Dash 2 Trade Price Predictions for Today, August 19: D2TUSD Suggests a Good Buy at $0.00256 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Suggests a Good Buy at $0.00256 Resistance Level (August 19)
Dash 2 Trade has shown incredible strength today. The chart setup suggests a good buy at the $0.00256 current supply level, considering a bullish continuation pattern as an optimistic approach for August. The coin is set for significant growth. If the bulls can push further and the coin price sustains above the pattern supply trend line at the $0.00300 level, the coin price may trigger up to the overhead resistance mark at the $0.01000 level, thus a clear buy signal and, a great opportunity for the long investors.
Key Levels:
Resistance levels: $0.00550, $0.00600, $0.00650
Support levels: $0.00300, $0.00200, $0.00100
D2T (USD) Long-term Trend: Bullish (4H Chart)
D2TUSD is at the moment trading in the bullish trend market in the long-term outlook. The price currently trades above the two EMAs. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
During yesterday’s session, the pair reached and held the $0.00254 resistance level, which has made it possible for the D2TUSD pair to remain in an uptrend in its recent high.
Today’s 4-hour bullish candle at $0.00252 which further rises to a $0.00256 supply mark above the EMA-9 confirms the bulls’ dominance in the Dash 2 Trade market.
However, a potential breakout from the current trend line above the $0.00300 all-time high barrier will bolster the D2TUSD long investors to drive the crypto’s price to the upper resistance zone.
Further, the D2TUSD price indicates an upward momentum on the daily signal, this indicates that the pair will continue to increase to the upsides and this may get to the $0.01000 upper resistance trend mark soon in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The coin is also displaying a bullish posture in its medium-term outlook. This is due to the high inflow from the long traders. The increase in the momentum by the bulls at the $0.00253 supply value during the last session has enabled the Dash 2 Trade price to stay strong above the resistance lines in recent times.
The market price of D2TUSD has just broken up the two EMAs at the $0.00256 supply level as the 1-hourly chart opens today, affirming the presence of more buyers in the market and also suggesting a buy trade for the crypto investors.
Hence, an upside breakout above the $0.00261 mark with a 1-hourly candle closing will offer buyers a solid foothold to push the Dash 2 Trade price higher.
Adding to that, the coin is pointing up around the level 83% range of the daily stochastic; implying that the bulls may continue to dictate market direction. In light of this, the post-correction rally could drive the D2TUSD pair to an initial target of $0.01000 upper high level soon. Hence, buyers may take a position as desired.
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