Dash had left the negative trend channel (red) on feb 12. Accompanied from good momentum it climbed up to fib retracement 38.2% (763$) - (upgoing fib) but didn´t manage to break this resistance and fell back on the support at fib retracement 23.6% (568$) - upgoing fib.
This support has been tested twice - on the upper side the price rebounded at fib retracement 78.6% (639$) - downgoing fib.
We can draw a descending triangle and DASH is within - but on the upper side. Perhaps it breaks through this day?
RSI is signalling more strength, MACD has left negative zone and entered neutral zone with trigger line slightly above signal line.
buy: outbreak out of the triangle to the top AND crossing resistance at 639$
-> aim resistance at 755$
stop: breaking the triangle to the bottom / crossing support at fib retracement 23.6% (568$)
This support has been tested twice - on the upper side the price rebounded at fib retracement 78.6% (639$) - downgoing fib.
We can draw a descending triangle and DASH is within - but on the upper side. Perhaps it breaks through this day?
RSI is signalling more strength, MACD has left negative zone and entered neutral zone with trigger line slightly above signal line.
buy: outbreak out of the triangle to the top AND crossing resistance at 639$
-> aim resistance at 755$
stop: breaking the triangle to the bottom / crossing support at fib retracement 23.6% (568$)