Long

Updated

Dash - Altcoin season ready to hit

Hello Traders,
today I repost an interesting trade that I have been following for a few months.
The crypto under scrutiny today is Dash and it is for several reasons among which the first one is not only the price drop but because I am convinced that many investors and traders have forgotten about this crypto. As of today Dash sits on 23 USD stuck in a channel after the mid-May descent.
From here the price should rebound favored by a possible and imminent altcoin season even above the proposed targets.
Make smart investments and never oversize/overtrade.

Follow me, soon I will update the post in the comments section. 🔜

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️

Note

July 29th Dash Core team will launch the evolution genesis platform the will include usernames, contact lists, invoicing and recurring payments.
Will be the first queryable decentralized database and decentralized APIs.
Targets will be higher.
Stay tuned.

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Main supply area on weekly basis

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We can see higher daily closes with the goal of getting back into the price range between 27 and 46 usd.

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As reported the MTTR level (main trendline resistance) is acting like resistance.
Our support is the STTS (second trendline support) or also referred to as the secondary channel (yellow)

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MACD set to cross 0 level

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Here daily targets

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Shorts trapped

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MACD pointing down. Support arround 26.5
Probably an inverted head and shoulders on the way

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📈

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Will break the local supply price

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Dash distribution

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Fib's retracement levels

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H&S

IllyrianTrader

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IllyrianTrader

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