It is beginning to sound like a broken record now, but we got to remain objective. The charts are quite clear that we are going lower, yet it remains to be seen how much lower in the short term anyway.
Fibonacci goals is in green, cancellation/setup rejection is in red. This is not some kind of financial advice for your portfolios, so do your own research and...
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(DASHUSD 1W Chart)
If the price holds above the 165.21626486 point, we expect the uptrend to continue.
(1D chart)
It needs to rise above the 197.43788317 point and find support to turn into an...
I think resume upward momentum here, even if only to retrace after this insane sell off that has taken dash back down 75% from the highs back in April.
You'll get to hear about "The three black crows"...such things are interesting. What is the real meaning of those crows? What omen do they tell, or is it just price-movement ?
DASHUSD -Bullish at the H2
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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...
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.
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
If we are actually heading to phase 3 of the crypto bull run. Large caps are gonna go parabolic . If this is the case I can see dash coin hitting 3k-12k max before Jan, 2022.
I repeat do not sleep
$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. :)
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
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...
