DASH/USD Secondary trend. Downward wedge. Breakout.

Jan 30, 2023

Logarithm. Secondary trend. Three days time frame. Downward wedge. Maximum $480. Breakout zone. Everything is very accurate.


Plan A. This is what the trend and the reversal zone look like on the line chart of the price. With percentages to key resistance levels for orientation.

Plan B. You should also understand that if the price doesn't break through this resistance zone or doesn't consolidate above it (general situation in the market). Then a pullback occurs and a sideways movement with significant percentage steps in the range of the indicated level zones is formed.




The main trend. Time frame 1 month.

DASH/USD Main trend.

Feb 12, 2023

Note

Bitmain will release a new miner for DASH will go on sale on February 13th at a price of $8500 per unit. The device hash rate will be 1770 GH/s, power - 2839 W.

Consequently, in order to sell the miner, and before it is not cheap, the cryptocurrency for which it is released should not have a low price. At least for a while while the sale of the miner will be relevant. Otherwise, Bitmain won't sell “their shovels”. Consequently, the main “DASH whale” will be Bitmain for the time of the new miner sales.

Feb 12, 2023

Note

Mar 5, 2023

Note

Cup resistance breakdown. Rollback. Re test of the breakdown zone. Linear chart for clarity.

Mar 6

Trade active

06 03 2024

Didn't update for exactly 1 year. There was no point. Now pay attention to this old cryptocurrency. Locally-medium term (max 2.5M) potential on the chart.

🟢 Break of $40$ accumulation resistance - pump, exit from the set.
🔴🟢No breakout - pullback into the set channel. Then still pump exit from this zone.

📊Charted price on inadequate illusory super profit (super marketing to pamp tens of thousands of % in early 2017) on the chart, but over the next 2 cycles coins long ago reallocated. If you are afraid, then limit losses with stop loss, but it is not necessary. Another option, so as not to waste time and not to miss the perfect entry point - stop to buy on a breakout over resistance.