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DASHUSDT trade ideas

#DASH Pinned to an $8 Range as Bears Flow BackPast Performance of DASH Like other crypto assets, DASH failed to stand tall against a wave of sellers. As of writing, the coin is down five percent and bending back to follow strong bears. The dominant trend remains bearish in the short term, and this forecast will stand provided prices are below $50. #DASH Technical Analysis DASH is in accumulation in a bear flag when analyzed from a top-down preview. The immediate resistance is at $50, while the coin's support is at $42, marked by last week's lows. If bears press on and DASH cracks below $42, aggressive traders can unload on every attempt higher, targeting June 2022 lows of $38 and later $30 in a bear continuation formation. Already, the drop of the past two days is within increasing volumes hinting at bears. This move will confirm losses of Q2, signaling another wave of lower lows that could push DASH to the brink. What to Expect from #DASH? DASH is on a weak footing, and buyers should keep prices above $42 if the uptrend is to be sustained. A close above $50 and last week's highs will draw strength and attract buyers as the coin recovers. Resistance level to watch out for: $50 Support level to watch out for: $42 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
#DASH/USDT - Long - Potential 33.29%Binance supporting the DASH network upgrade and hardfork. Slightly higher risk trade as the CPI data released later today could tank the crypto market so if you're trading today stay alert, dont go too heavy and mitigate losses if needed. #DASH/USDT - Long - Potential 33.29% Exchanges: Huobi.pro, Binance, KuCoin, Bittrex Signal Type: Regular (Long) Entry Targets: 1) 47.63 - 100.0% Additional Entries / DCA Points; 2)47.60 3)44.46 Take-Profit Targets: 1) 49.99 - 50.0% 2) 54.54 - 25.0% 3) 63.68 - 25.0% Stop Targets: 1) 42.01 - 100.0% Trailing Configuration: Take-Profit: Percentage (1.0%) Stop: Breakeven - Trigger: Target (1) Published By: @BPTadmin
Long
by CryptoNicho
DASHUSDT is testing the ressitancesThe price is trying to have a breakout from the 4h resistance after a clear rejection from the 0.618 Fibonacci level on the 50$ area. How to approach it? IF the price is going to create a clear breakout from the 50$ area and retest as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
8
#DASH in a Bear Breakout with Resistance at $52Past Performance of DASH DASH prices are stable at press time, following encouraging gains on August 23. The primary trend remains positive, and the pullback may represent further selling opportunities for opportunistic bear traders. This preview, gauging from how candlesticks are arranged in the daily chart, is valid, provided prices are within the August 19 bear bar. #DASH Technical Analysis DASH is up four percent in the past 24 hours at press time versus the USDT. Still, the coin is broadly within a bear breakout formation below the long-term support trend line and the middle BB. Furthermore, since prices are floating higher with relatively low trading volumes, the immediate trend swings to favor sellers. From the daily chart, the first level of support is at $44, marking last week's lows. A close below this mark may see DASH retrace to 2022 lows at $40 in continuation of selling pressure set in motion at the tail end of last week. This preview will, however, be null should DASH bulls force prices above $52, reversing the losses of August 19. What to Expect from #DASH? The primary trend is bearish, and the coin is within a bear breakout formation. The relief rally of August 23 may be short-lived if there are no sharp gains above $52. Any reversal below last week's low may see even more liquidation in the short term. Resistance level to watch out for: $52 Support level to watch out for: $44 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
DASHUSDT | IMPORTANT ZONEDASHUSDT is trading near the horizontal resistance . The price action previously get rejection from same zone. The price is continouslly geting support from rising trendline. One can long above break of resistance zone . We are expecting a price retracement to rising support before a breakout above horizontal resistance. The bulls need to break the horizontal resistance and price must sustain above horizontal resistance. While rejection from horizontal resistance will favors bears. Trade your levels accordingly.
by JustTradeSignals