DASH/USD perfect bounce 50ma, let's take 50% profit.
Risk: Medium
Dear followers,
Dash perfectly bounced the strong support level. 50ma and 0.5 fibbonacci retracement. We need a close on the daily chart above these support levels to reach our targets. Like I already said in previous ideas. I see these corrections as healthy corrections and the crypto market is still bullish. For me, these are signals that the crypto market is growing up and it only makes the market more predictable.
Target 1: 1250
Target 2: 1425
Target 3: 1550
SL: 920
I put the risk on medium, because MACD is almost giving a bearish signal.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome and I wish you all a merry christmas.
Dear followers,
Dash perfectly bounced the strong support level. 50ma and 0.5 fibbonacci retracement. We need a close on the daily chart above these support levels to reach our targets. Like I already said in previous ideas. I see these corrections as healthy corrections and the crypto market is still bullish. For me, these are signals that the crypto market is growing up and it only makes the market more predictable.
Target 1: 1250
Target 2: 1425
Target 3: 1550
SL: 920
I put the risk on medium, because MACD is almost giving a bearish signal.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome and I wish you all a merry christmas.