MyCryptoParadise_Simon

DASH/USDT Breaking Descending Channel? DASH Analysis

Long
BINANCE:DASHUSDT   Dash / TetherUS
💎Paradisers, get ready for a potential trading prospect with DASHUSDT. It's currently exhibiting interesting activity within a descending channel, indicating a possible shift towards an upward trend.

💎DASH has been diligently tracing a descending channel pattern. Should it break above this channel, we anticipate it to target liquidity up to a resistance level, followed by a swift retraction, staying true to its channel pattern.

💎There's a strong likelihood of a bullish movement starting from the support mark around $33.5. Once DASH successfully exits the descending channel in an upward direction, it's expected to aim for resistance levels near $43.17.

💎 Timing is of the essence for astute Paradisers. Identifying the best entry points during this ascent is key, and it's wise to steer clear of entering at the height of the rise.

💎Be cautious, as there's also a chance of DASH descending below the $24.36 support level. A fall beneath this critical point may raise questions about the sustainability of the upward trend.

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