• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Dash 2 Trade (D2T/USD) Slips to $0.0024, Setting the Stage for a Launch Breakthrough

Johnathon Fox
08/29/2024 | UPDATED ON: 08/29/2024

The Dash 2 Trade market has entered another phase of consolidation. However, this time, the consolidation level has shifted from $0.002566 to a new threshold of $0.0024. This pattern indicates a bullish sentiment around the current level, suggesting a strong likelihood of a market rebound from this point, potentially breaking the resistance at $0.002566. For a deeper understanding of the market dynamics, we will now analyze key indicators.

Key Levels to Watch:

  • Resistance: $0.015, $0.016, and $0.017
  • Support: $0.0020, $0.0018, and $0.0017

Dash 2 Trade (D2T/USD) Slips to $0.0024, Setting the Stage for a Launch Breakthrough

Dash 2 Trade (D2T/USD) Price Analysis: The Indicators’ Point of View

Recently, the market experienced a flash of volatility, leading to the divergence of the Bollinger Bands. Specifically, the lower standard deviation diverged due to a sharp price oscillation that occurred during the fourth 4-hour session on August 26. Following this event, the market has become stuck at the $0.0024 price threshold, with the price fluctuating within this range and candlesticks appearing flat. The Relative Strength Index (RSI) line is hovering near the oversold region, indicating a potential market bounce. This proximity to the oversold threshold suggests that a correction may be imminent, which could encourage traders to enter at this lower price level to maximize profit opportunities.

Dash 2 Trade (D2T/USD) Slips to $0.0024, Setting the Stage for a Launch Breakthrough

D2T/USD Short-Term Outlook: 1-Hour Chart

The 1-hour chart indicates that the market is poised for a potential breakout. The converging Bollinger Bands create a tense atmosphere, as buyers and sellers are evenly matched around the $0.0024 level. Currently, the Bollinger Bands have narrowed into a tight price channel, with the price action continuing its sideways movement. Given this dynamic, a breakout may be imminent.

Buy Dash 2 Trade!

🚀Smart Money Insights📊

Smart Money is individuals & entities who are seen as experienced & informed, often signaling future trends.

These are the top 5 Smart Money buys past 24-hours:$ETH$MATIC$RPL$SAFE$NEIRO

Check out our Discord for deep dives on Smart Money activity pic.twitter.com/kKbIjGa7G2

— Dash 2 Trade (@dash2_trade) August 28, 2024

Dash 2 Trade (D2T) is worth exploring. Buy D2T now!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Tamadoge (TAMA/USD) Market Reverses, Garnering Skyrockets
Next Post: Lucky Block Price Prediction: LBLOCKUSD Remains Positive at $0.0000191 Price Level »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US