A trading opportunity to buy in DASHBTC
Technical analysis:
. DASH/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 28.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.02144600 to 0.01799300). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.02144600)
Ending of entry zone (0.01799300)
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 the 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= @ 0.02589200
TP2= @ 0.02822700
TP3= @ 0.03231000
TP4= @ 0.03693200
TP5= @ 0.04289000
TP6= @ 0.04682700
TP7= @ 0.05483200
TP8= @ 0.06284500
TP9= @ 0.07424300
TP10= @ 0.08876300
TP11= Free