Dash / TetherUS
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#DASH/USDT – Bullish Breakout Setup | 1H Chart Analys

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#DASH

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

There is a key support zone in green at 32.50, and the price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 0.43
Target 1: 34.21
Target 2: 35.12
Target 3: 36.46

Stop Loss: At the resistance zone in green

Remember this simple rule: Money Management.

Any questions, please leave a comment.

Thank you.
Сделка активна
Target 1: 34.21
Target 2: 35.12
Сделка закрыта: достигнута тейк-профит цена
#DASH
Target 1: 34.21 Reached
Target 2: 35.12 Reached
Target 3: 36.46 Reached

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