DASH - Long-Term View! ✒️

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

DASH has been overall bearish for a while and it is now approaching a strong weekly support and round number 30.0 in green.

DASH is forming a channel in red. For the bulls to take over from a long-term perspective, we need a break above the channel and last major high in gray (50.0)

Meanwhile, until the buy is activated, DOT would be overall bearish and can still trade lower inside the 25.0 - 30.0 support.

In this case, as price approaches the support again, we will be looking for short-term buy setups.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!

This analysis is done using RichTL


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