Dash / EthereumShort
DASHETH - continuation of a downward trend
Friends, another interesting idea for intraday trading. We have noticed that liquid crypto currency DASH does not hold its positions at all. If earlier, crypto-investors considered DASH a promising crypto currency, now it is not even in the top ten by market capitalization. Although almost all the crypto-currency market is in the "red zone" today, but DASH is one of the leaders of today's decline. In turn, ETH is not so much lost its position.
Therefore, the idea for this crypto currency pair has matured this:
1. Levels of Fibonacci retracement on the downtrend are pretty good;
2. We expect a correction to the price of 0.049461;
3. We follow the "bearish" trend to the price of 0.047963.
The main thing is not to forget to put stops on correction levels.
Have a good profits!
Therefore, the idea for this crypto currency pair has matured this:
1. Levels of Fibonacci retracement on the downtrend are pretty good;
2. We expect a correction to the price of 0.049461;
3. We follow the "bearish" trend to the price of 0.047963.
The main thing is not to forget to put stops on correction levels.
Have a good profits!
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