Hello fellow crypto traders,
here is a nice look at DASH/BTC on the weekly.
We can see solid response of trend-line support, and respect of weekly oversold RSI, and structure support. In the bullish crypto scenario, I can see Dash as an out-performer here, to make similar gains against BTC as seen in Litecoin these past few weeks.
If you are fomo'ing Litecoin right now, i think this might be a better place to put that capital to work. I like a bid below the $0.025 satoshi level - plenty of upside room afterwards if we can clear this level.
Risk management is easy to spot here - with upside targets aligning with previus structure resistance, as well as downward sloping trend-line, with stops now comfortable below 0.02.
Best of luck, hit thumbs up
here is a nice look at DASH/BTC on the weekly.
We can see solid response of trend-line support, and respect of weekly oversold RSI, and structure support. In the bullish crypto scenario, I can see Dash as an out-performer here, to make similar gains against BTC as seen in Litecoin these past few weeks.
If you are fomo'ing Litecoin right now, i think this might be a better place to put that capital to work. I like a bid below the $0.025 satoshi level - plenty of upside room afterwards if we can clear this level.
Risk management is easy to spot here - with upside targets aligning with previus structure resistance, as well as downward sloping trend-line, with stops now comfortable below 0.02.
Best of luck, hit thumbs up
