DASH Price Action Analysis
[DASH 4HR CHART]
DASH has been stuck in a trading range for nearly a month now. Its bounced off the low support level and rejected off the high resistance zone. Currently it sits in the middle of the trading range looking to test resistance again.
[DASH 4HR CHART]
There was also falling resistance and price has broken through with a strong bull candle. Still price sits in the middle range of the overall bigger range channel. Caution should be taken here, as price is stuck in no mans land, its best to trade at the bottom and high of the ranges.
[DASH DAILY CHART]
Looking at price on the daily gives us an indication of where price looks to go. Theres still major level of resistance above and price has to break that level, as its been rejected multiple times before. If price fails to break resistance then price action dictates it will probably fall back down the support level at about $140-$150. If price can break out it we can look to prices at about $220-$240.
This not a signal service, nor is it financial advise. You buy and sell as you please.
Plese upvote if you like.
Happy trading folks.
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