FieryTrading

🔥 DASH In A Channel

Long
BINANCE:DASHUSDT   Dash / TetherUS
In general, DASH is lagging behind a lot of other cryptos. In the case the bull-run will continue, DASH will surely make up for its current slow behaviour in the future. At the moment, it appears that DASH has bounced from the lower support of the channel and is making its way up again.

Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.

Happy trading!

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