DASHUSDT 🔺Weekly update🔺The third encounter with the weekly trend line and the possibility of failure according to the RSI divergence. After the break and the Pull-back, enter the LONG postion.
DASHUSDT trade ideas
TRADE PLAN FOR DASH FOR PROFITSHello guys, i believe its has been a wonderful journey so far with profits , A look into DASH and its plan for profits. ENJOY.
tradehubng
DASH ANALYSIS🔮 #DASH Analysis : Pattern Formation 💰💰
🤑🤑#DASH is making perfect rounding bottom pattern indicating a potential correction from its lowest point. If #DASH breakout the neckline and also retest the level then we will get a bullish move📈📈
🔖 Current Price: $32.00
⏳ Target Price: $74.00
⁉️ What to do?
- We can trade according to the chart and make some profits in #DASH. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#DASH #Cryptocurrency #Pump #DYOR
✴️ Dash Set To Move Beyond $111.11 (A 580% Bullish Wave) The waThe wave count here is hard to interpret but what is not hard is the Adam & Eve bottom pattern, it is quite clear on this chart (black).
With a perfect 5-down wave pattern, we can expect an upwards correction or full-blown change of trend.
DASHUSDT hit a low in June this year and later bottomed in August; now it is trading above EMA10.
This is another great chart setup, a bottomed out pair has low risk and high potential for reward.
➖ Risk can be low between 20-30%.
➖ Potential can be great between 240%-580% or more if the focus is long-term.
This is not all that is possible for this pair.
A new All-Time High can happen within the next Altcoins market bullish phase.
Namaste.
DASHUSDTI have taken a Long position on DASH, and this is my own idea. This trade is executed on Bybit.
🚨 Trade Alert: DASH/USDT (3-5x)🚨 New Trade Alert 🚨
✅ DASH/USDT (3-5x)
📈 LONG Entry Zone: 30.33 - 32.61
⛔️ SL: 29
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 33 - 33.5 - 34 - 35 - 36
Mid Term: 37 - 38 - 40 - 42 - 45
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
#DashUSDT #LQR #TOBTC #LaqiraProtocolThe price is trying to reach the resistance of 37-40. If reaching this Zone, we are looking for reasons to enter a sell position. If confirmed, enter according to your strategy. This analysis is a personal view and the offer is not buy or sell
DASHUSDT- In Sideways TrendDASHUSDT is in a sideways trend. So applied support and resistance lines to find support and resistance. And to take the short trade set the S2 as the sell Stop and S1 as the Stop loss and calculate the TP. And to take the long trade set the R2 as Buy Stop and R1 as Stop loss and calculate the TP.
DASHUSDT - Breakout from consolidationAfter a strong bullish runup, DASH has been consolidating in a horizontal range.
Low breakout has been rejected so prepare for possible breakout on either side of channel
DASH/USDT Short-Term OutlookTitle: DASH/USDT Short-Term Outlook
Bias: Bullish Reversal
Description: DASH/USDT is forming a base above $28.69, with SMAs converging, indicating a potential reversal. RSI above 40 suggests momentum is picking up.
Direction: Expecting an upward move.
Entry Position: Break above $30.41 (24 SMA).
Stop Loss: Below $28.69 (recent low).
Targets: $31.25 (48 SMA), then $32.70 (resistance).
Caution: If price falls below $28.69, bearish trend may resume. Monitor RSI for strength confirmation.
Dash to $1500On the above 4-day chart price action has corrected 90% since the sell signal back in the Spring of 2021 (not shown). Now is an excellent moment to be long. Why?
1) A breakout from resistance that began in May 2021.
2) Multiple oscillators print positive divergence over a 7 week period. Look left.
3) The target is $1500. Some of you know why some of you don’t.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 30x minimum
DASH/USDT Breaking Descending Channel? DASH Analysis💎Paradisers, get ready for a potential trading prospect with DASHUSDT. It's currently exhibiting interesting activity within a descending channel, indicating a possible shift towards an upward trend.
💎DASH has been diligently tracing a descending channel pattern. Should it break above this channel, we anticipate it to target liquidity up to a resistance level, followed by a swift retraction, staying true to its channel pattern.
💎There's a strong likelihood of a bullish movement starting from the support mark around $33.5. Once DASH successfully exits the descending channel in an upward direction, it's expected to aim for resistance levels near $43.17.
💎 Timing is of the essence for astute Paradisers. Identifying the best entry points during this ascent is key, and it's wise to steer clear of entering at the height of the rise.
💎Be cautious, as there's also a chance of DASH descending below the $24.36 support level. A fall beneath this critical point may raise questions about the sustainability of the upward trend.
DASH | Long entry. Entry range $43-41Long entry. Entry range $43-41
Analysis of the chart and indicators showed that the coin is preparing to move down. I put a limit order and wait for the instrument to go to the levels of 41-43 dollars. When going to these levels, I will make a further forecast. Stay tuned for more ideas.
dash preparing for massive recovery seems like dash has already bottomed out and preparing for massive recovery
formed falling wedge and approaching towards multi year trendline expecting breakout soon incase of successful breakout expecting massive bullish rally
incase of successful breakout expecting 180 to 200% bullish wave
Dash After Successfull Trade Here is The Next One. Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
DASH facing resistance at target 1 butDASH is gaining momentum toward historical trend line and will face resistance. But the project is still going and I see a close above 55 to start great momentum towards next targets.
