Technical Analysis for DASH/USDT:
- Resistance Level: $31
DASH is currently attempting to break the resistance line at $31.
- Long Position Entry Criteria:
Place a Long Position Bid at $31.50, but only execute the buy order if the price successfully breaks and holds above the $31 resistance level.
- Target Levels:
Target 1: $32.50
Target 2: $34
Target 3: $37
Target 4: $39.55
- Stop Loss:
Set the Stop Loss at $29.44. Ensure that the stop loss is placed immediately after the entry order is filled to manage potential losses.
- Signal Timeframe:
This trade signal is valid for a period of 1-15 days.
- Profit Expectation:
Anticipate a profit range of 5%-25% from this trade.
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