RSI is coming off hard from this oversold territory, MACD is crossing up. And if you zoom in we are forming a choppy inverse head and shoulders on the daily. If we break this $60 area we should get a pretty big move It's enough for me to want to roll the dice on this one.
R/R ratio: 1:1.5 to 1:2,5
Target 118 - 110
3D chart (too short a history for weekly chart yet)
Dash continued the uptrend after the huge spike half of january this year. It then pulled back and after some consolidation the rest of january, it picked up again and rose to 130-133 levels.
We see the previous 3 day candle closing with an...
I just wanted to share this pattern quickly with you all.
So the analysis will be short.
- RSI is in the bullish part of the mid zone on the 12 hour pointing up. ( bullish )
- The Stock Indicator is in the "oversold" region - Means we can continue going UP but there is a pullback waiting within 1-2 weeks I would say. ( Neutral )
- My secret...
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is...
Dash is forming a symmetrical triangle pattern, with high volume, binance futures, inflation cut in April - Dash could target 400$ within 8 weeks or sooner. Dash is attempting to break 200MA on the 3D chart @ 117 and weekly 200MA @ 182.
IMO Dash this year will go for ATH, we could expect 600$ between April-June this year. The chart on all times frames is a buy with decent volume. The inflation rate being cut is also a bonus, it has low circulating supply and a healthy amount of active addresses.