Dash / TetherLong
DASH Breakout Target: $1900
Great Reverse Head and Shoulders here on the 4 hour chart.
Very Bullish Pattern
4 hour charts are the best for Crypto Currencies because they give us more pattern recognition than the Daily Chart and less volatile chaotic noise than the 60 minute charts.
A very classic bullish pattern.
If we break out above this 1160 area, which is also the trend line forming the neckline of the Head & Shoulders.
Our targets will be based on the Fibonacci retracements and extensions.
Target 1 (take 25% position) = 1268 / 61.8% retraacement
Target 2 (take 50% position) = 1500 / former all time highs
Target 3 (take 25% position) = 1913 / 161.8% Fibonacci Extension
Support my work by following me!
Berlin Trader
Very Bullish Pattern
4 hour charts are the best for Crypto Currencies because they give us more pattern recognition than the Daily Chart and less volatile chaotic noise than the 60 minute charts.
A very classic bullish pattern.
If we break out above this 1160 area, which is also the trend line forming the neckline of the Head & Shoulders.
Our targets will be based on the Fibonacci retracements and extensions.
Target 1 (take 25% position) = 1268 / 61.8% retraacement
Target 2 (take 50% position) = 1500 / former all time highs
Target 3 (take 25% position) = 1913 / 161.8% Fibonacci Extension
Support my work by following me!
Berlin Trader
Support me with these referral links:
Sign up to TradingView charts:
tradingview.go2cloud.org/SHxi
Sign up for TastyWorks - The Broker of the Future:
start.tastyworks.com/
Twitter:
@BerlinTrader591
Sign up to TradingView charts:
tradingview.go2cloud.org/SHxi
Sign up for TastyWorks - The Broker of the Future:
start.tastyworks.com/
Twitter:
@BerlinTrader591
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.
Support me with these referral links:
Sign up to TradingView charts:
tradingview.go2cloud.org/SHxi
Sign up for TastyWorks - The Broker of the Future:
start.tastyworks.com/
Twitter:
@BerlinTrader591
Sign up to TradingView charts:
tradingview.go2cloud.org/SHxi
Sign up for TastyWorks - The Broker of the Future:
start.tastyworks.com/
Twitter:
@BerlinTrader591
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.