dash has the benefit of production cuts in June
The trend is also very good, breaking through the local downtrend
I expect that dash will be dominated by shocks in the short term
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Dash could break out after this long descending triangle, 90 dollar area is sinds 2017 a support line.
Hopefully we'll see some decent uptrend next few monts to come.
If you miss the buy , buy it now and also in Coinbase too.
The green is screaming for the bulls and played the support very well and thanks to the meta share had been going on.
Bullish trend and big push up; watch any reversal happens.
Time to go to the moon
Hello Traders,
Here is a long term chart on DASH, same deal for the colors. Pink we want to stay above, if not, green lines are the points of interest for buying opportunities. Red rays are resistance and white lines are targets when the light blue trend lines are broken.
If you look at the previous run, this all looks very similar to the present run but on a...
Hi Traders
DASHUSD (1H Timeframe)
A high probability, entry signal to go SHORT will be given with the downward break of 93.50 after the market found resistance at 96.35. Only the upward break of 96.35 would cancel the bearish scenario.
Trade details
Entry: 93.50
Stop loss: 96.35
Take profit 1: 88.80
Take profit 2: 84.10
Score: 8
Strategy: Bearish Wave We2
This chart shows the main trend of this cryptocurrency. Term 1 week. The idea is to understand where the price is on a global scale and what to expect. It is advisable to trade on a lower timeframe, but a large timeframe gives you an idea of what to expect in the future.
Pay attention to what formations have formed on the chart and how they can "flow" into each...
Main trend. Term 1 month. Updated my previous main trend idea (long term) posted on 11/17 /2022 before the secondary trend reversal.
At the moment, a descending wedge has formed in the secondary trend. The price is near a potential reversal zone.
The idea on such a timeframe is to understand the main trend of this cryptocurrency and where the secondary trend...
Hi Traders
DASHUSD (4H Timeframe)
Waiting for the upward break of 111.20 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 100.55 would cancel the bullish scenario.
Trade details
Entry: 111.20
Stop loss: 100.55
Take profit 1: 117.25
Take profit 2: 127.60
Score: 7
Strategy: Bullish reversal
Overall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
DASHUSD appears to have formed a flag. A flag is a consolidation pattern and usually slopes against the prevailing trend. The trendlines on this flag is almost almost so far which is acceptable. The pole is UP so this would be defined as a bull flag. Possible stop below trendline after a break.
You can project pole up or down from the trendline to get a...
