DASH Breakout Target: $1900

Great Reverse Head and Shoulders here on the 4 hour chart.

Very Bullish Pattern

4 hour charts are the best for Crypto Currencies because they give us more pattern recognition than the Daily Chart and less volatile chaotic noise than the 60 minute charts.

A very classic bullish pattern.

If we break out above this 1160 area, which is also the trend line forming the neckline of the Head & Shoulders.

Our targets will be based on the Fibonacci retracements and extensions.


Target 1 (take 25% position) = 1268 / 61.8% retraacement
Target 2 (take 50% position) = 1500 / former all time highs
Target 3 (take 25% position) = 1913 / 161.8% Fibonacci Extension


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Berlin Trader