Currency Pair: DASH.USD Time Frame: 4hr Predicted Direction: N/A
Live DASH.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity. Should my daily predicted direction be incorrect no trade opportunity will be generated.
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Price looking to break ascending trendline support, keep a close eye for a close.
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Should price break and close below $695 expect a longer term retest of $615
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I now expect a pullback towards $700 prior to a continued push towards $615
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A textbook $700 pullback, all downside from here.
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Expecting $500 to be tested today.
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I have received many PM's in regards to updating this setup. Currently for me price is providing no support, once we see some shake up over this week i will do my best to update the setup once more.
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