#DASH
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards breaking it. A retest of this boundary is expected.
The Relative Strength Index (RSI) is showing a downward trend, moving in a downtrend and likely to continue due to overbought conditions.
There is a key resistance zone in green at 38.70. The price has bounced off this zone several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 34.60
First Target: 33.86
Second Target: 33.10
Third Target: 31.95
Stop Loss: At the resistance zone in green.
Remember this simple thing: Money Management.
For any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards breaking it. A retest of this boundary is expected.
The Relative Strength Index (RSI) is showing a downward trend, moving in a downtrend and likely to continue due to overbought conditions.
There is a key resistance zone in green at 38.70. The price has bounced off this zone several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 34.60
First Target: 33.86
Second Target: 33.10
Third Target: 31.95
Stop Loss: At the resistance zone in green.
Remember this simple thing: Money Management.
For any questions, please leave a comment.
Thank you.
Trade attivo
#DASH
First Target: 33.86 Reached
Second Target: 33.10 Reached
Trade chiuso: obiettivo raggiunto
#DASH
First Target: 33.86 Reached
Second Target: 33.10 Reached
Third Target: 31.95 Reached
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📍Trade Smart & Stay Protected⭐️
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+WN4RexVn8DM2MTlk
📌 We're open to Promotions, Ads & Partnerships
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+WN4RexVn8DM2MTlk
📌 We're open to Promotions, Ads & Partnerships
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.