#Dash trying to break above #Dashbtc #crypto
#Dash is trying to break above the falling wedge that is inside a downtrend channel.
Entry on a pullback if the downtrend resistance of the channel is broken with conviction.
Also, Dash seems to have completed a WXYZ correction with the Z wave at 0.886fib of W
50DMA is 0.039
Target 1 around 0.382fib level and 100DMA resistance: 0.043-0.045
Target 2 around 0.618fib and 200DMA resistance: 0.050-0.053
Stop below Support zone: 0.033
Entry on a pullback if the downtrend resistance of the channel is broken with conviction.
Also, Dash seems to have completed a WXYZ correction with the Z wave at 0.886fib of W
50DMA is 0.039
Target 1 around 0.382fib level and 100DMA resistance: 0.043-0.045
Target 2 around 0.618fib and 200DMA resistance: 0.050-0.053
Stop below Support zone: 0.033
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.