Cryptoknowmics
2022-03-15 11:13:59

DASH Technical Analysis: The Last Fall Wave Is Possible

The DASH trading week from 7 March has become quite important in the medium term. The fact is that buyers managed to win a local victory and swallow the previous weekly candle of sellers. All this happened at an increased volume, which signals the growing interest of investors in the DASH cryptocurrency. Of course, looking at the weekly timeframe, it is too early to talk about the absolute dominance of buyers, but the first stone for success is laid. The $90 range was the starting point. https://www.tradingview.com/x/xBSSxIID/ At the moment, there is only one question – whether the DASH price reversal will start from this range, or whether sellers will be able to organize a financial fall wave to $70. To implement a positive scenario and reverse the price without updating the mark of $90, buyers need to test the mark of $120 during the trading week on 14 March. This action of buyers organizes a consolidation corridor in the range of $90-$120, in which buyers will have a chance to gain a position to start growing with the first target of $140. This increase in the DASH price will not mean a change in the global trend. The $140 mark is the global trend line of sellers, which they have been keeping since May 2021. So we do not expect the $140 mark to break for the first time. Technical Analysis Of DASH On The Daily Timeframe. https://www.tradingview.com/x/j3Tnc1E1/ Analyzing the movement of the DASH price on the daily timeframe, ...

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