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Dashanalysis

Bearish Momentum Resumes in DASH – Entry, Target, and Risk LevelThe daily chart shows a clear downtrend within a defined bearish channel where the price has been forming lower highs and lower lows. After a false breakout above the channel resistance in late April, the price failed to hold above that breakout level and quickly dropped back into the channel — a classic bearish signal that confirms the ongoing downward pressure. Read My Latest Analysis on LTC , XRP and BNB At present, DASH is trading around $21.02 to $21.19, just below the upper trendline of the descending channel. This area has acted as a resistance zone, especially after the false breakout failed to gain momentum. The broader structure indicates that the bears are still in control. Your short entry should ideally be placed between $21.00 and $21.20, just under the resistance line. The target for this trade would be the key support area at $17.86, and if the bearish momentum strengthens, the next level to watch is $15.00, which is a strong historical support and psychological round number. A reasonable stop-loss for this trade would be $25.12, which is above the most recent high where the false breakout occurred. If price climbs back to that level, it would invalidate the bearish setup. This trade setup offers a good risk-reward ratio — aiming for a potential drop of 15–28% while risking around 19%. The rejection after the breakout and return into the bearish channel suggests that sellers have regained control and that the price is likely to retest the support levels in the coming days or weeks.
Short
by SupertradeOfficial
#DASH Recovers after Dropping 11%, Support Lies at $55Past Performance of DASH Like the rest of the markets, DASH prices are recovering, pushing higher at spot rates. This follows a cool-off from March highs that saw the coin drop 11%. Presently, the immediate support line lies at around $55. Since yesterday's bar is wide-ranging and bullish, traders may look to accumulate on every attempt. However, more opportunities could be above BMV:60 , opening the door for continuation above HKEX:65 in the days ahead. #DASH Price Analysis The retracement from HKEX:65 was with light volumes after a sharp leg up from mid-March. With DASH finding support at HKEX:55 and rebounding higher in a three-bar formation, traders can look for opportunities. Since yesterday's bar has high volumes, there are hints that price action is aligning with buyers from mid-March. Accordingly, traders can begin buying on dips, in line with buyers of March 12 and 13, with targets at the climactic bar of March 23. Any unexpected retracement below HKEX:55 cancels this preview, even forcing DASH toward $50. What to Expect from #DASH? DASH prices may be in the early stage of recovery after a cool-off from March peaks. Even though prices may push higher, it is ideal that the push is with expanding volumes to support optimistic buyers. A close above BMV:60 may be ideal, founding the base for HKEX:65 in short to medium term. Resistance level to watch out for: BMV:60 Support level to watch out for: HKEX:55 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#DASH Uptrend Valid Despite 30% Correction from February HighPast Performance of DASH Following steep losses on March 15, DASH remains under pressure. The short-term trend is bearish, and prices are inside a bull flag. For this to change, prices must break above the descending channel, piercing above $60 with increasing participation. #DASH Technical Analysis DASH is within a bear formation at spot rates. As it is, resistance remains at $60 while support lies at $45. Though the March 15 bar is engulfing and bearish, it is with light volumes. At the same time, the primary trend is bullish, defined by gains from November to February 2023. To illustrate, DASH support at $45 marks the 78.6% Fibonacci retracement level. For buyers to swing back to contention, there must be comprehensive gains above $60. Therefore, conservative traders can wait, aware that gains above $60 may lift DASH towards $75 in the near term. What to Expect from #DASH? DASH is technically bullish from a top-down preview despite the 30% drop to spot levels. This preview holds provided prices are above $45 and every correction from February highs is with decreasing volumes. Resistance level to watch out for: $60 Support level to watch out for: $45 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#DASH Remains Bullish, Support at August 2022 High At $58Past Performance of DASH DASH prices have more than doubled at spot rates. Changing hands at over $60, the coin is within a bullish breakout formation. The rejection of lower prices as bulls force prices higher above last week's highs point to demand and confidence on buyers' part. The uptrend is firm as long as DASH is trading above August 2022 highs. #DASH Technical Analysis Traders are confident. After yesterday's surge, and rewinding losses of the weekend, the uptrend formation has been confirmed. Subsequently, traders may find entries on every dip inside the February 6 trade range but above $58 to buy the dip. Based on this candlestick arrangement, the next target will be around $75 or May 11 high. Conversely, losses below August highs may force a sell-off toward $50. What to Expect from #DASH? DASH has been firm in the past three months, bottoming up from 2022 lows. In a bullish breakout formation, traders expect even more gains ahead. Nonetheless, this preview holds water only if $58 holds and DASH rejects any attempt of lower lows. Resistance level to watch out for: $75 Support level to watch out for: $58 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#DASH Surges 78% in 2 months, Resistance at $55Past Performance of DASH DASH has nearly doubled from November 2022 lows, looking at the performance in the daily chart. Buyers remain upbeat, but the sharp retracement on Jan. 16 could pause recent developments. Notably, the bearish engulfing bar on Monday and the failure of bulls to reverse gains question the strength of buyers. #DASH Technical Analysis The immediate resistance line and buy trigger lie at around $55. Since there is a three-bar formation signaling peaking prices and possibly bears, traders should be cautious. In that case, any confirmation pushing prices lower below December highs at around $50 towards $45 may allow aggressive traders to ride the bear wave, swinging the formation. If this happens, and DASH craters further below the middle BB, the coin may retrace to December lows at around $40. On the contrary, any move above $55 will confirm the current bull trend and buyers from mid-November. What to Expect from #DASH? Buyers are currently in control, but the uptrend is fizzling. It is after DASH roars above last week's highs at $55, confirming the bullish breakout above December highs. Only then can traders confidently double down, targeting August highs at around $60. Resistance level to watch out for: $55 Support level to watch out for: $45 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
