As DASH touched the 100(D) MA, which in turn was also the FIB 0.618 level, it might break which seems a long bullish flag pattern.The two most recent (longterm) upward movements were stimulated by the 100(D) MA as is displayed by the arrows on the chart.
If DASH can break the FIB 0.5 level (251), this would mean a break of the bullish flag pattern with a possible next resistance level at FIB 0.382 (265). Strong resistance can be expected at 265 as it has been resistance 3 times already.
the MACD indicates a change of direction soon (upwards) while the RSI is hovering in the middle.
Advice: wait for DASH to break the FIB 0.5 and therefore break the bullish flag pattern.
If DASH can break the FIB 0.5 level (251), this would mean a break of the bullish flag pattern with a possible next resistance level at FIB 0.382 (265). Strong resistance can be expected at 265 as it has been resistance 3 times already.
the MACD indicates a change of direction soon (upwards) while the RSI is hovering in the middle.
Advice: wait for DASH to break the FIB 0.5 and therefore break the bullish flag pattern.
