DASHBTC - Potential Trend Reversal
Hello everyone,
DASHBTC looks pretty good on the charts.
It has been following the bearish trendline for a while now.
Recently, a higher low as shown was created. This could be the first signal that the trend is on its way to reverse.
Note that further indications are needed to clearly suggest the trend has truly been reversed.
Firstly, there has to be a candle close outside the bearish trend line. Also it needs to break through the next resistance.
If that happens, it is highly likely thatDASHBTC will push up towards the next resistance level, yielding a 10.5% gain.
Make sure you set your Stop Loss at an appropriate risk to reward ratio.
Keep an eye on it and good luck!
DASHBTC looks pretty good on the charts.It has been following the bearish trendline for a while now.
Recently, a higher low as shown was created. This could be the first signal that the trend is on its way to reverse.
Note that further indications are needed to clearly suggest the trend has truly been reversed.
Firstly, there has to be a candle close outside the bearish trend line. Also it needs to break through the next resistance.
If that happens, it is highly likely that
DASHBTC will push up towards the next resistance level, yielding a 10.5% gain.Make sure you set your Stop Loss at an appropriate risk to reward ratio.
Keep an eye on it and good luck!
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