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Fxprotrader
Jul 17, 2017 7:25 AM

DASHBTC Massive Rejection at Support  Long

Dash / BitcoinPoloniex

Description

Looking at the 240min of DASHBTC we may see that price has been moving in to an uptrend, with an active slope being present, represented by the median line set. After a massive rejection at the sliding parallel of the set, price is about to break above the smaller downtrend which will signal a potential upmove. Wait for that breakout to occur and watch for a buy setup completion.

Hourly chart:


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