A trading opportunity to buy in DASHUSD
Technical analysis:
. Dash/Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (72.500 to 56.200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (72.500)
Ending of entry zone (56.200)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 102.700
TP2= @ 139.000
TP3= @ 175.000
TP4= @ 210.000
TP5= @ 280.000
TP6= @ 410.000
TP7= @ 530.000
TP8= @ 628.500
TP9= @ 806.000
TP10= @ 982.500
TP11= Free
. Dash/Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (72.500 to 56.200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (72.500)
Ending of entry zone (56.200)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 102.700
TP2= @ 139.000
TP3= @ 175.000
TP4= @ 210.000
TP5= @ 280.000
TP6= @ 410.000
TP7= @ 530.000
TP8= @ 628.500
TP9= @ 806.000
TP10= @ 982.500
TP11= Free
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