Together with the rest of the crypto market, DASH has been moving down for almost three weeks now.
During this period, a bullish (downsloping) wedge has been formed on the chart. Classically, these patterns lead to a bullish break out.
With Bitcoin rising and the stock markets reversing, there's a decent chance that DASH will break out of the wedge in the near future. In case of a bearish move, expect DASH to bounce off the lower trend line.
Main target is at $200, second at $215.
Happy trading!
During this period, a bullish (downsloping) wedge has been formed on the chart. Classically, these patterns lead to a bullish break out.
With Bitcoin rising and the stock markets reversing, there's a decent chance that DASH will break out of the wedge in the near future. In case of a bearish move, expect DASH to bounce off the lower trend line.
Main target is at $200, second at $215.
Happy trading!
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