I am just going to toss this out there. Is dash going to explode to $900 area?
Maybe... It is about the break above the orange downtrend line. After that, $400 area is the next resistance and then from there it could just rip higher as exchange order books go illiquid and price discovery takes over.
The trend line has been broke, so resistance between $290 and...
Typical falling wedge pattern shown on DASHUSD. Good to enter long position here with a stop loss just below the lower line, with a bit of wiggle room of about 10%.
Position size should be determined by your risk tolerance. Don't overtrade.
Good luck to you!
The price bounces from 260.00 support level. RSI confirms price reversal in the oversold zone. MACD histogram supports upward movement. Bullish divergence gives a trend reversal signal. It's buy opportunity. But for confirmation that the market is going to move upward, it's better to wait for a breakout above the resistance zone. This zone is formed by the...
at both sides, DASH have a chance to make good movement almost break up triangle at DASH USTD and touch Demand area at DSH-BTC for usdt not confirm break out yet but at btc play above the support area free to catch it with capital management
DASH/BTC
Entery=0.04638636
Tragets=0.06238681
Sl=0.04117141
Risk=10%
reward=35%
Entry...
We have a big simmetrical triangle formation on the daily 2 scenario
Break above with target to 422USD
or
Break below with target to 194USD
Wait for confirmation on the breakout and keep an eye on the volume .
Trade Safe.
The price bounced from 270.00 support level and moved upward. RSI confirmed price reversal. MACD supports upward movement. DMI allows opening long trades. If the price breaks the donwtrend line and SMA100, we'll get an additional confirmation of further upward movement. It will be a new buy opportunity. We can wait for the breakout and buy from the market. But...
Based on the daily chart we can see that the price movements formed a symmetrical triangle. This chart pattern can be a continuation pattern or a reversal one. It depends on which line will be broken. Now we have the triangle on the top of the uptrend. If price breaks the resistance line of this pattern, we'll get a confirmation of a continuation of the main...
DASHUSD 4 HOUR TIMEFRAME. Los Angeles 1:09AM.
Symmetrical Triangle has a breakout to the upside 54% and downside 46%. Breakout occurs 75% of the time into the triangle. It looks like price action fell into the bottom of the triangle and is under the kumo cloud showing bearish signs. Also neckline break and RSI oversold shows weakness in the trend.
A beautiful bearish butterfly is forming on DASHUSDT. If the pattern continues up past the sloping blue trendline, the upside potential is quite significant.
Expect strong resistance around 334, 353, and especially at 370.
I am just going to toss this out there. Is dash going to explode to $900 area?
Maybe... It is about the break above the orange downtrend line. After that, $400 area is the next resistance and then from there it could just rip higher as exchange order books go illiquid and price discovery takes over.
Dash keeps mirroring the same trade. Large pump and correct followed by a small pump and correct followed immediately by an increase in value. Stoch RSI cross below the channel, MACD is turning green. Looking good here.
So, previous scenario is still valid but!
This price consolidation near supports - bearish signal.
And if will break out supports then going to S-support.
DASH 4H Los Angeles 11:49PM.
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TECHNICALS:
1W SAR swapped and we have closed outside bollinger bands on the 1D candles.
1W candle looking to close outside bollinger bands.
Volume has declined over recent weeks so a break to a higher level would indicate the big money is getting in on move.
FUNDAMENTALS:
Well funded developer team with a solid roadmap.
Has a good scaling solution planned...
I have reasons to believe that this sudden jump in price is anomaly. Looking at historical RSI data we can see that when RSI hits the 70 level it often bounces back, somewhat hard. Looking at the chart I would say this is not a break of the overall bearish pattern over the last days. This is, in my opinion, just an bullish break, and bound to drop to the...
