TradeWithTheTrend3344

Analyzing DASH/USD: Anticipating a Reversal

Long
Hello Everyone,

It appears that DASH/USD is currently finding support just above the 1Y/1W Support zone. However, it's worth noting that we're currently below the 1Y/1M/1W/1D Pivot Points (PP), indicating the possibility of further downward movement before any significant upward momentum. While there's some anticipation of a bullish reversal, we require additional data to confirm this trend shift. As of now, the outlook remains bearish across various timeframes from 1 year to 1 day, and this bearish trend is expected to persist. To begin confirming a reversal, what's needed is a consistent and steady position above the 1D Pivot Point.

TradeWithTheTrend3344
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.