A couple of weeks ago, I made an analysis on DASH. Here I argued that DASH was trading inside a descending (bullish) wedge pattern and that a pattern was likely to occur soon.
As it seems, the price needed one more re-test of the wedge's support before a strong break out could occur.
The first target of my previous analysis has been reached. Now we can extend our targets upward since the reversal has been set in motion.
Next major target is based at $200, second target at $215. With sufficient price action, both targets could be reached within a week.
Happy trading!
As it seems, the price needed one more re-test of the wedge's support before a strong break out could occur.
The first target of my previous analysis has been reached. Now we can extend our targets upward since the reversal has been set in motion.
Next major target is based at $200, second target at $215. With sufficient price action, both targets could be reached within a week.
Happy trading!
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