DASHUSDT 4H Long setup
TA explained
DASH broke out of the pennant a couple of days ago and retested is successfully as can be seen on the daily chart .
Currently cooling down after a first impulse on the 4H timeframe. Creating a bull flag on the 1H timeframe heating up for another push to test a historical high.
Stop loss just below the 0.618 fib of the last impulse. Trade with up to 7x for a potential loss of around 28% and a potential maximum profit of around 70%
Trade setup
Best entries: 80.20 - 81.50
TP1: 84.38
TP2: 86.75
TP3: 89.89
SL: 77.79
RR: 2.56
Max leverage: 7x
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Do Your Own Research (of course)
Not trading advice (of course)
Only trade what you can afford to lose (of course)
DASH broke out of the pennant a couple of days ago and retested is successfully as can be seen on the daily chart .
Currently cooling down after a first impulse on the 4H timeframe. Creating a bull flag on the 1H timeframe heating up for another push to test a historical high.
Stop loss just below the 0.618 fib of the last impulse. Trade with up to 7x for a potential loss of around 28% and a potential maximum profit of around 70%
Trade setup
Best entries: 80.20 - 81.50
TP1: 84.38
TP2: 86.75
TP3: 89.89
SL: 77.79
RR: 2.56
Max leverage: 7x
--------
Do Your Own Research (of course)
Not trading advice (of course)
Only trade what you can afford to lose (of course)