InvestingScope

DASHUSD: Two Targets hit. Preparing for the bottom.

Short
TP = 126.55095 & 100.21 in extension have been hit as the 1W Channel Down (RSI = 32.823, MACD = -79.360, Highs/Lows = -47.2926, B/BP = -89.0185) eventually broke Augusts 127.00 bottom and is now making an attempt for 69.914 (the monthly SMA100 is 70.58). We believe that the demand zone is located between 20.000 - 70.000. We are near the end of our multi-month shorting strategy that we started in January and we will look in the next 1 - 2 months for buy entries in order to start accumulating DASH.



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