DASH (Crypto DASH ) Buy TP = 49.64On the 4-hour chart the trend started on Sept. 3 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 49.64
But we should not forget about SL = 21.77
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
📈📊 #ChartPattern Alert! 📈📊 📈 Triangle 📈A "triangle," in the context of trading and technical analysis, is a chart pattern that forms when the price movements of a financial asset create a shape resembling a triangle. Triangles are typically continuation patterns, meaning they often indicate that the asset's price is likely to continue moving in the direction it was heading before the formation of the triangle.
There are several types of triangles:
Symmetrical Triangle: This triangle forms when the price oscillates between two converging trendlines, one sloping upward and the other downward. As the price approaches the apex (the point where the two trendlines meet), it's expected to break out in either an upward or downward direction, indicating a potential continuation of the previous trend.
Ascending Triangle: An ascending triangle occurs when there is a horizontal resistance level and an upward-sloping support line. This pattern suggests that buyers are gradually becoming more aggressive, and a breakout above the resistance level could lead to an upward trend continuation.
Descending Triangle: Conversely, a descending triangle forms when there is a horizontal support level and a downward-sloping resistance line. In this case, sellers are becoming more aggressive, and a breakout below the support level could indicate a continuation of the downward trend.
Traders often use triangles to identify potential entry and exit points for their trades. The breakout direction from the triangle pattern is seen as a significant signal. However, it's essential to consider other factors, such as volume and overall market conditions, to confirm the validity of the breakout.
In summary, a "triangle" in trading represents a chart pattern formed by converging trendlines, indicating a period of consolidation in the market. It's a useful tool for traders to anticipate potential price movements and make informed trading decisions.
✴️ Dash Reversal, Aims At $60 (Name Your Altcoin)We are looking at it up close to spot the reversal which is what's most relevant right now. Or I should say the "potential" for a reversal because things can always change.
This is Dash on the daily timeframe, DASHUSDT.
Dash produced a low in June 2023 followed by a lower low in August.
The current daily session trades above both these lows with the June low being more important as it is higher.
Dash is also trading daily above EMA10.
These simple yet powerful signals indicate that there is bullish potential for this pair.
Even though the price is weak;
Even though the pair is trading near support;
Bullish potential means that it can grow not that it is trading at new highs or all-time highs.
For example, a weak/oversold RSI is a bullish signal because there is potential for a reversal.
I am mentioning this because some people read it the other way around.
Now, these signals are supported by a strong bullish divergence with the MACD and RSI, see the charts below.
These oscillator are producing higher highs while the pair produced lower lows...
MACD (higher low since August-June)
RSI (higher lows October-August-June)
And so we have potential for a reversal to take place.
Looking at this in isolation can be tricky and thus we consider the rest of the market, meaning Bitcoin as well as some conventional assets like Gold and the DXY.
Bitcoin is bullish and hitting new daily highs.
Gold is bullish and positively correlated with Crypto while the U.S. Dollar Index (DXY) which is has a negative correlation is bearish. There you have the entire soup.
The Altcoins are bullish as well.
Looking at the entire picture together leads us to the conclusion that Dash too can also develop a new bullish wave.
$60 can be the next target... Higher or lower?
Who knows... Who cares!
Thank you for reading.
Namaste.
📈📊 #ChartPattern Alert! 📈📊 📈 Channel 📈A "channel," in the context of trading and technical analysis, is a chart pattern that forms when the prices of a financial asset move between two parallel lines, creating a kind of corridor or channel. There are two main types of channels: an ascending channel and a descending channel.
Ascending Channel: This channel forms when prices have an overall upward trend, but this trend is contained within two upward-sloping parallel lines. The lower level is the support, where prices often find buyers, while the upper level is the resistance, where sellers may come into play. Traders often view the ascending channel as a sign of the continuation of the existing uptrend.
Descending Channel: On the other hand, the descending channel forms when prices have a downward trend, but this trend is bounded by two downward-sloping parallel lines. The upper level is the resistance, where prices tend to retreat, while the lower level is the support, where minor bounces may occur. Traders typically interpret the descending channel as a sign of the continuation of the downtrend.
Channel analysis is an important tool for traders as it can help identify entry and exit points, as well as set profit targets and stop-loss levels. However, it's crucial to note that channels are not foolproof, and prices can break beyond the channel lines, signaling a change in trend.
In summary, a "channel" is a chart formation that depicts the direction and strength of a price trend in a financial asset. It's a useful tool for traders looking to make informed decisions about their market trades.
Establishing Bias (Dash TetherUS)More on estabilishing bias on the daily chart rather than anything specific, you can watch until a few minutes when I reach into the hourly chart, but only up until there for now as I don't have any specifics yet.
DASHUSD ❕ decline50EMA broke down 200EMA (4H TF)
RSI is moving in a bearish zone.
I expect the decline to continue.
