Currency Pair: DASH.USD Time Frame: Daily Predicted Direction: Short
Live DASH.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity. Should my daily predicted direction be incorrect no trade opportunity will be generated.
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A break and retest of the 4hr 50EMA is now upon us, A break and close below $573 for me would provide the reversal on the Daily TF
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A break and close below the 1hr 50EMA has now occurred, awaiting the 4hr to break for full confirmation.
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A textbook doji candle rejecting all structure levels, price now running towards $500
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Although price has exceeded the initial entry, for me i see a short opportunity should price continue to reject the Daily 50EMA
Good call sir. I watched this price action considering some breakout, but Your view is very accurate. I would add to stash if I would have some money to spend :D
UnknownUnicorn180388
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@pinfkloyd, Thanks very much, keep your cash safe and invest smart :-)
pinfkloyd
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@tomhall,
Thanks, and I wish You long live trading. ATM some coins are passing through bargain mode, that's why I'm closed for another options until stop loss.
Giovi6969
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Could you be a fan of Chealsea by using white and blue candles...
Giovi6969
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@Giorgioversace, Chelsea.
UnknownUnicorn180388
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@Giorgioversace, lol i'm not, it's due to my dyslexia i find the candles stand out far better than any other colour :-)
Nbilal
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really from $1500 to $400!!
UnknownUnicorn180388
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@Nbilal, we have been there before, all technicals give me the indication it can happen again.
Nbilal
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@tomhall, yes you're right i am not intresting in DASH for that i not notice it
lukaszkunatrader
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Has this been invalidated? Or are we just in better position for this come crashing down? Seems like a lot of sideways movement for now.