Anoinvest

DASH looks strong to me (Bullish/long)

Long
Anoinvest Updated   
COINBASE:DASHBTC   Dash / Bitcoin
Hello everyone,

This is just quick chart for DASH as DASH looks very strong to me and it might perfor similar to XLM in upcoming days/weeks

From a technical perspective DASH also looks healthy on the Weekly chart. Indicators are very bullish and bullish cross might happend soon.
So Dash have a very good mid-long term potencial.

On the Daily chart it also broke the downtrend line and looks like it retested it succesfully once it cleans the resistance zone it can spike up really fast

If you dont know how XLM played out then see the chart below.
It created new lows ( bear trap ) then broke the MA, retested it and pumped hard right after


ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.

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Comment:
You can also track possible C&H pattern on hourly chart here
Comment:
Quick update after a Weekly closing. MACD is about to have a positive bull cross this week if we close aboove 0.0062 satoshi and it is also breaking the current major resistance
Trade active:
0.0051
Comment:
bounce with solid volume

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