Hello my friends,
From technical perspective ONLY and nothing more...
Symmentrical Triangle :
We had a BREAK....
We are in process of RETEST...
I am longing Dash from here....
First Resistance for Short term (245 - 250)
Second resistance till End of The Year. (340 - 355)
In my opinion DASH is one of the most undervalue...
DASH has had a pull back and RSI cool down. The price has just ranged down towards the lower range of a rising wedge. The chart looks to be setting up for a reversal with good Risk to reward. As long as BTC doesn’t keep bleeding we should see a nice bullish divergence.
As we can see price was successfully breakout and retested $522 area and currently forming a Bullish Engulfing pattern.
- Wait for the Candle closure forming Bullish engulfing pattern.
- Put your Stop Loss below the Green Resistance turned Support area.
- Take Profit: 516.80 usd or Trail it with a Trailing SL.
If you find this helpful and want more...
- Still a strong global uptrend
- 2 month accumulation
- Atr at 55%
- A breakout at local key level 326 would be an interesting watch
- A retest of this zone would be a good place to buy with good 4% sl
Hello dear followers
My scenario for entering this deal is as follows
1. If the resistance breaks $ 330, after the back money on the resistance, I will trade for the target of $ 490
2. If I do not break the $ 330 price, I will enter the $ 250 price, and my first goal is $ 330 and my second goal is $ 490.
3. If the $ 250 support fails, I will be completely out of...