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SMART_MONEY_MARK
Jan 10, 2021 9:04 AM

DASH ready for correction DOUBLE HIGH D1 reached Short

DASH / U. S. DollarKraken

Description

DASH just reached the level of $150. This resistance should also work like a DOUBLE HIGH formation on the D1 chart. The price drop is coming, but the question is how deep we are going?

The first entry-level for long is $132, but I would rather wait for a bigger price drop and enter a LONG position around $117. Or if we break $150, then buy with a pullback. Volumes are solid.

Entry levels LONG DASH/USD:

$150 - from above
$132
$117
$87
Comments
without_worries
Agreed - price action is outside the Bollinger Band.
realredsteel
Good call! It already dropped several minutes ago, but was that it? Is it going back to upwards now?
SMART_MONEY_MARK
@realredsteel, You never know if it drops, it can stay lower for a long time, but I think it is a matter of time when it goes UP. Just be prepared to BUY more when it drops to a lower level.
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