Dash / BitcoinLong
DASHBTC - Bleed coming to an end?
DASHBTC has been pushing the bottom side of the wedge ever lower over the past few days, resisted by a very defined bleed line. Price has finally crossed over (confirmed on daily+lower timeframes). Looks to be in accumulation faze. Plenty of room to move up and not too much in the way.
Accumulation/buy zone - 0.007530 - 0.007730
Some possible take profit targets:
Target 1 - 0.007860
Target 2 - 0.008324
Target 3 - 0.009393
If wedge broken next targets likely to be hit.
Target 4 - 0.011504
Target 5 - 0.015216
Great Risk/Reward if buying in the box with the stop-loss around 0.007400
Have a great day
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Accumulation/buy zone - 0.007530 - 0.007730
Some possible take profit targets:
Target 1 - 0.007860
Target 2 - 0.008324
Target 3 - 0.009393
If wedge broken next targets likely to be hit.
Target 4 - 0.011504
Target 5 - 0.015216
Great Risk/Reward if buying in the box with the stop-loss around 0.007400
Have a great day
Like, share or subscribe if you like it :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.