After a rejection off a historically strong trend line, getting a strong Sell signal from CTv2 and dropping below a previous level of support, we're thinking #DASH is about to drop!
The next area of support would indicate and price decline of around 15-35%, that's rather huge!
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There's a very long descending line of resistance going all the way back to early 2021 - this has been tested a few times historically and the price has failed to push through on every occasion.
Once again this level has been tested in the past few days and again it seems to have rebounded to the downside; we do however have a nice level of consolidation to help...
H4
At D1, the Ichimoku cloud is directing downward, indicating a downtrend. On H4, the cloud is directing upward, indicating the formation of a correction for D1.
Conclusion:
We recommend selling when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing upward, indicating an uptrend. At H1, the cloud is directing upward, indicating the...
Title : DASH/USD BUY SIGNAL
Asset : Crypto
Type : Limit Order
Time Frame : H4
Entry Price 1 : $77.86
Entry Price 2 : $75.90
Stop Loss : $71.90
TP 1: $95.90
TP 2: $110.90
TP3: $120.96
Tp.4 $136.90
• The price of Dash is likely to encounter a price breakout or a price breakdown in view of a range-bound movement.
• A bullish break at the $136 will make the crypto...
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You can sell DSHUSD from 140-160
Stop-loss at 170
&
You can Buy DSHUSD from 85-75
Stop-loss at 60
You will find more trading ideas in SAV Finance community.
DASH/USD
DASH strong uptrend must be over temporarily as the price already declined by over 30% drop.
Key areas to be watching is between 92 - 78 levels as this floor coincides
with the 50MA and upward trend-line support, we could expect a minor bounce from here.
breaking the line will be taking us down
and will probably test previous low.
sad
anyways like , comment and follow for more
ALSO SEE MY PREVIOUS DASH UPDATE
DASH/USD has shown a break at strong trendline support at 315 on the 4H charts.
Recovery attemps in the pair have been capped below new trendline support turned resistance at 320 levels.
On the daily charts, the pair has slipped below 5-DMA on Monday's trade and on the day upside was capped at 5-DMA at 320.
Price action is below daily cloud and major EMAs. Scope...
Here also we are waiting for another wave of fall. I want to see overthrow. Break of the final diagonal triangle down and quickly return to the triangle. This situation would be good. However, there are other triggers on long. There is also a shrinking volatility and soon we expect an explosion
As you know most of the cryptos are have been correcting lower the latest days.
Same with Dash. I am expecting more downside to the areas mentioned above.
That area will be a decision area. But I am expecting a bigger bounce in favor of DASH.
Most of the cryptos have a similar structure lower. Have a look at my recent analysis. or They all look similar and...
DASH/USD is extending weakness below 200-DMA, bias lower.
Technical studies are highly bearish. 5 and 20 DMA are sharply lower. Bollinger bands are widening.
Stochs and RSI show bearish momentum and MACD is deeply in negative territory. We see -ve DMI dominance and ADX supports trend lower.
Price action has broken 78.6% Fibo and 200-DMA, is on track to test 88.6%...
DASH/USD has shown a decisive break below strong support at 50-DMA at 967.92.
The pair hit session lows at 858 before paring some losses to currently trade around 900 levels.
Momentum studies are bearish, RSI is now biased lower. -ve DMI is on verge of crossover on +ve DMI.
Price action has dipped below daily Ichimoku cloud and we see scope for further...
Price action preferred the greenback if anything is to go by what the charts indicate. Price broke below minor support and if price maintains level below $320, then we short DASH and aim $270 and then $220 Q2 highs.
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