ForecastCity

💡Don't miss the great buy opportunity in DASHUSD @Dashpay

Long
KRAKEN:DASHUSD   DASH / U. S. Dollar
Midterm forecast:

While the price is above the support 101.85, beginning of uptrend is expected.
We make sure when the resistance at 250.00 breaks.
If the support at 101.85 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

A trough is formed in daily chart at 109.35 on 07/19/2021, so more gains to resistance(s) 165.20, 178.70, 216. 05 and maximum to Major Resistance (250.00) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 56.

Take Profits:

TP1= @178.70
TP2= @216. 05
TP3= @250.00
TP4= @293. 40
TP5= @336.00
TP6= @399.65
TP7= @475.85
TP8= @542.90


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Comments

Looks good to me. And the chart is nicely done.
+1 Reply
ForecastCity AR_kooshani
@AR_kooshani, We're glad you like it. 😊💚
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Nice view! 👍
+1 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, Thank you for your comment.
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