Despite the already suspicious and sharp collapse we’ve seen in DASH, there is still absolutely zero evidence of any meaningful bullish reversal or even a proper bounce. The structure remains heavily bearish: lower highs, lower lows, weak volume on any attempts to recover, and price continues rejecting every key resistance level.
🎯My primary downside target: 40.00
❌Invalidation level (plan cancelled if we clearly break and close above): 47.05
As long as price stays below 47.05, the path of least resistance remains down. The recent dumps look far from exhausted, and the overall crypto market isn’t giving any relief to privacy-coin laggards like Dash.
Short-term bearish bias stays intact.
Trade safe!
🎯My primary downside target: 40.00
❌Invalidation level (plan cancelled if we clearly break and close above): 47.05
As long as price stays below 47.05, the path of least resistance remains down. The recent dumps look far from exhausted, and the overall crypto market isn’t giving any relief to privacy-coin laggards like Dash.
Short-term bearish bias stays intact.
Trade safe!
6+ years in trading. I read the charts like stories and share the ones worth telling
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
6+ years in trading. I read the charts like stories and share the ones worth telling
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.