Confucius-The-Great
Long

DASH/USD soon to break the Rising Wedge

POLONIEX:DASHUSDT   Dash / Tether USD
Hello everybody.

I just wanted to share this pattern quickly with you all.
So the analysis will be short.

- RSI is in the bullish part of the mid zone on the 12 hour pointing up. ( bullish )
- The Stock Indicator is in the "oversold" region - Means we can continue going UP but there is a pullback waiting within 1-2 weeks I would say. ( Neutral )
- My secret indicator is pointing UP and that there is room for growth ( bullish )
- Dash is moving slowly but surely up through the whole pattern - ( Bullish )
- The crypto market is continuing up/consolidating from what I see today.

I would say anything can happen within 1-2 weeks but if we see a pullback DASH should recover and continue it's projected UP or DOWN trend ( the direction DASH breaks the formation ) But DASH is most likely going up together with the other alt-coins and bitcoin . Dash has just been gathering strength to continue its climb UP after the crazy Pump it had 1-2 weeks ago.

Have a great day and remember to trade responsibly.

Confucious

Comments

Confucius-The-Great Confucius-The-Great
@Confucius-The-Great, Here is the full chart =) Target #1 150 usd, target #2 173 usd.

Have a lovely day everybody =)
Reply
If anybody finds something I have overlooked please let me know.
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Dashtothetop Confucius-The-Great
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@Dashtothetop, I can give you some easy targets sure :) 150 USD Would be my first target ( just below the top of the formation - last major resistance )
and the last target 173 usd. The next big resistance for a long time =)
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