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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🥃 Crypto Signals Since 2017 🥃
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
💎Telegram t.me/AltSignals 💎
📈 Signals/Algos altsignals.io/join 📈
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.