$DASH Great news before pump, catalyst for recovery. $DASHBTCThe DASH marketing team is among the best in crypto, if not the best. There was also a conference mere weeks before the BTC pump which overshadowed DASH. You can see the extended downtrend at the bottom of the bollinger band and below the ichimoku cloud. The MAs have finished reversing as of the last bollinger band squeeze, right in time for a recovery, I would expect a push through the red ichimoku cloud soon, it bounced off of it and will retest it, turning its resistance to support, see the square where it's also pushing the fibonacci resistance.
DSHBTC trade ideas
DASH LONG TERM SHORTLooks like the price is not going to break the top in this wave, and this pattern looks like a big complex correction pattern and it is breaking down.
if we get a downtrend impulse this time, i think that prices will break 0.03 level to go lower.
Buy again at 0.02-0.01, if there i will see a new accumulation pattern
Always trade with care and have fun!
risk only 1% of your capital
money managment will save your life
Happy trading to everyone
Dash/Btc potential Head and Shoulder Pattern formingDash/Btc is forming a potential head and shoulders pattern on the 4hr chart.
Rsi is heavily oversold and Macd is crossing which confirms a reversal to form the right shoulder.
Keep an eye on the daily chart before entering the market there is room for more down although the 0.50 fibinacci level is a strong support.
On the chart you find my buyzone, price target is located at the right shoulder. If it breaks the buyzone support is located at the 61.8 Fibonacci level.