Dash: graph analysis

in #bitcoin6 years ago

Dash on the day of June 10 opened in area 295.50 dollars (on the relative highs of the day), and then start its race to the bottom and bring the price to close in the area 268.60 dollars (on the relative minimums of the day). The resistances to be monitored are: $ 554 (78.6% Fibonacci level) and $ 400 (monthly resistance), while support levels: $ 200 and $ 262 (monthly support).

For those wishing to buy Dash

Enter when the price breaks static resistance in the $ 400 area, with stop loss at 300 and take profit in the $ 782 area.

For those who currently hold Dash

The bearish target has been reached but if it breaks area $ 262, the downside could continue.

For those wishing to sell Dash

For those not already involved, possible bearish entering level is when the price firmly breaks area 262 dollars, with stop loss positioned at 350 and the first target in area 200 and the next to 150 dollars.

Target

Bearish

280: reached 10 June 2018
200: not reached
100: not reached

Bullish

400: reached April 18, 2018
553: reached April 24, 2018
782: not reached