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WiseAnalyze
Jan 5, 2020 10:34 AM

Bullish volume in DASH Short

Dash / BitcoinBinance

Description

God knows what are the reasons, probably many factors together (testnet, burger king, dash moll and etc), but DASH is growing with huge volume support. On that bullish impulse might get to 6930-6950. But already overbought, so that is definitely not the best place to enter long. Rather look for possibility to short it and close that short around 6300 and 6000

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DASH heading

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DASH got above 6930 resistance and heading towards strongest resistance at ~7285. Totally overbought, so have a trailing stop if you are still in.

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Damn, how uncomfortable is TradingView, when I need to update something =(

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Not very clear what exactly gonna happen to DASH now. Both scenarios are equally possible.

Trade closed: target reached

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