DSHUSD: Bullish Signals and When to Buy

The price broke the main downtrend line. Now we can see an attempt to move above the resistance zone formed by SMA100 and 60.00 resistance level. This movement can give us another bullish signal.

I think the market should be added to a watchlist if you want to build a stable portfolio. I don't want to buy base on the breakout, because the market can move downward. RSI reached the overbought zone, and we should be ready to see a pullback. But if we talk about the long term trading, buying based on the breakout can be the part of the whole long position.

If we talk about better buy opportunities, I would like to think about buying after the correction. The price can move back to the downtrend line and the local bottom at 38.00 support level. This zone will be good to open long positions with stop orders below 36.00 and profit targets at the previous important market highs.