TradingShot

DASHUSD entering the final phase to $1000

Long
BINANCE:DASHUSD   Dash
DASH has stayed in relatively low levels lately, being however within the buy zone of its 2020 Fibonacci Channel. On the 1D time-frame, the price is close to forming a Golden Cross (when the 1D MA50 (blue) crosses above the 1D MA200 (orange)). Last time we saw this formation was in November 29 2020. That was then the crypto broke above its the High and formed a Higher High, essenstially entering the final phase of its growth within the Channel that gave way to the Parabolic Rally of February.

As the RSI sequences are also identical, I am expecting a rise to at least $1000 next (3.0 Fibonacci extension).


--------------------------------------------------------------------------------------------------------

Please like, subscribe and share your ideas and charts with the community!

--------------------------------------------------------------------------------------------------------

👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)

💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot

🔥New service: next X100 crypto GEMS!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.