deanbyronbay

DASHUSD - waiting for breakout to new highs?

Long
deanbyronbay Updated   
KRAKEN:DASHUSD   DASH
DASH chart is shows support at 115, 150 and 170.
Triangle pattern is forming = buy at base of triangle near 170 or breakout above 220.
An entry here would use 170 as stop level. Prefer to wait and buy on breakout if it eventuates.
Trade active:
Breakout confirmed today 8/8
That is our buy signal.
Stop level? We can use the previous days low as a tight stop to protect capital.
Expect resistance at 240.
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