Ronnaritta

DASH(ing) to $500? LONG

Long
Ronnaritta Updated   
BITTREX:DASHUSD   Dash
DASH Buy: Target pice 470-500
Stop lost: 280
Resistance, 373, 413
For fast trader you can lock out your position if the price falls below the recent uptrend line.


I go for LONG in dash with $500 target. We are talking about longer trades here,an investment even, maybe towards the new year. The MACD rises above and the price stands on longer term EMA.

Base on smaller time frame chart in 4H the coin can retrace to 280 areas again to test the break out and that too should be our stop if it doesnt hold.

We see similar break out triangle pattern in some of the coins in the ALT coin market. This is one of the pattern that I look for.

The coin had break out of the downtrend line in daily chart. The previous high can be trace back to the 400 areas.

Note: There are miners out their servicing the crypto world, asics and gpus. This is one coin that can be mine with the X11 algorithm asic miners. I understand that the ROI of the new miners have been extended with massive increase in difficulties. So I hope this post can benefit both miners and traders.

Best of luck, please feel free to comment, I am open to constructive discussion :)

Trade closed: target reached
Comment:
will update with new target, its way faster than expected, but thats the digital age
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