe selling pressure was stopped and DASH is recovering quite fast, this can help DASH in making a new rally up to 280$ zone or even 400$ zone. But at first, DASH must conquer 240$ zone, this zone is very important to DASH at the moment
If DASH loses this round number support zone at 200$, it will dump strongly to 120$ zone
📈BUY
-Buy: 200-210$. SL if B
-Buy: 235-245$ if A. SL if B
📉SELL
-Sell: 275-285$. SL if A
-Sell: 390-410$. SL if A
♻️BACK-UP
-Sell: 200-210$ if B. SL if A
-Buy: 120-130$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
DASHUSDT (DASH) - UPTREND CONTINUATION ANALYSIS 🔎
- DASHUSDT brokeout above the falling wedge's (FW-1) resistance and hit a swing high.
- Price then retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level.
- RSI is printing a bullish divergence signal.
- The retracement is bounded in a falling wedge pattern (FW-2).
- A falling wedge pattern is a bullish reversal pattern.
- A breakout above the falling wedge's (FW-2) resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Breakout above the falling wedge's (FW-2) resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
-Breakdown below the falling wedge's support.
DASH - Get Ready!Hello everyone, if you like the idea, do not forget to support with a like and follow.
DASHUSD is approaching a strong demand zone in green so we will be looking for buy setups on lower timeframes.
on H1: DASHUSD formed a valid channel in red so we are waiting for a new swing high to form around our upper red trendline to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Until the buy is activated, DASHUSD would be overall bearish and can still break the demand downward.
Good luck!
~Rich
Lambo dreams.Just wanted to share how I see the DASH cycles. DASH is awesome!
I think we're in a short term correction right now, but that the higher trend is bullish. I see us inside the final 5th wave bull cycle and that it's going to be awesome like you can't believe, BUT... I am keeping a close eye on the dollar. USD is at a strange point where it could reverse and pull everything down for a bit, so if the dollar can continue a move higher next week I might wait a bit before buying unless something changes.
Looking at a possible long position at $160.
DASH UPDATE (30M CHART)Dash update has arrived. Like ADA, check the previous DASH analysis if you have not already for context. This is the 30m chart on Dash, showing a beautiful bullish triangle pattern, signaling a breakthrough soon. Stay put for now and get ready for some action.
Do your own DD on this, and do not act before finding a confirmation candle above the yellow box. Good luck!
DASH/USD LOOK FOR BREAKOUT ABOVE ASCENDING WEDGE FOR ENTRYHi guys, title says it all, DASH has very strong fundamentals and is one of the very few coins that are already in use and have wide adoption worldwide. I believe it is very under valued and it is very primed for a move p based on the chart. Keep a close eye on this one!
Next resistance @ $554.86
DYOR&D. Not financial advice.
Cheers!
ExpoGains
DASH/USD - Dash above key level, pump to $400! 🚀🚀🚀DASH pushed above $280 and now we're clear to go to $400 which is our next resistance.
The $280 level was a key resistance in this structure which now we have passed with confidence + good volume. This opens the path for some nice gains in the future.
Target points are on the chart:
$400
$600
$1250
I expect DASH to do very well in this cycle, even if a bit late to pump. Once we reach ATH at $1,600 we may push higher still and then we enter price discovery. Remember DASH has only 10 mil circulating supply, so we can go very high very soon.
Bias remains very bullish and indicators are looking good to reach $400 in the near term.
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