Similar to our analysis of Litecoin (see below), DASH is also right on a critical point here @ $83. It isn't going sideways in the next day, so the question is, Bulls or Bears?
There's a big area coming up between $84 and $94 where price has historically spent some time ranging. If we can break into this area you could set a TP at $94 and be pretty certain to hit it soon.
If we cannot break into the range the price will deflect downward to at least $76, maybe the next level of $68, or possibly if there's a strong deflection all the way down to $62.
Time will tell on this one, if you fancied a little trade we'd go long @ $84, TP @ $94, SL @ $80 (just below recent range).
Good Luck & Happy Trading!
-theCrypster
There's a big area coming up between $84 and $94 where price has historically spent some time ranging. If we can break into this area you could set a TP at $94 and be pretty certain to hit it soon.
If we cannot break into the range the price will deflect downward to at least $76, maybe the next level of $68, or possibly if there's a strong deflection all the way down to $62.
Time will tell on this one, if you fancied a little trade we'd go long @ $84, TP @ $94, SL @ $80 (just below recent range).
Good Luck & Happy Trading!
-theCrypster
