DASH/USD TA

in #cryptocurrency7 years ago (edited)

Having broken down all major 4H WMAs DASH is currently sitting within a very strong support zone provided by the confluence of 4H and 1D Gann's Square of 9 cycles ($163 - 183). Given the generally negative sentiment at present time in the entire CC space, I don't see DASH bouncing strongly from where it is now as well as being able to break up above $183. However, if it happens, a close above $183 on 4H basis will trigger a further upward move to $194-200 where it should stall.

Closing below $169 will imply a continuation to 4H volatility determined targets of $123-128
https://www.mql5.com/en/charts/7413033/dshusd-h4-fxopen-investments-inc

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