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A new trading opportunity to buy in DASHUSD
. DASH/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. DASH/DOLLAR is in a downtrend but the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
. We have already ...
DASH/DOLLAR is in a range bound and beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 47.
The price is in a range bound, but we forecast the uptrend would begin.
There is possibility of temporary retracement to suggested support zone (417 to 281), ...
Dash to start a new bullish impulse wave. The previous full wave cycle is very clear on this chart, so it must be time for the next one!
I'm holding off on Dash right now after it's recent surge. Dash has seen 3 great triangle shapes where there has been a surge in price levels followed by a slow decline. On assessment I believe we're now at the top of the biggest triangle (C).
Triangles A, B and C all demonstrate the same characteristics. Two clear higher high spikes, followed by a downtrend, ...