Hello everyone, if you like the idea, do not forget to support with a like and follow.
DASH is approaching a strong support in green so we will be looking for buy setups.
on DAILY: DASH is forming a channel in brown but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Long-term:
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Short-term:
For the bulls to take over from a short-term perspective, we need a break above the last high. (green zone)
Meanwhile, until the buy is activated, DASH would be overall bearish can still trade lower till the lower till inside the green support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DASH is approaching a strong support in green so we will be looking for buy setups.
on DAILY: DASH is forming a channel in brown but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Long-term:
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Short-term:
For the bulls to take over from a short-term perspective, we need a break above the last high. (green zone)
Meanwhile, until the buy is activated, DASH would be overall bearish can still trade lower till the lower till inside the green support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Join RichTL - Rule-Based Technical Analysis
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RichTL.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Join RichTL - Rule-Based Technical Analysis
RichTL.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
RichTL.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.