Technical analysis by SaeedSalehinia about Symbol DASH: Buy recommendation (12/2/2024)

Dash (digital cash) was launched in January 2014 as a fork of Litecoin is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project's white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions. Anyway, DASH chart is straightforward: an upward phase followed by a correction phase which unfolded in a big descending triangle pattern. Recently, DASH started an upward wave when broke the minor downtrend line, and is going up toward the big descending triangle's upper line. If DASH breaks the triangle, reaching ATH is possible, or even higher. Let's see what happens.So, DASH reached the descending triangle's upper line. When DASH break this line, successfully, there is a huge room available for upward movement. One can say, DASH is somewhat like Zcash, but its fire hasn't been lit yet. Let's see what happens.