jalapablo

Dash: Rising Wedge Supply Entrance

Short
Dash may be inching more and more toward a pullback. This is due to a steady climb of higher highs & lows in a wedge-like structure with supply bars entering at the key juncture of microtrend support. If this support is unable to hold, we may be revisiting the Fibonacci retracements as we make our way back down to mitigate the supply LV at 1.618% and possibly the 2% and beyond. It's worth keeping an eye on because at some point smart money will be taking profit from the recent price hikes Dash exhibited.

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