Is DASHUSDT Poised for a Major Bullish Breakout?
Updated
Yello, Paradisers! Have you noticed the exciting opportunity brewing with DASHUSDT?Let's dive in and see why this could be a game-changer!
đź’ŽWe've witnessed #DASH breaking above a descending resistance, signaling a high probability of a bullish move. After overcoming this descending resistance, DASH is now approaching a key internal resistance $24.48. If DASH manages to break above this level and sustain its momentum, there's a great probability it will continue its bullish ride and mitigate above a strong supply zone.
đź’ŽCurrently, market sentiment is bullish. Why? Because DASH has failed to make a new lower low and has instead sustained its momentum at support levels. But what if DASH faces a strong rejection at the internal resistance of $24.48 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the support level of $23.40.
đź’ŽDuring this phase, many inexperienced traders might rush to open short positions and get trapped. If the price breaks below this support and it turns into resistance, it's time to plan short positions as the market could drop significantly.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
đź’ŽWe've witnessed #DASH breaking above a descending resistance, signaling a high probability of a bullish move. After overcoming this descending resistance, DASH is now approaching a key internal resistance $24.48. If DASH manages to break above this level and sustain its momentum, there's a great probability it will continue its bullish ride and mitigate above a strong supply zone.
đź’ŽCurrently, market sentiment is bullish. Why? Because DASH has failed to make a new lower low and has instead sustained its momentum at support levels. But what if DASH faces a strong rejection at the internal resistance of $24.48 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the support level of $23.40.
đź’ŽDuring this phase, many inexperienced traders might rush to open short positions and get trapped. If the price breaks below this support and it turns into resistance, it's time to plan short positions as the market could drop significantly.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Note
Price Hits Bullish Invalidation after making significant upward move
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Follow a team of traders with 10+ years of experience?
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