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DASHUSDT trade ideas

🔥 DASH Huge Bullish Channel: Strong Gains AheadAfter hitting the lower channel support a couple of weeks ago, DASH is seeing quite some decent returns as of later. In many other posts I've made the assumption that we were facing a mid-cycle correction recently and that more bullishness was on its way. Assuming that's correct, I see some nice gains ahead for DASH. My main long-term target area is the area between $500 and $600. Be aware that it can take half a year or even more to get there. Happy trading!
Long
by FieryTrading
16
Bull run?Hey, wolves🔥 There is such an interesting formation on DASH only for you. Our lovely Cup and Handle pattern. As you can see from the chart, the price of the index had continious growth. Historical trendline was broken however this pattern may become a good signal for bulls. So follow the chart and look for the retest carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
Long
by Berzerk_invest
5
DASHUSDT is inside a descending channel 🦐DASHUSDT is inside a descending channel and now the price is testing the 4h support. IF the price will lose the current support, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
Short
by InkyGrip
18
What's up with Dash?Global markets fell today, amid fears of the Delta variant of the Covid-19 virus. Yet among all the doom and gloom, Dash saw gains of 15.5% - what gives? --- First, let's take a look at the DASH Coin Metrics. The most recent price of DASH at the time of writing is: $136.73. The 200 Simple Moving Average (SMA) is at: $202.78, and the percentage distance from the latest DASH price and the 200 SMA is: -33.0%. A coin which has a price less than its 200 SMA is less costly on average than at any other time, and so this might be a good time to buy. Beware though that this may also be a part of a bearish trend, where the price might drop even further. DASH is also below the 365 SMA, and in fact seems to have recently bounced off the 720 SMA, which is the 2-yearly average price of the coin. --------------- A recent study by CryptoRefills, a company that sells vouchers and gift cards in exchange for cryptocurrency, suggests that while many users view Bitcoin as a useful way to pay for goods and services, many users hold other assets in their portfolios as well, such as DASH and Litecoin (LTC), which have lower transaction fees. Could this be the reason for a sudden interest in DASH? Let me know your thoughts in the comments below! Happy trading, folks! Please like and follow if you'd like to see more of my content.
by Evermore