DASH - descending triangleDash is currently in descending triangle pattern which means the price can go both up and down, the price must stay at 200$.
DASH/BTC also needs to breakout and after that the price of Dash won't be affected by Bitcoin dumps so hard.
Will update this idea when the breakout happens.
Still it's just a pattern and it could go sideways, let's wait and see where the price is heading.
DASHCUSD trade ideas
DASH Accumulating for explosive runHello everyone,
Currently dash is in a lateral accumulation phase.
As we could see in the previous run, the explosiveness of this altcoin is massive.
Be aware of key points:
250$
Breaking RSI downtrend
500$ Long term objective, timing is not bad but you could get bored watching other altcoins growing.
Good Luck!
DASH is about to hit crucial supportDASH just broke out of what could be considered a bear flag which could mean it is about to head downward.
What makes matters worse for DASH is it is about to hit the bottom of a long term wedge (green lines) right around the 50% Fibonacci level near $212. Although this is a great opportunity for a bounce, with the bear flag just breaking, it must also be considered that if support breaks, it can easily hurl into a whirlwind downward over the next month.
Hence there is some crucial support to watch soon around $212 for DASH.