icexch

DASH. Short with a target at $ 400

Singkat
BITTREX:DASHUSD   Dash
As we wrote in our previous review, the loss of the support level at $ 800- $ 900 dispelled the last doubts that DASH entered a medium-term downtrend.
Now we see a consolidation just below this key level.
The closest support level that is capable of stopping the sellers is $ 600 and $ 500.
However, the level of the trend reversal and capable of starting a new big wave has to be strong, starting from $ 400.
The cancellation of the idea of short game is receiving a buy signal from the indicator "Intersection of moving averages" on the daily chart.
Penafian

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