Short term analysis on DASH (short + long options)
- Rising wedge
- Declining RSI
- Once it breaks support we will go down for a while
- On every support (orange lines) we will probably make a little bump, so use that to make some little profit
- If we break the major resistance (red line), Dash is going down to the fib 1.272 (blue box)
- From the fib level 1.272 it's time to go long on Dash...
Let's watch those support levels and make your moves accordingly!
PS: first post here on TV so if you have any better/different ideas, please let me know!
- Declining RSI
- Once it breaks support we will go down for a while
- On every support (orange lines) we will probably make a little bump, so use that to make some little profit
- If we break the major resistance (red line), Dash is going down to the fib 1.272 (blue box)
- From the fib level 1.272 it's time to go long on Dash...
Let's watch those support levels and make your moves accordingly!
PS: first post here on TV so if you have any better/different ideas, please let me know!
Comment:
Watch the price action for a good breakout!
