UnknownUnicorn10064030

DASH entered consolidation - potential 43% movement

Long
Hello, Traders!

After the rapid growth, DASH corrected by more than 50% of its upward movement. The price found support near the $212 level. Dynamic support is provided by MA100 on 4H timeframe.

Currently, the asset is consolidating. We can consider this action as a form of correction with the further exit of the price to the level of $332 as the upper distribution point, or the exit of the price with the renewal of the ATH.

Buy entry can be considered in the range of $230 - $240

Stop-loss should be placed under $212

Targets for upward movement would be:
$270
$290
$315
$332

Good luck and watch out for the market

P.S. This is not a piece of financial advice but only trade I would be following myself
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