The price action is moving withing a pennant and found a support within a pennant.
If take the complete priceline within the pennant in fixed range of volume profile that it can be clearly seen that traders are not interested to trade in this lowest area.
Soon the price action will break out the pennant resistance and hit the sell targets insha Allah.
THe current status of DASHBTC is an uptrend. It looks like an entry is not to far in the future if a bottom entry was missed. It appears to me that a C&H is forming on the 1D chart. Watch for either a handle confirmation, or even a potential breakout... This is crypto after all. Fundamentally DASH is known to be active in parts of the world where economic turmoil...
DASH has been let to the Alt party but making up lost time.
It is now at a Fib resistance that might start a retrace here.
What happens here will provide clues to TA going forward.
Bigger picture showing origination of the Red Fib lines
See my other recent calls such as:
. DASH/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
. There is a possibility of temporary retracement to suggested support zone (0.02030600 to 0.01772000). if so, traders can set orders based on Price...
taking a good look at our old friend dash. Its been a while.
Funny how some of the old trendline and horizontals still match up. Why chart polo? Cause it has a history.
Binance on right tho? Yah, I want to see how the vol and vpro looks.
There are some more bullish charts, bunch of them, bnb, ltc, few more popping but things like fet and celr or whatever they are...
DASH has shown a break of the downtrend, can it HODL? Let's see, it is time for it to start that run we have been waiting for. See you at MOON!
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