Possible targets if dash breaks the triangle down This chart has been created for education & entertainment and this is not a trading advice.
Trade ideas
DASHUSD Bearish ForecastPrice responded from the 4H High 226.8249 after it rejected the resistance line 237.3879
The McGinley is bearish on this pair and it's touching currently a LH. Some patience will be required because according to the RSIC indicator we have a bullish pressure there.
Nice Indi -recommended :)
A bearish set-up for the target 180.5453 and the bias 160.6371
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Khiwe
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
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.
Two reasons why DASH is going to pump, in comparison to DOGEDASH generating x20 more hashrate than DOGE while in the same time there are x1.5 more active users on DOGE today
DASH has x30 lower transaction fees than DOGE while in the same time there are x2 more transactions number on DOGE today
DASH possibilitiesI have been so focused on closely to DASH, I decided to zoom out and definitely see a lot of alternatives thanks to some good comments from others. Definitely some possible breakouts here short term. But still some potential ways down.
I think DASH is still at somewhat of a crossroads, but definitely nothing too definitive to act on in my opinion, particularly as BTC looks less definitive short term.
I feel sentiment is too positive in the long term, but in the short term still lots of possibilities for a rejection here or a fake out as well, with quite a bit of potential down in the short term, even against BTC when zooming out.
There have been some useful thoughts in this great community, but either way, I think it should be interesting to see which way things head in a week, whether from newer lows, retests of current lows, or newer short-term highs.
DASH getting "wedgier"Interesting to see DASH has respected this wedge for so long.
Looks like the culmination of this wedge should be coming soon.
The options are up, down, or continue on forward, and likely to follow the trend of BTC, but with the U.S. senate meeting over a stimulus package vote as I write this has me really wonder the influence that might have (particularly as the S&P 500 looked a little happier yesterday). I'm anticipating to see some type of action today or tomorrow one way or another, but I suppose we shall have to wait and see .
Dash looks ready to moveDash looks like it is about to move out of its wedge very soon. So far near the bottom, so some dangerous territory here particularly as it edges its support, particularly with the S&P 500 going down. Hence I am curious which way this is going to break.
Head & Shoulders - DASHnice, complex h&s confirmed w a backtest of the neckline on the 4hr. like the higher lows. massive class A hidden bullish divergence developing on the daily. as long as btc doesn't crash...
DASH looks interestingAbout to hit the top side of a pretty big wedge on DASH. Let's see if it will break out or if it will stay in the wedge.
Potential price action DASH.If DASH breaks to the upside of the Falling Wedge, we may expect the price to follow this route.
Green= Support
Red= Resistance
Disclaimer: this is not trading advice, trade at your own risk.
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
Dash Dashing upBuying range 190$ - 200$
- Channel
- Price is near support
- Bitcoin in correction
- Altseason starting
- Target is 600$ only if the last wave happens again
Do your own research !
Dash is getting closer to a breakoutDash is getting close to a breakout, if we break bullish i believe we will will reach for price to get up around 300 usd pretty soon again. Lets see what happens.
ALT SEASON?JUST A SIMPLE ALT COMPARISON, NOT INTENDED TO ASSUME THAT DASH WILL DO THE SAME.
I USED DASH SIMPLY BECAUSE IT WAS ONE OF THE BIG MOVERS IN 2017.
JUST BECAUSE BTC HAS DOWNWARD PRESSURE, DOESN'T NECESSARILY MEAN ALTS WILL FOLLOW DURING THIS CYCLE IF HISTORY IS TO BE REPEATED.
ADA CURRENTLY BUT ONE EXAMPLE.
NOT FINANCIAL ADVICE.
DASH ready to explode!DASH is ready to explode!
DASH is since the last bullcycle in bearish market. Other Altcoins like ETH got out of it.
I think when BTC is again moving upwards, we can see an altseason and DASH surpassing it's ATH. The Fib Tool shows, that we can see 6500$ per DASH this year!
Wish y'all good luck! :D
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Potential price action DASH.If DASH breaks to the upside of the Descending Triangle, we may expect the price to reach the Bullish Target.
If DASH breaks to the downside of the Descending Triangle, we may expect the price to reach the Bearish Target.
Green= Support
Red= Resistance
Disclaimer: this is not trading advice, trade at your own risk.
Dash- I likeDon’t know what dash is don’t care it made me very happy when it went from 160 to 300
Just got back in
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.
Short term opportunity possible?This chart has been created for education & entertainment and this is not a trading advice.
