Alek4

DASH Cup and Handle with Eliot Analaysis

Long
KRAKEN:DASHUSD   DASH / U. S. Dollar
According to the chart via the strong pivot resistance line which has crossed with blue color, already, has illustrated cup and handle at this time (daily & 4H time frame).
As the result chart has bullish pattern with cup and handle , plus, our cup and handle target is about approximately between 268$ and 274$ , in addition, could be created Eliot pattern with Fibonacci overlap lines on 50% 78% 161.8%.

however, RSI in daily time frame shows us the price might drop, although, RSI in 4H time frame already looks bullish .

To sum up, Dash might pump up caused its chart patterns, moreover, BTC price might affect on the DASH`s price. For taking position, it`s necessary to watch BTC .D, USDT chart and also USDT.D chart to take a better position on the coin.