Luettis

DASH outbreak to the bottom

Short
BITTREX:DASHUSD   Dash
DASH has been in a symmetrical triangle and also in an ascending triangle for a long time.
But today, on sunday, it has crossed the lower limits of both!
Next fib retracement in sight is the 38,2 % line - but it is also possible that DASH continues to fall beneath this support.
Next support will be at 23.6% (756$).

There is a secondary trend channel - which has its beginning in november 2017. As long as DASH stays within the general trend remains bullish. Even if DASH would have a sideways trend for several days or weeks this wouldn`t break the trend.


other indicators:
all negative and low momentum

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