1
#DASH Reverse November Losses, Surge 50% as Buyers Target $50Past Performance of DASH DASH is firm at spot rates. As an illustration, the coin is up five percent in the past 24 hours and 50 percent from November 2022 lows. In a breakout formation above the bear flag, there could be more upsides in the short term as buyers target $50. #DASH Technical Analysis Prices soared on January 4, looking at the daily chart. Because of this, DASH buyers added to their longs, reversing the losses of early November. Aggressive traders can look to double down, adding their longs as long as prices are held above the support trend line and $40. Their immediate target could be $50 and later $57, or August 2022 highs. Any contrarian formation will question the strength of the uptrend, drawing sellers from November 8 and 9, bars that continue to shape the present formation from an effort-versus-result perspective. What to Expect from #DASH? Bulls are upbeat and expect more. Following yesterday's gains, buyers may be in for more upsides as prices retest critical resistance lines in the short term. Resistance level to watch out for: $50 Support level to watch out for: $40 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
1
Dash: Rising Wedge Supply EntranceDash may be inching more and more toward a pullback. This is due to a steady climb of higher highs & lows in a wedge-like structure with supply bars entering at the key juncture of microtrend support. If this support is unable to hold, we may be revisiting the Fibonacci retracements as we make our way back down to mitigate the supply LV at 1.618% and possibly the 2% and beyond. It's worth keeping an eye on because at some point smart money will be taking profit from the recent price hikes Dash exhibited. ** If you have strong hands, patience, and like big wins, be sure to SUBSCRIBE to this channel. Here's why: I track all USD-paired cryptocurrencies on all the major CEXs and seek out the most lucrative swing trades and runners. All my charts are clean, straightforward, and easy-to-follow with exceptional win rates ranging between 80-85%. Check my chart history and see for yourself. My TA is based on a combo of Volume Spread Analysis, Wyckoff, EW theory & Fibonacci ratios. Stop getting smashed and start winning in crypto. My charts will teach you how. *Not financial advice. DYOR and trade at your own risk.
COINBASE:DASHUSDShort
by jalapablo
8
#DASH Buyers, Coin Surges 33% from November LowsPast Performance of DASH DASH prices are solid at spot rates, pressing higher to retest last week's highs. Despite the sell-off early this week, today’s bounce is an indicator that buyers are in control. As it is, DASH is up 33 percent from November lows. Because of the trend set last week and prices rejecting lower lows above $37, traders might find entries aiming to align with the trend of the November 23 bull bar. #DASH Technical Analysis DASH, in response to shifting sentiment, briefly fell on November 28. Nonetheless, buyers are presently in charge per the candlestick arrangement in the daily chart and the sharp expansion in prices points to general optimism. A notable formation is that the November 28 bullish engulfing bar defines the short term. The bar has high trading volumes, even higher than November 8 and 9. At the same time, prices are still within this bar, pointing to strength from an effort versus result perspective. Buyers can look to load the dips above $37, targeting $44 and November highs at $47. Any sell-off below $37 might attract sellers, forcing DASH even lower, invalidating the current bullish outlook. What to Expect from DASH? DASH bulls are confident, partly because of fundamental factors and solid candlestick arrangement. As long as prices are steady above $37, DASH may rally, building on last week’s gains, to new Q4 2022 highs in the medium term. Resistance level to watch out for: $44 Support level to watch out for: $37 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#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 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
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
DASHUSD after the rain DASH shows that it has enough strength to stand up and even aim for new goals. My advisor generated an input signal on the 4H chart for DASHUSD at the price of 357 USD the target price seems a bit ambitious considering that it is 547 USD, it is not excluded that this will be achieved in the coming weeks but for the moment we can settle for objectives that are closer and more attainable. The strength of the big buyers has not fallen and is returning to the strength of the average buyers who will perhaps demonstrate what DASH can do You can view all signals generated by my Marketmiracle advisor at marketmiracleadvisor.com is a free educational service and does not need any registration.
BINANCE:DASHUSDLong
by MarketMiracleAdvisor
DASH is changing the channel higherDASH looks to be breaking out of a nice wedge (orange lines). However, what I find even more interesting is DASH also looks like it has an interesting uptrend over the past few months. When I move this trend line to the bottom, it shows our current trend going on right now (green lines). The more interesting part is we are currently at the bottom of the line while also in the middle of a breakout. This looks pretty promising right now, although also leaves very little margin for further retracement. Should be interesting if it continues the uptrend in the short term, but at least shows some promise. I have heard some interesting points made by others to the contrary with regard to DASH as of late as well, so I'm also open to others' opinions if you have them.
COINBASE:DASHUSDLong
by crypto_trends
4
LONG DASHUSD - Pefect JunctionPrice action just fell out of both of my custom bollinger bands. It's at a cross roads for the trend to continue upwards. It appears to have been in accumulation for quite some time and it just had a push down that may give the bulls the go ahead. And with Crypto , there's still time to analyze to see where you think is the best entrance. Mine is as shown 76.20. I should've waited just a little longer. but oh well. I believe this is a goof position.
COINBASE:DASHUSDLong
by BodiesXWix
DASH Long 23.6% or 50% Retracement - Depending on placementUsing Bollinger bands and Fibs, I placed the trade which gave me a bit of a spread at 76.17 when I'd rather have it at 75.75. Either way, the way Dash has been moving, this looks to be going long as their was wguite a time of accumulation and it just needed the push down to accelerate it long. Here's to hoping we make a new High. Just FYI these are two trades that have been placed making indicision candles on the hourly. Until it just jumped down. But I have moving average support from Under on most time frames.
COINBASE:DASHUSDLong
by BodiesXWix