Looking at DDASH/BTC daily we can see it’s been in a sideways channel for a while and respected the support and resistance levels however on its most recent downwards movement we can see there’s a chance for it to reverse and test the top of the channel earlier then expected.
Bullish divergence on the MACD and room for growth on the Stoch RSI.
I will be entering this trade at support at the bottom of the channel or once the downtrend line is broken depending on where it goes.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.