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DLavrov
Feb 6, 2018 7:54 PM

Dash Bullish Divergence Long

Dash / Tether USDPoloniex

Description

The trading idea is based on a bullish divergence which gives a trend reversal signal. RSI confirms price reversal from 400.00 level. MACD supports the possible upward movement. ADX line of DMI indicators falls and it tells us that bears are not so strong. We have a new buy opportunity. Entry level is 503.00 with stop orders at 370.00 level. Profit targets are 800.00 and 1000.00 resistance levels. The part of trade volume should be left for long run.
Comments
elblinko
go dash!
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