DASH (DASH/USD) - Bullish Breakouts!!
DASH has made a breakout from two triangles. First bullish four-hour candle takes down that smaller triangle and the second candle takes down the bigger triangle (blue lines).
We have talked before, that how strong it looks like and etc. Currently, as we said, it has two bullish signs but let's count all bullish signs together, we have:
1. Upwards breakouts from the triangles
2. A break above the round number $200
3. Break above the June and July low (currently no close above)
4. The golden cross between 100 and 200 EMA
So, those criteria will guide us to the higher levels and the target areas could be around:
* $225 - the August high level which starts to work as a resistance
* Currently, the main target would be around $250 - semi-round number, the triangle pattern possible target, Fibonacci extensions!
Technically, DASH is very bullish, many bullish price action criteria matching each other and it is ready to climb into the main target area!
Hopefully, those levels and this analysis helped You out a little bit to confirm Your own analysis!
Please, don't forget to hit the LIKE button to support us!
Best regards!
We have talked before, that how strong it looks like and etc. Currently, as we said, it has two bullish signs but let's count all bullish signs together, we have:
1. Upwards breakouts from the triangles
2. A break above the round number $200
3. Break above the June and July low (currently no close above)
4. The golden cross between 100 and 200 EMA
So, those criteria will guide us to the higher levels and the target areas could be around:
* $225 - the August high level which starts to work as a resistance
* Currently, the main target would be around $250 - semi-round number, the triangle pattern possible target, Fibonacci extensions!
Technically, DASH is very bullish, many bullish price action criteria matching each other and it is ready to climb into the main target area!
Hopefully, those levels and this analysis helped You out a little bit to confirm Your own analysis!
Please, don't forget to hit the LIKE button to support us!
Best regards!
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