Dash / TetherUS

DASH : : Bullish Breakout Potential! Keep an Eye on Key Levels

💎 DASH has broken out of a descending channel by forming a W pattern, which typically indicates a higher probability of a bullish move.

💎If DASHUSDT manages to break above the resistance level, it could signal further bullish momentum. However, if the price experiences a pullback, traders may anticipate a bounce from the bullish OB area. Confirmation of this bounce could be sought through the formation of a bullish engulfing candlestick pattern.

💎On the other hand, if the price breaks below the bullish OB area, it may be prudent to avoid trading DASH at that time, as it could indicate a shift towards bearish sentiment in the market.

Penafian