DASH/USDT -- WHERE TO GO LONG.
SUMMARY:
DASH/USDT has broken out of the long term decline with massive volume and upthrust. The correction right now is only natural and healthy -- the question is, where are you going to buy the dip?
$80 is the 0.618 meme fib line and is showing support on the daily chart. But the level underneath the 0.618 which is at $65 looks more juicy because there is more price congestion.
Fib retracement to 0.786% at $62 would be a great buy. Before entering a trade, you should determine your R:R. It also helps that you do price-volume analysis to see where the whales are accumulating.
That is all for today. Thank you for reading this analysis :)
- DASH/USDT broke downtrend line, buying at $65 is great value.
DASH/USDT has broken out of the long term decline with massive volume and upthrust. The correction right now is only natural and healthy -- the question is, where are you going to buy the dip?
$80 is the 0.618 meme fib line and is showing support on the daily chart. But the level underneath the 0.618 which is at $65 looks more juicy because there is more price congestion.
Fib retracement to 0.786% at $62 would be a great buy. Before entering a trade, you should determine your R:R. It also helps that you do price-volume analysis to see where the whales are accumulating.
That is all for today. Thank you for reading this analysis :)
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.