Short term (bearish)
Long/middle term (bullish)
- market looks overbought (Stoch&accum/dist) after strong uptrend, median 1 of the pitchfork will eventually hold - trend reversal
- median 0,25 served as strong resistance, will also probably give strong support
- blue line indicates new trend reversal at 562. Dollar. Seems to be a good level to buy DASH
- In case my analysis is false and trend continues median1 could be a good entry point.
Long/middle term (bullish)
- pitchfork indicates longterm uptrend
- EMA 10&20 confirm longterm uptrend, m 0,25 gives resistance to EMA10
- median 0,25 maybe new support for the trend
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Disclaimer
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.