DASH has recently created a nice reversal wedge and we could be at the start of the bull run. Usually when price breaks out of a wedge, it has a brief retracement before continuing with the breakout.
What we are looking for now is a correction on lower timeframe. There's a chance we can make our way back down to the impulse generation point at $40 but we are currently looking for bullish corrective price action around 80-100.
Bullish price action can be bull flags, structure retests and/or fibonacci retracements.
Let us know what you think below.
Goodluck!
What we are looking for now is a correction on lower timeframe. There's a chance we can make our way back down to the impulse generation point at $40 but we are currently looking for bullish corrective price action around 80-100.
Bullish price action can be bull flags, structure retests and/or fibonacci retracements.
Let us know what you think below.
Goodluck!
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💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
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📈 Signals/Algos altsignals.io/join 📈
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
