DASH Accumulating for explosive runHello everyone,
Currently dash is in a lateral accumulation phase.
As we could see in the previous run, the explosiveness of this altcoin is massive.
Be aware of key points:
250$
Breaking RSI downtrend
500$ Long term objective, timing is not bad but you could get bored watching other altcoins growing.
Good Luck!
DASHUSD trade ideas
DASH is about to hit crucial supportDASH just broke out of what could be considered a bear flag which could mean it is about to head downward.
What makes matters worse for DASH is it is about to hit the bottom of a long term wedge (green lines) right around the 50% Fibonacci level near $212. Although this is a great opportunity for a bounce, with the bear flag just breaking, it must also be considered that if support breaks, it can easily hurl into a whirlwind downward over the next month.
Hence there is some crucial support to watch soon around $212 for DASH.
DASH GOING FOR THE BULLS Dash has barely broken above ZONE A pushing upwards with bullish momentum. According to my analysis it should consolidate a while after breaking ZONE A and closing above it then form a price action pattern like a double bottom. I strongly advice to wait for a candle to be closed and have little retracements or pullbacks. My Target is very close to ZONE B which serves as a nice support for the market 👌. Follow me for more analysis