DASH Long U/RTook DASH 200 Calls for 8/20 off of a U/R setup on the daily and the tightening above the 20 MA (red line). Targets are indicated by the black lines with PT 1 and PT 2. Earnings are on August 12, 2021. Volume has been decreasing nicely on this topside consolidation. The weekly also paints a textbook cup and handle.
Dash
🌪 🌪 Dash/USDT Good time to buy and holdJUST BUY AND HOLD THIS TIME.
The Ichimoku clouds is forming a cloud similar to the previous wave, price is very close to the support line and prices are still in the 0.618 zone.
Target 264$ and 299$ and 333$
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
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ECT paving the way for DASH to $5600 I love finding leaders and lagers and this seems like a perfect example. Its easy to see the similarities in these charts- they're not exactly the same but wow are they close. The last time I noticed something like this BTC had just hit 20k while ETH was still at $500 (see below). Just like BTC was leading the way then; it looks like ECT might be leading DASH (& others) now. The ball's in your court.
There are a few way to tackle this trade;
Entry 1: here $125 - $131
Stop 1: tight $124.5 or loose $120 depending on how aggressive you want to be
Entry 2: on retest of breakout
Stop 2: below the retest pivot
Entry 3: on a test of the lower trend line
Stop 3: below the pivot at the trend line or on the break and close below trend line
Entry 4: on retest of breakout
Stop 4: below the retest pivot
Target for all of the above at your own discretion. I'm treating this as an entry for a longer term position; so I'm holding it for much higher prices.
Trade ideas:
BTC leading ETH:
Never Trust. Verify.
D.Y.O.R . Not Financial Advice, this is my trading journal.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
THE MOMENT WE'VE BEEN WAITING FOR??BTC is trading in a decent side symmetrical triangle. This pattern is not bearish nor is it bullish, it can go either way ladies and gents. So I will stay neutral until conformation. As you can see, a break out is imminent! PRESSURE BREAKS PIPES AND THE PRESSURE IS ON THE CHARTS! I believe it will occur no later then the 13th of July and this breakout will be the moment of truth. A huge dip can occur before breaking up....this is what I call a "fake out" or shaking out weak hands lol...the same goes for the upside. Volume and breaking/closing above resistance or below support will confirm the direction that SIR BITCOIN will choose. This story is far from over in my opinion. So buckle up ladies and gents! This one will be a ride.
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
DASHUSDT Suppport BreakoutDASHUSDT(1H CHART) Technical Analysis Update
Support Breakout
DASHUSDT(1H CHART) currently trading at $126.50
Short Entry : $129.00 - $126.00
Stop loss: Above $133.00
Target 1: $119.00
Target 2: $115.00
Target 3: $108.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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DASHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. The price has been able to break its resistance and is moving inside the ascending channel. At the moment, the price is at the bottom of the channel. We can buy for the above purposes. In case of loss of the canal floor, there is a possibility of price correction. We have identified support and resistance for you.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🆓Dash (DASH) July-6 #DASH $DASHDASH has just been rejected from the $140 zone so it will head towards the $120 or even $90 zone, where DASH will definitely approach in the future. However, if there is a strong and unexpected buying force that helps DASH regain the $140 zone, DASH will surge to the $190 zone
📈BUY
🔴Buy : 117-123$ if A. SL if B
🔴Buy : 137-143$ if A. SL if B
📉SELL
🔴Sell : 137-143$. SL if A
🔴Sell : 186-194$. SL if A
♻️BACK-UP
🔵Buy : 137-143$ if A. SL if B
🔵Sell : 186-194$. SL if A
🔵Sell : 117-123$ if B. SL if A
🔵Buy : 88-92$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Checking in on an old draw, from the depths the old Bear MarketWOW
Look at how we hit the 3.618 Fib Extension!
I'm not an OG Bitcoiner, but became aware of it early maybe in 2012
started doing my research on BTC in 2016 after noticing it was still alive and kicking
and the chart started to look real interesting to me in the mid $400's
and started invested and learning in 2017
we've come a long way since
many inroads & milestone have been made in that time
Now is the s curve adoption phase everything is in place for some unimaginable prices!
(not saying we wont expereince luls, dips, & "crashes" but from what heights!)
ALT Coins Close to Large Bounce MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
If ALTs can hold this Level we should see a large bounce
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If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
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Dash coin has formed a bullish BAT for upto 51.5% bullish moveHey dear friends, hope you are well, and welcome to the new update on Dash coin.
On the monthly time frame chart, the price action has formed a big Cypher pattern .
