Technical analysis: . DASH/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 56. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.02900000 to 0.02554900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02900000) Ending of entry zone (0.02554900)
Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.03231000 TP2= @ 0.03683900 TP3= @ 0.03998000 TP4= @ 0.04289000 TP5= @ 0.04590800 TP6= @ 0.05106000 TP7= @ 0.05947300 TP8= @ 0.06485800 TP9= @ 0.07678600 TP10= @ 0.09200000 TP11= Free
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.