I am a beginner but I like dash used for smaller accounts. Here in the 4 hour dashusd chart, we can see that price is trending down. Previous lows are in the 181 range and 169 or so before that. I expect price to fall below 181 and maybe even further.
Wait for DASH to break above the descending trend line.
uptrend, change the trend with h & s, and then uptrend.
While some coins reside within their triangles, $Dash has clearly broken above. The next logical resistance comes at the next Fib and start of the candle where we started our descending rail
$DASH remains below its .236 Fib, and is now entering a reactionary point on the chart. My belief is that the impulse will be rather large. The direction of that move will be based off the way it breaks. If we break down, I see a possible retest of the lows. If we break up the next FIB that makes since is the .5. Keep an eye on it. :)
whenever there is a falling wedge, there is accumulation for a big move
Cup and Handle for Dash Bit abstract but it works Price is currently testing the 200MA for the first time The major trend line reclamation would be congruent with Ethereum's recovery of its Trendline in the idea I attach below
night chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm. ~~N0 Speculations or arrows. And N0T trading Advise / 0pini0ns either, dyr pls. Why do these coins have same patterns, and pums & dums at the same-time? so just buy any coin you believe in i guess
dash has been moving sideways for a few days, I expect a big move towards the upside hopefully
Going off the coinbase chart my analysis points to the following: 1. DASH is lagging the other coins big time as it hasn't even broken free from the corrective phase. 2. We could finally be making the push to an impulsive wave break out. 3. There is a larger potential IH&S pattern developing. I would note that I am starting my EW studies so please DYOR and also...
Keep eye on dash. If it confirmed support on 216 ish area could be a very nice move up
Trade safe, this is not a financial advice!
Next level resistance is around 330
The main chart says a lot so I am going to go into the 12 hour because that shows a lot. Quite simply price action is still very bearish with both the VSTOP and MTF VSTOP situated bearishly and the 20 period SMA acting as resistance. This is the time frame I have my stops set on and my entry was at $207, My take profit is of course a bit shy of full performance....