DASHUSD: Dash Breakout ?!
The Dash price moves sideways last few days. None of the party, the sellers and buyers did not take initiative to control the price. But there was a little change few hours ago. The big bearish bar shows that finally the traders started selling. Can it break the support level?
There is a support at 576.141399, which is structure low. The price respected that level few times, but if it breaks that level, it is more likely continue dropping. Thus, I am going to apply a breakout strategy to this. I will await a valid breakout – the bearish bar closed outside of support level and then I short Dash.
- Follow & Comment -
There is a support at 576.141399, which is structure low. The price respected that level few times, but if it breaks that level, it is more likely continue dropping. Thus, I am going to apply a breakout strategy to this. I will await a valid breakout – the bearish bar closed outside of support level and then I short Dash.
- Follow & Comment -
Note
Sellers breakout structure low
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