DASHUSDT 1H trend chart - DASH left a long upper shadow line today. Now, it already broke the downtrend line, but there is definitely some resistance around the shadow line. We can try to take entry here or wait for price to stand above 232.6 w/o wicks top, and trading strategy as below. - Profit Targets: a) 247.8----Fib(1) b) 264.8~271.7----Fib(1.272~1.382) c) 286.5----Fib(1.618)
Stop losses: a) 218-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see!
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Nota
- Due to the transformation from resistance to support(blue ray), we can set new SL at $231.2(red horizontal ray)
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