CoinMajesty

DASH - Bullish and Bearish Scenarios

POLONIEX:DASHUSDT   Dash / Tether USD
This is a continuation of the market analysis I just did about Bitcoin:


DASHUSDT is right now at an important decision point. If it does manage to break up and bulls win, i expect price to reach 805 USDT as TP1 and 1060 at TP2. If it doesn’t manage to go up, it could go down to 350 and then to 305 for next target. There is a small pennant that looks like a reversal triangle so this could be dumping in the short term and dumping even harder later this month. Nevertheless, if the smaller triangle pennant manages to break up, I expect the written TPs to be reached in the next six weeks or so.

Whatever happens with Bitcoin will influence the rest of the market for sure, so keep an eye on my current BTC chart.
Penafian

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