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DASHUSDT trade ideas

DASHUSDT ABCDThe ABCD is a basic harmonic pattern. All other patterns derive from it. The pattern consists of 3 price swings. The lines AB and CD are called “legs”, while the line BC is referred to as a correction or a retracement. AB and CD tend to have approximately the same size. A bullish ABCD pattern follows a downtrend and means that a reversal to the upside is likely. A bearish ABCD pattern is formed after an uptrend and signals a potential bearish reversal at a certain level. The rules for trading bullish and bearish ABCD patterns are the same, you will just need to take into account the direction of the pattern you trade and the movement of the market it predicts. Likes and comments if you have questions! 🍌 Thanks!
by UnknownUnicorn38199698
3
DASHUSDTHello Dear friends We do not have a signal to continue the increasing trend. On the other hand, in the increasing trends, the resistance ranges have been preserved and the orders have not been fully consumed. On the 4-hour time frame, there is a high probability of issuing a negative RSI divergence, and on the 30-minute time frame, a negative divergence has been issued for us. Currently, the possibility of a reaction to the $47 range is high. Keep in mind that if the uptrend is above the red zone ($50.33), the above view will expire. We would be happy to hear your comments.
Short
by FiboTech
The general situation of Dash currencyHI GUYZ In this post, we will check the general situation of Dash currency. As shown in the chart, we are generally in a bearish trend as indicated by the daily trend line.At the end of the trend we saw the formation of a triangle pattern with an unusual breakout out of it and retouching the area that was once touched as a shadow. After this unknown failure, the buyers acted more successfully and by entering the appropriate capital, they were able to start the correction process towards the trend line. If we examine the smaller time frame, we also see a bullish angle pattern, which is usually associated with a downward breakout. Confirmation of this channel can also be obtained by placing chart settings on the line (O+H+L+C/4)chart. So, in general, I expect the price to return after the price hits the trend line or the specified area, and in the event of a valid failure of these areas, the price will have conditions for growth up to the $90 area, otherwise, we should wait for lower price floors. was also. Note that this is a general analysis and to take a sell position, one should look for a suitable entry zone that matches the general analysis
Short
by aliasadii
🔥 DASH Bounced From COVID Crash LowsDASH has been performing sub-par for almost two years now. As of a couple of weeks ago, DASH has bounced from the previous bear-market lows of around $30. Ever since then, DASH has been outperforming a lot of other tokens. Seems that investors only got interested in this token once it touched the COVID crash lows. In the long-term, I see DASH regaining a big portion of its lost value over the last 1.5 years. If it will ever reach above $480 again remains uncertain. For now, my targets are relatively close, see the blue lines.
Long
by FieryTrading
3
DASHUSDT.P trade idea - 4H Ichimoku levelsHere we trade 4H Ichimoku levels on DASHUSDT.P. What do we see? Price hit our sell zone, with what looks like bearish RSI(14) divergence. We were unfortunately a bit late on our entry. Therefore we took a quick profit, that we now can add to our position in case price goes up to test the zone again. We are willing to add to our position further at "Entry sell 2", as long as momentum is dying down. When is this trade invalidated? Threefold: we get stopped out above the resistance level, 4H candle closes above the zone itself or RSI momentum increases. One could still trade this zone, set your alert to 47.5 USDT and trade the reaction. Happy trading! Remember: this is just an idea, NOT financial advice. Please do NOT take this trade, as it may run into a loss. Only take trades that fit YOUR plan and/or risk tollerance. If you did like this idea give it a boost. Happy trading!
Short
by FR_Ambrosius
Dash Breaks Downtrend, Conquers MA200 (Additional 60% Possible!)Look at this one... What do we have here? Dash vs Tether (DASHUSDT) is looking really good right now after it recovered from the recent November crash/low. The first data point to look at on this chart is the downtrend from the August high. This downtrend has been broken. We also have a stop-loss hunt event which has been fully nullified. There was a crash followed by a fast and strong recovery. Finally, we see DASHUSDT growing above MA200, which is our long-term potential measuring indicator. All these signals open the doors for additional growth. 25% Is the easy target. 60%+ Can end as the next high for this current move. The charts can always change... We already know this. Make sure to plan ahead. I am wishing you much love, good luck, health, wealth and success... Always! Namaste.
Long
by AlanSantana