๐ฅ DASH Textbook Descending Wedge: Bullish Move Soon?
Since the major drop that we got early in September, DASH has been trading inside this descending wedge pattern.
With the pattern's outer edges closing in on each other, a break out is becoming more likely with the day. Classically, descending wedges are bullish break out patterns.
In case of a bullish break out, I'm eyeing the $180 resistance area for a potential target.
Happy trading!
With the pattern's outer edges closing in on each other, a break out is becoming more likely with the day. Classically, descending wedges are bullish break out patterns.
In case of a bullish break out, I'm eyeing the $180 resistance area for a potential target.
Happy trading!
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