DASHUSD Update:
The price fell in to reversal zone and bounced from these levels which are formed by MA100 and support levels at 599 & 549. Price is making higher lows which is giving us confirmations that the uptrend will continue. RSI & MACD supports this idea of trend reversal. To reach our profit targets and to get confirmations that the uptrend continues, then the price has to break above 758 level. Please note this is longer term trading idea and requires patience. If you end up buying lower than the buy target is, you might end up losing money. These are conditions the price has to meet before reaching new highs or getting confirmations for further upward movement.
Trading information:
Buy: Above 758 level
Partial Profit Target: 800 level
Main Profit target: 856 / 888 levels
Stop-loss: 648 (near support level)
Things to remember:
Any questions about this trade or need help with trading? Please, feel free to leave your questions and feedback in to the comments section.
Yarr!
The price fell in to reversal zone and bounced from these levels which are formed by MA100 and support levels at 599 & 549. Price is making higher lows which is giving us confirmations that the uptrend will continue. RSI & MACD supports this idea of trend reversal. To reach our profit targets and to get confirmations that the uptrend continues, then the price has to break above 758 level. Please note this is longer term trading idea and requires patience. If you end up buying lower than the buy target is, you might end up losing money. These are conditions the price has to meet before reaching new highs or getting confirmations for further upward movement.
Trading information:
Buy: Above 758 level
Partial Profit Target: 800 level
Main Profit target: 856 / 888 levels
Stop-loss: 648 (near support level)
Things to remember:
- To trade safely I recommend using stop-loss function in case something goes wrong.
- It's better to wait than to regret. This is important when you are doing long term investments! Knowledge behind of your trades gives you success, more often!
- Always be aware of things, trends and events what's happening around the current crypto you are trading. They may have big impact on the price movement!
- You are responsible for your trades and it's important to do your own research before investing!
Any questions about this trade or need help with trading? Please, feel free to leave your questions and feedback in to the comments section.
Yarr!
Trade closed: target reached:
Both targets reached. Congratulations to who took this trade! :)
