Dash had been bottomed the same zone multiple times and back in few months new low $30 area.
This seems is ready for a massive bullrun I see will hit 3500-5000 dollars .. many of you said will go even beyond than that, it is possible also the creator of dash coin just made another currency called “Dash 2” big news had raised about over $7.5 million and then still...
Dash may be inching more and more toward a pullback. This is due to a steady climb of higher highs & lows in a wedge-like structure with supply bars entering at the key juncture of microtrend support. If this support is unable to hold, we may be revisiting the Fibonacci retracements as we make our way back down to mitigate the supply LV at 1.618% and possibly the...
On the Dash chart, a descending broadening wedge has appeared (1h-timeframe).
A descending broadening wedge is a bullish reversal pattern. The trade can be entered once the price breaks out of the pattern to the upside. The target is the height of point B.
At the moment the price is overbought when looking at the RSI. In our opinion, the price is going to drop...
DASH may have found the strong support, as we see it recovering within an impulsive five-wave cycle from Elliott wave perspective.
DASH with ticker DSHUSD is bouncing strongly and in an impulsive fashion away from the lows and it’s just about to break channel resistance line. It means that ending diagonal within wave 5 of (C) on a daily chart can be completed...
On the chart we can see the price is currently overbought. The three indicators are suggesting the price is in overbought condition and is likely to go down.
This is a short-term setup and the profits could be taken at the target. The three indicators used are Bollinger Bands, RSI and Stochastic.
See all further details on the chart.
Goodluck!
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Using the Fibonacci Retracement we should see Dash push to $6k per coin during the next bull run. However, there is an even more bullish scenario for Dash if the 5 wave Elliot Structure holds true in a super cycle. In which case, we could see Dash trading for $34k per coin
