WorthTheRisk

$DASH BTC Bullish divergence

Long
WorthTheRisk Updated   
BITTREX:DASHBTC   Dash / Bitcoin
Looking at $DASH/BTC daily we can see it’s been in a sideways channel for a while and respected the support and resistance levels however on its most recent downwards movement we can see there’s a chance for it to reverse and test the top of the channel earlier then expected.

Bullish divergence on the MACD and room for growth on the Stoch RSI.

I will be entering this trade at support at the bottom of the channel or once the downtrend line is broken depending on where it goes.

Target:
0.079 BTC

Stop loss:
0.003
Trade active:
Respected the support line trade active.
Comment:

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