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DrDovetail
Jan 20, 2023 8:05 AM

DASHUSD golden cross; testing inv h&s neckline  

DASH / U. S. DollarKraken

Description

If it can sustain the golden cross then it should validate this inv h&s breakout and head to the $70 target. We can see it has already broke above the neckline once need to see it back above again and maybe close a weekly candle or 2 above it. On its way to the 70 dollar target it would create bigger inv h&s patterns/necklines along the way that would also most likely confirm a breakout from and lead to even bigger targets but we must take this one step at a time first….as of now we haven’t even confirmed this first one will breakout just yet. *not financial advice*

Comment

Dash continuing its way to the breakout target. It appears the breakout has been confirmed.

Comment

Click play and you can see how the measured move line (dotted line) is acting as support.

Comment

Target hit!
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