P_S_trade

DASH 1D Two extreme prices, where next? Up to $60 or $260

P_S_trade 已更新   
BINANCE:DASHUSDT   Dash / TetherUS
For a long 5 months we did not write reviews on the DASHUSDT pair, although the previous idea worked pretty well

Today we will describe the next idea for the DASHUSD pair and consider what prospects can await us in the context of several months in the future.

For several days now, the cost of DASH has been around $115.
They do not fall or grow — gaining a position?
Perhaps, because the price of Dashcoin has come to a strong liquidity zone of $110-120. Consolidation in this area can result in two options:
1) fixing the price below $110 opens the way for a fall down by another -40% to the zone of $60-70
2) fixing the price above $120 will open the way for growth +80-150%, first up to $190, and maybe higher up to $ 210-220 and globally up to $260

To summarize: the volatility in this trading pair is low, it is possible to put a short stop in case of an error, and in general, a good profit/loss ratio appears. Therefore, carefully follow the events on the market and enter the trade on the side of the strongest!
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