DASH Cup and Handle with Eliot Analaysis
According to the chart via the strong pivot resistance line which has crossed with blue color, already, has illustrated cup and handle at this time (daily & 4H time frame).
As the result chart has bullish pattern with cup and handle, plus, our cup and handle target is about approximately between 268$ and 274$ , in addition, could be created Eliot pattern with Fibonacci overlap lines on 50% 78% 161.8%.
however, RSI in daily time frame shows us the price might drop, although, RSI in 4H time frame already looks bullish.
To sum up, Dash might pump up caused its chart patterns, moreover, BTC price might affect on the DASH`s price. For taking position, it`s necessary to watch BTC.D, USDT chart and also USDT.D chart to take a better position on the coin.
As the result chart has bullish pattern with cup and handle, plus, our cup and handle target is about approximately between 268$ and 274$ , in addition, could be created Eliot pattern with Fibonacci overlap lines on 50% 78% 161.8%.
however, RSI in daily time frame shows us the price might drop, although, RSI in 4H time frame already looks bullish.
To sum up, Dash might pump up caused its chart patterns, moreover, BTC price might affect on the DASH`s price. For taking position, it`s necessary to watch BTC.D, USDT chart and also USDT.D chart to take a better position on the coin.
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