DASH/USDT - a coin with a good perspective 🔥🤑
Updated
A symmetrical triangle has formed on the Dash chart. The rules are that triangles of this type are broken equally both up and down.
The price has already tested the triangle's upper boundary five times, but has not been able to break it. With each new test, resistance weakens and a breakout may occur soon.
Another scenario is also worth highlighting. Bitcoin is looking very weak right now. If a strong correction starts now, all altcoins including Dash will also correct heavily. Therefore, the price might follow the second scenario, as shown on the chart.
A good buying opportunity, in both cases after a breakdown of the triangle's upper boundary.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
The price has already tested the triangle's upper boundary five times, but has not been able to break it. With each new test, resistance weakens and a breakout may occur soon.
Another scenario is also worth highlighting. Bitcoin is looking very weak right now. If a strong correction starts now, all altcoins including Dash will also correct heavily. Therefore, the price might follow the second scenario, as shown on the chart.
A good buying opportunity, in both cases after a breakdown of the triangle's upper boundary.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Trade closed: target reached
the first target reached
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