DASH is one of the few tokens which is showing strength in the current market. The support area between $115 - $100 seems to hold up well for now.
Best case scenario would be a Bitcoin bounce from $41k. In the case, I'm expecting DASH to move up towards the triangle's resistance (dotted line). A continuation of the triangle pattern is to be expected.
In case of a further BTC drop, I doubt that DASH will continue to go up. A fall towards $100 is to be expected, which can offer decent support and might initiate a bounce.
All eyes on Bitcoin. Happy trading!
Best case scenario would be a Bitcoin bounce from $41k. In the case, I'm expecting DASH to move up towards the triangle's resistance (dotted line). A continuation of the triangle pattern is to be expected.
In case of a further BTC drop, I doubt that DASH will continue to go up. A fall towards $100 is to be expected, which can offer decent support and might initiate a bounce.
All eyes on Bitcoin. Happy trading!
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