DASHUSDT
DASH on Daily. Retracements and targets.Blue trend lines, fib retracement and fib targets set on daily. 30 min purple trend lines added. Support and resistance lines set on weekly, daily, 4 hour. I see 3 different potential outcomes. If dips any further, more than likely to find support in the 0.618.
Buy in alert added.
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 - 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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Dash will Bash, said on 29/01/2021we are expecting a high rise on this altcoin as it was ranging for a while, .
as Bitcoin dominance drops, it will get more power as it is currently accumulating and soon we will see some heavy changes and up rise on this
we have specified the areas of retraces and projection of two bearish and bullish waves
please consider the TP areas