for the past month of so we've finally been testing my accumulation zone, and with rising lows on the wicks, along with the overall market shift, and lastly because DASH is an actually used and fairly old and fast coin, I can see amajor reversal in the works any day now.
A look at the weekly with Heikin Ashi DOES however reveal some scary downward momentum, though also gives us a better long term look at potential profits
All in all, I could actually see the argument for a short here, so I won't recommend anything, though, as a disclosure I did open a very small leveraged long position on DASH. However, should we firmly break either of the red trend lines, I would take that as a major sign of our future movement.
A look at the weekly with Heikin Ashi DOES however reveal some scary downward momentum, though also gives us a better long term look at potential profits
All in all, I could actually see the argument for a short here, so I won't recommend anything, though, as a disclosure I did open a very small leveraged long position on DASH. However, should we firmly break either of the red trend lines, I would take that as a major sign of our future movement.
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