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Altsignals
Feb 8, 2022 2:12 PM

DASH - Get Ready For Bulls! 

Dash / TetherUSBinance

Description

DASH has recently created a nice reversal wedge and we could be at the start of the bull run. Usually when price breaks out of a wedge, it has a brief retracement before continuing with the breakout.

What we are looking for now is a correction on lower timeframe. There's a chance we can make our way back down to the impulse generation point at $40 but we are currently looking for bullish corrective price action around 80-100.

Bullish price action can be bull flags, structure retests and/or fibonacci retracements.

Let us know what you think below.

Goodluck!
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