DASH - Ready to Boom?

9. Okt. 2018

DASH is moving sideways similar to other cryptos. The price is moving between 177 and 189 quietly, however, we observe a bollinger band squeeze which generally indicates an upcoming fast move and stochastic says this move is most probably going to be downwards. So our main scenario; first, test of 177 support level, and if it breaks down, a fall till 171.30 level. Alternatively, a break above strong 189 resistance line could take Dash to 198.

12. Okt. 2018

Trade geschlossen: Ziel wurde erreicht

In our prior DASH analysis, we have mentioned of a boolinger band squeeze and a downwards stochastic and concluded that a fast movement, probably heading south, might occur. Today, looking at the current graph, we see a downwards fast movemet, way passed through our target of 171.30. Enjoy.