DASH shows to be in a longer term uptrend, as well as a weekly one. The current target in the weekly sits above 268usd give or take. This trend's duration, appears to roughly match the end of the long term signal, which could indicate a correction or consolidation might start in this cryptocurrency's price chart. I'm holding longs, after buying 2 weeks ago, aiming to ride the rally over $200 before closing.
If you're long, hold, but be wary of the time and price targets, for they could become a short term or intermediate term top. Best of luck,
Ivan Labrie.
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The retest of support put a pause in the uptrend, but we might resume it soon.
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9 weeks at this zone. DASH looks be under accumulation here, I am holding longs, wouldn't mind buying setbacks, and selling rallies for now.
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See updated idea, new trend signal extends upside significantly...
wow dash ath , and just going up, great advise to hodl ivan
IvanLabrie
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@Asam, it has -although dubious- tremendous 'ponzi' power with the way the master nodes work. The trend shows this strength, I'm not in but any chance to buy with good risk/reward should be seized.
aandp4life
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ok... thanks
its a paid service...
thanks and good trading!
what plugins do you use for the red and green highlight for trading view?!
thanks for the update!
IvanLabrie
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@aandp4life, what do you mean? You can see the indicator names on the chart. Some are part of a paid indicator suite, called 'Key Hidden Levels', an integral part of my trading methodology, which I learned from @timwest here.
timwest
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@aandp4life, The red and green highlights are called "Multi-Time-Period-Charts" which I created and had programmed for all of us here at TradingView. You can find it by typing "MTPC" into the "indicators" window search function. You can do daily, weekly, monthly, quarterly ranges in any color you want, or any shade with outline. Red boxes mean that the close is lower than the open. Green means the close is higher than the open of the range.