Dash Forming a falling wedge near the bottom of a channel.So here's a trade setup that I have been looking at since mid September.
Dash in a falling wedge at the bottom of it's channel that it's formed over it's entire lifetime with a massive 100%+ measure move.
The recent pump and dump had me worried that it may have already played out but the pattern is still there and this is hard to overlook.
My Targets:
Buy zone between 75 and 50
(Anything below 50 is a no trade zone.)
Take Profits: 108 and 220 then maybe hold some with something to the affect of a trailing stop loss to see how high you can ride a potential new cycle.
If we don't breakout immediately i don't see us going much lower than 55 dollars.
I think now would be a good place to look for massive upside.
Dash is most certainly looking clearly upwards more so than ETH which looks confused at the moment.
