Hello my Crypto friends!
Previous NEO & XRP analysis works perfect! Take a look, and hit the like/follow button!
Today we are taking a look at DASH - 4h timeframe view. As you can see DASH is correcting previous strong impulse up. Bigger pictures show us that this correction is above the bigger down trend, so this pair become interesting for us.
So the question is how we can trade this pair?
As of now, we can see DASH is in the corrective structure which is about to end. We can see strong divergence, what it could be sign for a reverse. We have to wait for correction of lower degree to confirm move up (orange arrow). First, I will allow DASH to finish this correction, break and make lower degree correction to confirm move up (orange arrow). My first target will be -27% fib line, but i will move my stop at BE when we break previous high to secure my position!
Please don't jump in buy to early, patience is the key!
REMEMBER: We are only interested in the buy! This is scenario what I really want to see before taking any buy.
If you want i will do update on this pair!
Don't forget to hit the like/follow button and write comment!
So keep an eye on it, be patient & trade with care!
Previous NEO & XRP analysis works perfect! Take a look, and hit the like/follow button!
Today we are taking a look at DASH - 4h timeframe view. As you can see DASH is correcting previous strong impulse up. Bigger pictures show us that this correction is above the bigger down trend, so this pair become interesting for us.
So the question is how we can trade this pair?
As of now, we can see DASH is in the corrective structure which is about to end. We can see strong divergence, what it could be sign for a reverse. We have to wait for correction of lower degree to confirm move up (orange arrow). First, I will allow DASH to finish this correction, break and make lower degree correction to confirm move up (orange arrow). My first target will be -27% fib line, but i will move my stop at BE when we break previous high to secure my position!
Please don't jump in buy to early, patience is the key!
REMEMBER: We are only interested in the buy! This is scenario what I really want to see before taking any buy.
If you want i will do update on this pair!
Don't forget to hit the like/follow button and write comment!
So keep an eye on it, be patient & trade with care!
