icexch

DASH. Growth with a target at $ 770.

Long
BITTREX:DASHUSD   Dash
DASH’s rate pulled out a reverse turn and confidently returned to the range of $ 400- $ 770

Downward trend brought the rate to exactly $ 270 - the starting level of autumn 2017 take-off: $ 270- $ 1600

After the consolidation next to the minimums, a steady upturn began, creating a signal for purchase of MAcross on the daily chart.

On the weekly chart, we also see a reversal pattern: the decline candle under $ 400 is completely played. Moreover, now the rate is passing the fast moving average.

Now DASH will try to convince us that a big growth wave is starting.

And in order to do so, DASH needs to grow and grow above the slow moving average weekly chart: $ 680. The previous local top bound at $ 770 is quite suitable.

Stop on the possible long position is placed under $ 300.


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