DASH has seen a major move since late July, seeing an almost 150% move at some point a few days ago. Since hitting the high, DASH has retraced around 18% since then.
The current bearish move is closing in on the bottom trend line, which might cause a reversal in the coming 24 hours. Be aware that the trend line can be drawn in several ways, consider it more of an area of support.
Main target for the reversal is $280, potentially $300 if momentum is strong.
Happy trading!
The current bearish move is closing in on the bottom trend line, which might cause a reversal in the coming 24 hours. Be aware that the trend line can be drawn in several ways, consider it more of an area of support.
Main target for the reversal is $280, potentially $300 if momentum is strong.
Happy trading!
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