DASH Technical Analysis for Steem Community- DASHUSD - 29%-328% Profit Expected
Good Buying Opportunity For DASH ... 3x - 4x Gains Expected.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 62 - 180
(29%-328% Profit Expected)
TP - 1 - 62
TP - 2 - 83
TP - 3 - 105
TP - 4 - 132
TP - 5 - 155
TP - 6 - 180
Buying Zone! Long Position
Early Entry Trigger Point - 48 - 51
Ideal Entry Trigger Point - 39 - 42
For Bigger Time-Frame
***If you want to get in this trade from this point 71 you can still make 17% profit till TP2 is reached. There is a very high probability that price may continue to move upwards before it moves downwards towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Short-term Trade- 1hr- chart
I see a possible move going upwards and may hit 84 or it can even touch 93 mark that's why I have mentioned the points in a chart for a short-term long position too. As it's a short term trade, it is highly recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to upvote, comment & follow , If you agree with my analysis :)