Looking at the indicators this might be the trade of the year. It is much safer than shorting conservatively ETH or BTC right now, because DASH resistance levels are already falling down in dynamic while BTC's are flat at 29,5k level. While DXY having a brief moment of weakness Composite Man has time to pump crypto so moon boys will believe they will make quick...
Dash is an open source peer-to-peer payment system with the unit of account of the same name. The coin was launched in 2014 and is a fork of Bitcoin. Dash emphasizes user privacy and faster transaction speeds than Bitcoin. The algorithm for mining the coin occurs due to mining, like in Bitcoin, but with support for staking. In past bullish cycles, the coin...
The retracement is to be accumulated if you believe in this project. I am not yet assured that the bottom is in . One wave seems to be missing. Glad to be proven wrong.
The previous downtrend ended in Nov 2022 and after that a new impulse wave started which also broke the downtrend line. Looking at the chart it seems that Dash has made a huge triangle pattern; this means if Dash breaks this triangle, a huge upward move can be expected. Let's see if Dash can reach the upper line of this triangle pattern.
The DASHUSD looks bearish neutral at the hourly chart. A higher low above 54.56 will favour bulls but a break of the low of 52.15 might favour the bears. For now, I see a bearish sentiment for a price objective of 46 target area for a bias of 42.01
Dash is currently sitting in an ascending triangle and getting ready for it's next leg up. $80 is TP
After a rejection off a historically strong trend line, getting a strong Sell signal from CTv2 and dropping below a previous level of support, we're thinking #DASH is about to drop! The next area of support would indicate and price decline of around 15-35%, that's rather huge! _________ What Do You Think? If you enjoyed or agree with this idea - drop us a...
It's Making LL and LH And it's respect the trendline moving within the trendlines.
DSH/USD - Dark Cloud Cover pattern may continue with a Bearish trend
price move down to approach at area of value, there are two possible rejection levels are marked once price approach with good priceaction long opportunity
Looking at the H4 chart, my overall bias for DSHUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 64.03, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 58.33, where the previous overlap support is. Take profit will be at 85.30 where the overlap...
Looking at the H4 chart, my overall bias for DSHUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 64.03, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 58.33, where the previous overlap support is. Take profit will be at 85.30 where the overlap...
DSHUSD is making a bearish channel and continues Printed lower highs and lower lows.
DSHUSD is a Crypto coin and it is showing a Bearish Trend with LLs and LHs . It is expected that this trend will continue further.
If it can sustain the golden cross then it should validate this inv h&s breakout and head to the $70 target. We can see it has already broke above the neckline once need to see it back above again and maybe close a weekly candle or 2 above it. On its way to the 70 dollar target it would create bigger inv h&s patterns/necklines along the way that would also most...
Looking at the H4 chart, my overall bias for DSHUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for an immediate entry at 62.91, to ride the bullish momentum. Price is also respecting the intermediary support level at 61.99. Stop loss will be at 60.38, where the recent low is. Take profit will be at...
Prediction:Bounce from support and multiple confluence indicates bullish momentum. Trade Plan Bias:Long @59.52 SL 56.87 TP 62.65