🆓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
DASHUSDT trade ideas
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!