This is critical support for DASH - I believe this is how the next few days/weeks will play out of this support holds and we can break break out of this wedge.
This is obviously contingent on BTC holding up in the 8k levels. but i think the probability is in the bulls favor now that both the daily and 4H time frame RSI is in oversold territory.
I am placing my SL at $445 - if this trend line does not hold...it could get really ugly. but this would be a great low-risk entry point for bulls who are anticipating new all time highs. only time will tell. best of luck.
will update soon.
This is obviously contingent on BTC holding up in the 8k levels. but i think the probability is in the bulls favor now that both the daily and 4H time frame RSI is in oversold territory.
I am placing my SL at $445 - if this trend line does not hold...it could get really ugly. but this would be a great low-risk entry point for bulls who are anticipating new all time highs. only time will tell. best of luck.
will update soon.
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