At the same time on the daily time frame chart, the price action of the Dash coin has formed a bullish BAT and just entered the buying zone.
Dash coin has formed a huge Cypher for upto 215% bullish moveHI dear friends, hope you are well and welcome to the new update on Dash coin.
Previously we had a nice trade of the DASH coin when it formed a bullish BAT.
Now on the long-term monthly time frame chart, the price action of Dash has formed a big bullish Cypher pattern. There is also 25 simple moving average support below the buying zone.
Buy and sell targets:
Buy between: $196.25 to $123.72
Sell between: $253.34 to $390.43
Stop loss:
The maximum extent of potential reversal zone $123.72 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 215%, and the high loss possibility is 37%, however at this time the risk is low as the price action is already close to the end of the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
🔥 DASH Bullish Triangle ContinuationOver the last couple of days, DASH has been forming a bullish triangle. Helped by the overall bullishness of BTC, alts (especially bigger ones) are seeing some nice returns. After yesterday's mini correction, DASH has yet again bounced from the triangle support, confirming the pattern further.
BTC is a little bit on edge at the moment, so I'm not expecting a full fledged break out just yet. For the moment I'm expecting DASH to follow the triangle, breaking out of it at a later point in time.
When trading alts, always keep an eye on BTC.
Happy trading!
Similarities between DASHBTC and ETHBTCI have had a favorable view of Dash for a while and have been trying to construct a trading plan. The scratching in the back of my head had me look at the DASHBTC chart and compare it to the ETHBTC chart and here are the similarities I plan on using until my plan is invalidated for the next couple of years.
Chart Overview and Analysis
The black bands were drawn on the monthly chart and are zone of serious consolidation for many years for both trading pairs. When price finally clears the area on the monthly timeframe there massive gains to be had. The top of the zone failed as support there was a multi-year bear market against bitcoin
Ethereum moved faster against bitcoin but it also had less upside and downside. Dash is taking longer to consolidate against Bitcoin but when it finishes it very likely will have more gains for the patient.
The speed of the movements can be seen with ETH already way above its 400w EMA and finding resistance and consolidating against zone of price action where it failed to find the 400 as support.
Dash has a chart pattern against the 400 EMA just as ETH and I suspect it will resolve bullishly. This will take price action above the 400 EMA and to the resistance trendline which is now some 7 months old. From there a retest of the 400 EMA/Megaphone support would be very natural.
DASHBTC retesting the 400 EMA is a very serious even. It could be over a 50% pullback on the pair and an even more serious pull back against USD, up to 70 percent. DASHBTC could resolve itself bullishly while DASHUSD and BTCUSD are in a multi-year bear market.
More Charts
Below is the Fib Retrace from DashUSD ATH to bear market low and we see that price action failed right in the golden pocket. I suspect we will see a lot of consolidation and the next major stall will be at the 0.786 and then price action will test the 0.618 as rough support.
The next chart is the most provisional but it shows a possible recovery route for Dashusd. There was a quick move to just shy of the 0.5 retracement level, a consolidation and then a move to the the golden pocket. I expect something similar but not an exact repeat.
Here is a zoom in of DASHBTC on the daily chart. The MACD Histogram has a lot of bullish divergence as does the MACD (Asprey Version) and the RSI has found a technical double bottom. I suspect price action will stall at the top of daily BB and Keltner Channel and have some chop but the price action in February does show I could be pleasantly surprised by a very quick move to resistance.
DashEth on the weekly is looking like it will return to the black trendline and possibly beat it as resistance. The purple arrows show bullish divergence and the orange line shows a technical double bottom. Very promising and even if it stalls at the black trendline again it still doubles against ETH.
Final DashUSD targets
Here is Dash next to ETH on the long term chart. Both have the ichimoku clouds on the weekly setting turned bullish and it makes it clear that in very short order DASH could be closing in on its 1.414 fib extension over $8,200 or perhaps an even higher fib target. Off to the left we see the importance of taking profit before the major levels as ETH came to less than 10% of the 1.414 level. But if Dash is anywhere near close to target in a year or so I will be a very happy man.
One reason why I do like fib channels is it called the Eth high perfectly. I might have to settle for mere 5k Dash before a major consolidation. A mere 30x from here.
Closing Thoughts
This charting reflects a lot of my trading style and personality. I am sure they new coins out there that may have more upside than Dash and that are moving a lot faster but as I get further along in my trading and active investing I want something with more history against both itself and major alts. All the general disclaimers of this not being trading advice and myself not being a advisor apply.