Testing heavy resiatnce. Extremely over extended here but some supports market below mid these levels can hold if it pulls back here I think we can find an excellent entry position. Other wise 250.50 area is an area that needs to break and start closing candles above and consolidate here turning into support and can be geared for a big run
Letting the chart speak for itself here. A 4hr close above resistance level could suffice as confirmation but a daily close is always better. Not trading advice. DYOR.
If DASH breaks to the upside of the Symmetrical Triangle, we may expect the price to reach the target of 340.
Remember: when trading the breakout, wait for a breakout confirmation.
Green= Support
Red= Resistance
Disclaimer: this is not trading advice, trade at your own risk.
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1st scenario: If it can break the resistance line It has the potential to increase up to around 240.
2nd scenario: In case it cannot break the line it may go lower than the current support line (strong support). In my opinion, this is less likely to happen since BTC is currently is in a steady-state (will not reduce more and may increase beyond 70k).
This is...
The analysis I make is just an idea not an investment advice. Please manage your risk while trading and please make your investment decisions only by yourself.
Long and short DASH/USDT
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
Points to consider
_ waiting for opportunity to buy if the price break the trend line then pullback to ichimoku cloud after the bullish candle get buy position
_ there is a divergence on daily time frame
