Keep an eye on DASH. Possible trend reversal towards UP
Dash is showing signs of a reversal from a downward trend. It broke my trend line on 8th Feb 2018, and is quite possibly bouncing from the upper line today. Moreover, if you look at it's entire history, DASH tends to do this a lot. It fluctuates within a horizontal channel, rising and falling withing that channel.
The pattern looks really good to me, but we would really need to see some signs of reversal of the StochRSI and MACD on the 1D chart, before I can confirm a trend reversal. Hence, the title of the idea is to keep an eye on it. I have already invested a small amount in it and might add more if I see more signs of reversal.
Remember, we are in risky times in terms of the entire market action, so consider this a risky trade and trade it at your own risk.
I will update on this idea as it develops more.
Cheers and good luck!
Tips:
BTC - 1FPLEZw1WXK4ojqap3R1KtXxubDsrLps7g
ETH - 0x080cC01b0abA63Bde5cC535d92F0fEd8722b1678
The pattern looks really good to me, but we would really need to see some signs of reversal of the StochRSI and MACD on the 1D chart, before I can confirm a trend reversal. Hence, the title of the idea is to keep an eye on it. I have already invested a small amount in it and might add more if I see more signs of reversal.
Remember, we are in risky times in terms of the entire market action, so consider this a risky trade and trade it at your own risk.
I will update on this idea as it develops more.
Cheers and good luck!
Tips:
BTC - 1FPLEZw1WXK4ojqap3R1KtXxubDsrLps7g
ETH - 0x080cC01b0abA63Bde5cC535d92F0fEd8722b1678
코멘트:
The StochRSI on the 4h chart is very bullish. The MACD on the 1h and 2h chart are also very bullish. The indicators are showing signs of a reversal.
코멘트:
We just had a strong breakout with two solid green candles on the 1h chart. StochRSI bullish on the 1h, 2h and 4h charts, and it's curving back up on the 1D chart. Similarly, MACD has crossed over on the 1h, 2h and 4h charts and curving back up on the 1D chart. This is looking like a classical trend reversal!