DASH on Daily. Retracements and targets.Blue trend lines, fib retracement and fib targets set on daily. 30 min purple trend lines added. Support and resistance lines set on weekly, daily, 4 hour. I see 3 different potential outcomes. If dips any further, more than likely to find support in the 0.618.
Buy in alert added.
Market insights
DASH to $134-$176 before LongThis is a 4hr Point and Figure Chart for DASH/USD.
In the same time that the RSI will go the bottom of its trend channel, the Stochastic RSI will bottom in the middle line of the trend channel, with the SMIIO confirming support on the top of its trend channel, as this is the 2nd time it has ever gone above this channel (the first was when it made its massive bull run in 2017).
My area of support can range anywhere from around $134 to $176.
I included $134, as it touched down once, but this was an anomaly. Price may very well end up at around $134, but this is not where I will place my buy order as it is just too much risk versus reward. There is a plentiful amount of support at the $144.95 level, and I think this is a reasonable place to place a buy order, although a little bit above to ensure my buy order gets fulfilled.
This region also happens to be where the top level of the price channel is, and has been for the entire bear market. The rally in February of this year was the first time that price has gone above this INTENSELY strong resistance level since December of 2017. It makes sense that price is correcting and will confirm support on this level.
Something to keep in mind is that the 100 day moving average is at $161 right now, which is still a good area in terms of the overall big picture. The 200 day moving average is currently at $119.
NOTE: The UP arrow in my chart is not signifying a certain price or indicator level it will reach, this was just showing that it will go up after it contacts these support levels.
Feel free to check out my previous analysis of DASH/USDT from March 17th, when everyone was expecting a bullish run-up:
Follow and Hit like for more DASH charts
DASH - descending triangleDash is currently in descending triangle pattern which means the price can go both up and down, the price must stay at 200$.
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.
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.






















