Based on the 1H chart we can see a short consolidation. DMI confirms range market conditions. We should expect for a strong price movement after a period of low volatility. As the price is above the kumo, we have to buy only. Pending orders can be placed above 300.50 level. If the price breaks this level, we'll get an additional confirmation that the market is going to move upward. Stop orders must be placed below 285.00 level. Profit target should be 318.00 level.
Hi DLavrov, thanks for all your help!
I'm still holding Dash, and I see it still has strenght to continue up, but not a lot more... Maybe USD420 its a good number?
Christoffer81
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Thanks for great insight! Took some excellent profit on this one.
RJMGCRYPT01
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Great Call @DLavrov What will be a good re-entry price level?
jorge964
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But the risk ratio of that trade is not very good isn't it? +17.5 vs -15.5
Wouldn't it be better to wait and see if it breaks the resistance at 318 which will be a confirmation of a new up trend and then ride it?
shawalalikhan
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How can i receive your posts as email?
iceman_007
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@shawalalikhan, You just follow him (click on his name, and follow)
replysadiq
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Thank u very much !!!
Ur recommendations are very useful
guppy_
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Good call, but dumped down before it reached the target. Market is getting especially volatile lately w/ all the pump and dumps.
I'm still holding Dash, and I see it still has strenght to continue up, but not a lot more... Maybe USD420 its a good number?