Couple reasons to like DASH right now.
1) The current price action is in a very large, nearly completed falling wedge and is currently testing overhead resistance
2) The daily and weekly RSI levels are 22-23 which are pretty oversold for the macro time-frames
3) The Stoch RSI is also showing oversold and looks ready for a pop upward
4) The MACD is showing strong bullish divergence and support
5) Price is bouncing off of 2014-2015 support levels
Given the oversold conditions and the bullishness of the indicators, I think the price could move quickly once it breaks out beyond resistance. Buy the breakout and hold on.
1) The current price action is in a very large, nearly completed falling wedge and is currently testing overhead resistance
2) The daily and weekly RSI levels are 22-23 which are pretty oversold for the macro time-frames
3) The Stoch RSI is also showing oversold and looks ready for a pop upward
4) The MACD is showing strong bullish divergence and support
5) Price is bouncing off of 2014-2015 support levels
Given the oversold conditions and the bullishness of the indicators, I think the price could move quickly once it breaks out beyond resistance. Buy the breakout and hold on.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.