SUMMARY:
DASH/USDT has broken out of the long term decline with massive volume and upthrust. The correction right now is only natural and healthy -- the question is, where are you going to buy the dip?
$80 is the 0.618 meme fib line and is showing support on the daily chart. But the level underneath the 0.618 which is at $65 looks more juicy because there is more price congestion.
Fib retracement to 0.786% at $62 would be a great buy. Before entering a trade, you should determine your R:R. It also helps that you do price-volume analysis to see where the whales are accumulating.
That is all for today. Thank you for reading this analysis :)
- DASH/USDT broke downtrend line, buying at $65 is great value.
DASH/USDT has broken out of the long term decline with massive volume and upthrust. The correction right now is only natural and healthy -- the question is, where are you going to buy the dip?
$80 is the 0.618 meme fib line and is showing support on the daily chart. But the level underneath the 0.618 which is at $65 looks more juicy because there is more price congestion.
Fib retracement to 0.786% at $62 would be a great buy. Before entering a trade, you should determine your R:R. It also helps that you do price-volume analysis to see where the whales are accumulating.
That is all for today. Thank you for reading this analysis :)
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