InvestingScope
Short

Triangle break-out. Channel Down emerging. Short.

POLONIEX:DASHUSD   Dash / US Dollar (calculated by TradingView)
DASHUSD is now on a declining trend after the 1D Triangle broke to the downside ( RSI = 41.537, Highs/Lows = -10.4417, B/BP = -17.2901) and a Channel Down is emerging. This should be pressured even lower by the commanding 1W Channel Down ( MACD = -78.100, B/BP = -57.9640). We are still anticipating a 166.68 support test and remain bearish with TP = 126.5509 (1D bottom) and 100.21 in extension.
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