Long

Will dash get out of the triangle to go up or go down?

Updated

Dash got out of the wedge but it seems to me that there is a channel where it might fall. Right now it's near the top line of the channel and there is also a small channel where it can still go up to the top red line of the triangle ($212) or top blue line of the small channel ($225) and if it won't break it up from there or if it respects those lines, there is a possibility that it will fall on the lower line of the bigger channel. Price will depend on what support level it will respect. Also depends on BTC. One support is on the previous(168) and the others below are from last year. Have to watch other patterns that will form. If we will still be bearish we might see dash reach 68. Please comment what you think. Thanks

Trade closed: target reached

I was new in studying technical analysis when I did this. Never noticed that it reacher the target after a year. ;-)

angelsmfg

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