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For this particular analysis on Dash we are using the DASHUSDT symbol on the OKX exchange .
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The idea is on the 1D time-frame where DASH is approaching the 1D MA200 (orange trend-line) for the 2nd time since the November 08 rejection (FTX). This is the first time since the price broke below the 1D MA200 (December 01 2021) and never touched...
DASH has stayed in relatively low levels lately, being however within the buy zone of its 2020 Fibonacci Channel. On the 1D time-frame, the price is close to forming a Golden Cross (when the 1D MA50 (blue) crosses above the 1D MA200 (orange)). Last time we saw this formation was in November 29 2020. That was then the crypto broke above its the High and formed a...
⏳ Spot
💎 DASHUSDT has been moving up in the ascending channel, after the breakout, it has also formed a symmetrical triangle, After the breakout I expect that it continues the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 200.0 - 206.0
☕️ TP1 212.0
🍺 TP2 220.0
🍻 TP3 270.0
🍾 TP4 350.0
🍷 TP5...
See how similar the current bullish break out is on DASH with the one at the start of 2016. Break above the Lower High trend line (dashed line) and the 1W MA50 (blue line). The RSI on the same level and the LMACD on a bullish cross-over below 0.
In the previous cycle, the ATH (then) was reached in August 2016, the current cycle is more stretched (longer) so I am...
Buy Dash/USD buy entries
ENTRY 1 67.80
ENTRY 2 65.80
ENTRY 3 62.80
Sl 57.00
TP.1 74.20
TP.2 81.00
TP.3 89.00
TP.4 95.00
I WOULDNT PUT A TP on a position and do trailing stop loss because if price breaks $98 We FLYING TOO
$120
$146
$186 then $220
Final targets $450
ALL TIME HIGH IS $1500
Nothing fancy here. We see that DASH has been declining on a Channel Down since the June peak. Clear Lower Highs and Lower Lows directed by the 1D MA50.
Noticeably the Lower Lows are symmetrical with the Higher Lows of the January - June uptrend. And quite surprisingly the Higher Lows have been on an RSI bearish divergence while the current Lower Lows on a...
Pattern: 1W Channel Up.
Signal: Bullish as every pull back is supported on both inner and outer Higher Lows.
Target: 198.000 (structured Higher High growth rate).
Pattern: Channel Down on 1W.
Signal: Bullish if 105.000 breaks. The last two previous attempts to break those waves failed which resulted into Lower Lows.
Target: 200.000.
