Dash had a strong performance in the last days/hours. The question is, how is it going on? I see current two ways up: correction to 300 usd or correction to 200 usd. Then further upwards. Dash has a position next to btc because dash is more decentralized and anonymous. A long-term uptrend could therefore continue.
Let's see. Happy trading. :-)
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update - close up of the situation. trend line works.
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current situation in brief: resistance at 400 touched. correction in progress. 300 could be. imo not anymore.
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trendline works. strong support at 260.
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along the trend line. maybe up possible.
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DASHUSD (8h) close-up of the current situation
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close uo current situation. maybe we see a little correction on the way up.
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next step up is waiting.
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pretty slowly dash is moving towards the point where we can expect a stronger upward trend.
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dash/usd (8h): dash has gone well along the trend way. the decisive point could be reached. let's see if the expected upward trend is coming.
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DASHUSD (1d) update chart: interesting new direction with potential.
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DASHUSD (8h) update chart: DASH has reached the target!
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DASHUSD (1d) update chart: over 600 - target reached! new chart comming soon.
Hi @btcinvests ...this market looks very high going very fast...just want to check your opinion based on TA, if we are going to see a huge retrace soon? I looked up a bit in cryptos in May and it was ~50B, and after sometime I checked now in couple months, it is 5x more to ~$250. Thanks in Advance.
Well done, once more... what do you consider as stronger resistance? I see the 600 is a black line, but was it "just the target" or meant as resistance?
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@CryptoLino, here the zoom. the pink line. you see it ...