DASH/USD Outlook Hello Traders,
DASH/USD broke again to new highs and we still like the idea of pushing it higher. If the market can pullback to around the 50% Fibonacci we like the buying but the market needs to stay below 320.918 to buy any pullbacks, so if the market stays below 320.918 and goes to around the 50R we like the buy. We keep you updated on it.
Hope that helps.
Cheers and trade safely
Dashlong
DASH / USDT small correction afterwards further upward trend?As we see, the price is currently moving in a channel that goes upwards. If the RSI touches the trend line and the bars touch the orange trend will show whether the price will continue to rise. The course can thus go up to 500. The target was calculated with several Fibos.
DASHUSD 8h: If 200 USD breaks, strong up possible. Be watchful.In the recent days, we have seen a strong resistance at or near 200 USD . If this resistance breaks, we could expect another up to 240 USD. If we look at the Fibo, we could also hold for long up to 300 USD . Otherwise I see a max correction at 170 USD . So there is a buying opportunity with a target of 240 USD and more.
Let's see what happens. Happy trading.
DASH/BTC (Long position)DASH is currently consolidating, as we continue to find the $90 level to be supportive. As the market stabilizes, I believe that the buyers will push towards the $103 level above. Short-term dips offer value in building a position in this region is certainly a viable option when it comes to trading. I have no interest in selling, as there seems to be quite a bit of support extending much lower.