DASH Possible Exit Points Bitfinex
Updated
DASH made an expected advance today when it overcome the 482 level constituted by a recent high and the top of the 3rd square of a 240min Gann Square set-up. That breakout looks quite convincing to me since it was accompanied by high volume.
By the time of writing the price takes a breath at the 3rd arc pair which makes me think about possible points to exit long positions.
The most optimistic in short term (up to 10 days) is 740 USD at the top of the set-up. A lower target for profit taking like 650 USD might be advisable.
Trade safe!
By the time of writing the price takes a breath at the 3rd arc pair which makes me think about possible points to exit long positions.
The most optimistic in short term (up to 10 days) is 740 USD at the top of the set-up. A lower target for profit taking like 650 USD might be advisable.
Trade safe!
Note
Dash used the chance to correct at the 3rd arc pair. I believe that correction was induced by BTC reaching the 5th arc pair on a 60min set-up: I believe this is only a minor turbulence since by the time of writing the volume of BTC is already declining indicating that the supply may soon be exhausted on lower levels.
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