#DASH
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.
We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.
There is a key support zone in green at the 48 price level. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.
Entry price: 49.50
First target: 51.60
Second target: 54
Third target: 56.81
Don't forget a simple principle: money management.
Place your stop-loss below the support zone in green.
For any questions, please leave a comment.
Thank you.
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.
We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.
There is a key support zone in green at the 48 price level. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.
Entry price: 49.50
First target: 51.60
Second target: 54
Third target: 56.81
Don't forget a simple principle: money management.
Place your stop-loss below the support zone in green.
For any questions, please leave a comment.
Thank you.
Dagangan aktif
#DASHFirst target: 51.60 Reached
Dagangan ditutup: sasaran tercapai
#DASHFirst target: 51.60 Reached
Second target: 54 Reached
Third target: 56.81 Reached
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👉 t.me/CryptoSignalsSpotFree
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.