Full disclosure: I don't trade DASH. I was considering buying into it tonight, but after looking at the chart I think I'm going to wait.
DASH has been on a downward trend for a while now. If we don't break out above the current triangle in the next week then we risk re-testing $242. Good news is that resistance level seems pretty strong so I have a hard time seeing it going way under.
I'd want to see a sustained break out above $300 before I started seriously considering investing in DASH.
DASH has been on a downward trend for a while now. If we don't break out above the current triangle in the next week then we risk re-testing $242. Good news is that resistance level seems pretty strong so I have a hard time seeing it going way under.
I'd want to see a sustained break out above $300 before I started seriously considering investing in DASH.