Is $DASH finally shaking off the sellers? Look at this chart.
It had that massive pop up towards $95, then a healthy cool-off. Now we're consolidating around the $81 to $82 zone. This is a good sign. It looks like profit-takers are done, and we're building a base here. The key support right now seems to be down near $79 or $80. If that holds, this whole thing looks like a continuation pattern. The next major target for me is clearly that $95 high. A break and hold above $83 could get us moving quickly. Volume isn't huge right now, which is typical for a pause. Just need a small push to get the momentum back. What are you watching for on this one? Shall I check for any big news catalysts that might be driving this move?
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Is $DASH finally shaking off the sellers? Look at this chart.
It had that massive pop up towards $95, then a healthy cool-off. Now we're consolidating around the $81 to $82 zone.
This is a good sign. It looks like profit-takers are done, and we're building a base here.
The key support right now seems to be down near $79 or $80. If that holds, this whole thing looks like a continuation pattern.
The next major target for me is clearly that $95 high. A break and hold above $83 could get us moving quickly.
Volume isn't huge right now, which is typical for a pause. Just need a small push to get the momentum back.
What are you watching for on this one?
Shall I check for any big news catalysts that might be driving this move?
#dash #CFTCPushesForLeveragedCryptoTrading