I mentioned a little over a week ago how DASH looked to be heading upward, but now it looks to have reached the top of a wedge that has been forming since the last breakout.
MACD however looks to be treading well since the last dip. If the upward trend continues, DASHBTC has the potential to breakout to the larger, long-term wedge forming since early 2020 (blue lines). If that were to break upward, that could potentially be a very good sign for Dash.
However, there is also a bit of potential for a push back from either wedge. Either way, it looks to be something interesting to keep an eye on over the next few days.
MACD however looks to be treading well since the last dip. If the upward trend continues, DASHBTC has the potential to breakout to the larger, long-term wedge forming since early 2020 (blue lines). If that were to break upward, that could potentially be a very good sign for Dash.
However, there is also a bit of potential for a push back from either wedge. Either way, it looks to be something interesting to keep an eye on over the next few days.
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