kerstjens

DASH pushing for 650EUR

KRAKEN:DASHEUR   DASH / Euro
Based on the two previous all time highs (September; June), DASH is expected to go all the way and a bit above the Fib 2.00 level. This is also shown buy red line.

After DASH had a short retracement until the Fib 0.5 level, it now surpassed the 0.618 and seems to go strongly.The brokage of a possible dubble top is a good point to buy in and to ride the third Elliot wave.


Expected resistance at 522EUR (Fib 1.00). Afterwards around 652 (Fib 1.618) which could possibly be end of wave 3 and can lead to pullback and another buy in point.

The MACD indicates a strong upwards trend with quite some volume. The RSI indicates an oversold position which could result in a small selloff possible at the 522EUR level.
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