Quick Dash Up the Channel

DASH has dropped quite a bit since its previous rally. However, it has maintained its position inside the long-term bullish channel and is currently dropping near the support. Buy as close to the support, and sell at any of the resistance levels.

Kommentar:

I entered DASH at 0.0760 BTC. However, it fell below the channel. There are two support levels below at 0.0734 BTC and 0.0707 BTC. I'm keeping the trade active because of these, considering my position is small.

Otherwise, I'd be cutting losses.

Trade geschlossen: Stop wurde erreicht:

DASH broke the first support. I cut my losses and closed my position. I will try to buy back close to the second support.