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DASHUSDT trade ideas

DASH/USDT Trend. Channel. Triangle 344% Pivot AreaThe line chart is specially designed to show the trend. The timeframe on the line chart is 1 day. The price is squeezed into the corner of a huge symmetrical triangle with a base of 344% and is under its resistance (secondary trend resistance). Zones of levels to work on the chart. Coin in coinmarketcap: Dash Everything goes according to the plan I showed a year ago. Large cup - rise in price to its resistance 85 - 380. A pullback from its resistance, which formed this symmetrical triangle. Then it is very likely to break through its resistance and to start working off its targets. But no one rules out the process of dumping the passengers (squeezes), before the breakdown or with a false breakdown, so diversify your money to work. DASH/USD Main trend. Price reversal zone. Anonymous or conditionally anonymous (like DASH) would be a "trap" for shadow money. Anonymous cryptocurrencies can make good money... The main thing is not to get caught yourself before the trap slams shut....... Remember, nothing is anonymous. Everything anonymous is designed to find out what you are hiding from the government. There is a plan, and it is implemented in stages. Remember the phrase from the famous book, "No one can sell or buy anything without being tagged." The process is well underway. There are now 2, there are plans for 6 to make the technology work effectively.
by SpartaBTC
10
💡Don't miss the great buy opportunity in DASHUSD @DashpayTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (128.6). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DASHUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 134.3 TP2= @ 137.9 TP3= @ 143.7 TP4= @ 147.5 TP5= @ 155.4 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
4
💡Don't miss the great buy opportunity in DASHUSD @DashpayTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (128.6). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DASHUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 45. Take Profits: TP1= @ 134.3 TP2= @ 137.9 TP3= @ 143.7 TP4= @ 147.5 TP5= @ 155.4 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
DASH (Dashcoin) Coin Analysis 26/03/2022Fundamental Analysis: Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project's white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions. Dash, whose name comes from "digital cash," was launched in January 2014 as a fork of Litecoin (LTC). Since going live, Dash has grown to include features such as a two-tier network with incentivized nodes, including "masternodes," and decentralized project governance; InstantSend, which allows for instantly settled payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which offers additional optional privacy for transactions. According to its website, the goal of Dash is "to be the most user-friendly and scalable payments-focused cryptocurrency in the world." To accomplish this, the project relies on a network of masternodes, which are servers backed by collateral held in Dash that are designed to provide advanced services securely and governance over Dash's proposal system. In exchange for part of the block rewards, masternodes provide a second layer of services to the network. They facilitate functions such as InstantSend, PrivateSend and ChainLocks. Dash is marketed to both individual users and institutions, including merchants, financial services, traders and those who need to send international remittances. In October 2020, Dash Core Group reported that its strategic objectives moving forward include building its ecosystem and brand, ensuring that users are satisfied and further advancing the technology behind the network. Dash's governance system, or treasury, distributes 10% of the block rewards for the development of the project in a competitive and decentralized way. This has allowed the creation of many funded organizations, including Dash Core Group. In addition, the Dash Foundation, which advocates for the adoption of the cryptocurrency, receives donations and offers paid individual and institutional memberships. Dash uses a two-tier network to secure its transactions. The first tier consists of nodes that carry out mining operations under a proof-of-work consensus protocol, meaning that they compete to solve complex cryptographic problems and at least 51% of nodes must approve a transaction for it to be added to the blockchain. The PoW algorithm used by Dash is called "X11" — a custom hashing algorithm developed by Dash founder Duffield that uses a sequence of 11 hashing algorithms. According to Dash's documentation, X11 is "one of the safest and more sophisticated cryptographic hashes in use by modern cryptocurrencies." The second tier consists of masternodes operating under a proof-of-service consensus algorithm in which masternodes are rated based on their history of providing good services to the network. Masternodes oversee the network and have the power to reject new blocks added by nodes if they were approved improperly. They also enable Dash's ChainLocks feature, which increases security because every 12 hours, a rotating group of masternodes observe and confirm all new blocks added to the blockchain. Dash's developers have stated that this protects the network against 51% attacks. Dash was founded by software developers Evan Duffield and Kyle Hagan. The project was originally called XCoin, changing its name to Darkcoin two weeks later before rebranding again to Dash in March 2015 in an effort to positively change its image. Before launching Dash, Duffield was a software developer with experience in finance, from his time working at Hawk Financial Group, as well as in public relations, having developed machine learning algorithms and search engines. He first conceived of Dash in 2012 as a way to add more anonymity to Bitcoin — hence, originally calling it Darkcoin. Duffield has claimed that he started it as a hobby, coding it in just one weekend. Duffield served as CEO of Dash Core Group — the company that supports the continued development, integrations and other activities of Dash — until December 2017 when he stepped down to focus on other strategic initiatives. Hagan co-authored the original Darkcoin whitepaper alongside