Hello and welcome to this quick market analysis.
This one is recommended from one of you guys, I always respect my followers wishes so don’t be a stranger and comment your favorite chart and I will share my insights on it ;)
Basic data is written on the chart so I just review them here real quick:
.$DASH is printing higher lows on weekly time frame which is a very good sign
.Price is moving in a rising wedge, which is a continuation pattern so the drop is more possible rn.
.We are currently above the previous MSB and as long as we hold it I expect $DASH to break above this wedge and finish this term correction phase.
.Breaking out above this wedge is very bullish
.Best place to buy is either waiting for a breakout or testing the lower line of this wedge
(I PREFER BUY AT $190)
If you are holding $DASH, keep in mind that loosing $154-$145 will be very costly!
You tell me now, is $DASH bullish or bearish?
This one is recommended from one of you guys, I always respect my followers wishes so don’t be a stranger and comment your favorite chart and I will share my insights on it ;)
Basic data is written on the chart so I just review them here real quick:
.$DASH is printing higher lows on weekly time frame which is a very good sign
.Price is moving in a rising wedge, which is a continuation pattern so the drop is more possible rn.
.We are currently above the previous MSB and as long as we hold it I expect $DASH to break above this wedge and finish this term correction phase.
.Breaking out above this wedge is very bullish
.Best place to buy is either waiting for a breakout or testing the lower line of this wedge
(I PREFER BUY AT $190)
If you are holding $DASH, keep in mind that loosing $154-$145 will be very costly!
You tell me now, is $DASH bullish or bearish?