RSI is coming off hard from this oversold territory, MACD is crossing up. And if you zoom in we are forming a choppy inverse head and shoulders on the daily. If we break this $60 area we should get a pretty big move It's enough for me to want to roll the dice on this one.
Happy Trading,
-Sherem
Happy Trading,
-Sherem
Comment:
Wow! Dash with a spike up to $65 already!
Comment:
From spike to now we are printing $66. Nice.
Comment:
$72
Comment:
FYI, we are targeting $145 area. Already in the mid 80's. Don't be surprised if we get a pull back, but we are aiming for that $145 area.
Trade closed: target reached:
Hot damn! went all the way and touched $140. That's good enough for me to book a profit. A quick double up. Will shoot for a re-entry.
Comment:
Other reasons for closing besides doubling up, way over extended RSI on the daily and even the weekly. Hit that 61.8 fib and resistance line.
Trade closed: target reached:
New Dash buy in target. $81.15. Limit order set.
Comment:
Dash hasn't retraced, the question is, is it about to bust this $116 level and move up? cause it's not coming down and if it follows ETC, we are moving up next. Hm....
Trade active:
Yeah, I am going to enter here. Rolling the dice has worked so far, gonna roll them again. entered at 116.32
Comment:
Beautiful, up we go.
Trade closed manually:
If you haven't already book that double up. This support is in the process of breaking down.