Duffield. However, he left the project early on in December 2014. The maximum number of Dash tokens that can be issued is 18,921,005. However, this figure ultimately depends on how the governance decides to allocate the 10% of block rewards reserved for budget proposals. If none were ever allocated, only 17,742,696 DASH would ever be emitted. New Dash tokens are created through a proof-of-work mining algorithm in which the token emission rate is decreased by one-fourteenth, or approximately 7%, every 210,240 blocks, or about every 383 days. Approximately 45% of new DASH is awarded to miners, 45% to masternodes and 10% to fund future proposals. In August 2020, a proposal was approved that will, once in effect, change the ratio of coins awarded to miners and masternodes from 50/50 to 40/60, respectively. Within the first 48 hours of Dash's launch, approximately 2 million coins were mined, which significantly exceeded the planned emission schedule. Dash was originally forked from Litecoin, which suffered a similar issue at its launch due to a bug in its difficulty adjustment algorithm. While it is well-documented that Dash inherited the bug from Litecoin, there has, nonetheless, been widespread speculation about whether the resulting fastmine was intentional to benefit early miners. The current CoinMarketCap ranking is #72, with a live market cap of $1,378,795,303 USD. It has a circulating supply of 10,641,166 DASH coins and a max. supply of 18,900,000 DASH coins. Technical Analysis: As you can see the Price Value has fallen to 85% of its All Time High and it seems to be very Discounted and Undervalued at the moment and it can be considered as a good investment opportunity. The flow of Smart Money at this moment is very obvious as this asset is at the Accumulation phase currently and can Blast to the higher levels post its Accumulation. There exist a Bullish Divergence of Price and MACD which can be interpreted as the Bearish Trend Reversal and beginning of the new Bullish trend and new cycle. We have defined the Total of 3 Targets using the Fibonacci Trend Base Extension levels, which can forecast the Hight of the upcoming cycle, The 3 TP gets confirmed as the Price Triggers the 2 TP followed by some Price Correction.
Long
by BitonGroup
🔥 DASH 10-Month Falling Wedge: Bullish Reversal?For over 10 months now, DASH has been trading bearish. During this time, a falling wedge pattern has emerged on the chart. Falling wedges are classically bullish reversal pattern, so that's the narrative that we're focusing on today. If BTC manages to keep the bullish trend going, I'm expecting DASH to break out bullish in the coming few days. Near-term targets placed at $200 and $250. On the other hand, further continuation of the chart pattern is still probable. In that case we might see a bullish break out in late April or May. Be patient and keep a close eye on the coming days,=. Happy trading!
by FieryTrading
3
Dash Coin Analysis 09/03/2021this is an update of our initial analysis which we got the TP Achieved and now updating it with more descriptions Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project's white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions. Dash, whose name comes from "digital cash," was launched in January 2014 as a fork of Litecoin (LTC). Since going live, Dash has grown to include features such as a two-tier network with incentivized nodes, including "masternodes," and decentralized project governance; InstantSend, which allows for instantly settled payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which offers additional optional privacy for transactions. According to its website, the goal of Dash is "to be the most user-friendly and scalable payments-focused cryptocurrency in the world." To accomplish this, the project relies on a network of masternodes, which are servers backed by collateral held in Dash that are designed to provide advanced services securely and governance over Dash's proposal system. In exchange for part of the block rewards, masternodes provide a second layer of services to the network. They facilitate functions such as InstantSend, PrivateSend and ChainLocks. Dash is marketed to both individual users and institutions, including merchants, financial services, traders and those who need to send international remittances. In October 2020, Dash Core Group reported that its strategic objectives moving forward include building its ecosystem and brand, ensuring that users are satisfied and further advancing the technology behind the network. Dash's governance system, or treasury, distributes 10% of the block rewards for the development of the project in a competitive and decentralized way. This has allowed the creation of many funded organizations, including Dash Core Group. In addition, the Dash Foundation, which advocates for the adoption of the cryptocurrency, receives donations and offers paid individual and institutional memberships. Technical Analysis: as we can see this coin has past from the its Accumulation Zone and started its rally, there exist a Hidden Bullish Divergence with MACD Histogram which is the sign of trend Continuation earlier we had Projected Our Past Target using Fibonacci Projection Tool where the Price has Touched the 61.8% (Extension Level) and retraced back down to 100% or parallel legs, so we can be sure about the 161.8% of the same Fibonacci projection which is our 1 TP, 2TP is 261.8% of the same Projection and we can be optimistic about it when the price retraces from our 1TP and start its Major Impulsive wave.
Long
by BitonGroup
17
💡Don't miss the great buy opportunity in DASHUSDT @Dashpay Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (100.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DASHUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69 Take Profits: TP1= @ 110.3 TP2= @ 118.1 TP3= @ 125.6 TP4= @ 133.5 TP5= @ 146.3 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
14
💡Don't miss the great buy opportunity in DASHUSDT @Dashpay Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (100.0). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . DASHUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69 Take Profits: TP1= @ 110.3 TP2= @ 118.1 TP3= @ 125.6 TP4= @ 133.5 TP5= @ 146.3 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4