The extended downtrend in Dash appears to be losing strength, and the recent price action shows signs of a potential shift toward a bullish structure. The current upward movement may represent the early phase of a broader trend reversal — although it is equally possible that this is only a corrective advance before another leg down.
At this stage, Dash is technically positioned for continuation to the upside, but the overall structure still leaves open the question:
Has the downtrend truly ended, or will Dash revisit new lows after the expected upward move completes?
For now, I am leaning toward a short-term bullish scenario, with the following upside levels in focus:
• Target 1: 51.20
• Target 2: 53.00
• Target 3: 56.00
The invalidation level remains at 47.86 — a break below this support would indicate a failure of the emerging bullish structure and potentially open the path for a deeper continuation of the prior downtrend.
Until then, Dash maintains a constructive setup, but with important uncertainty about the long-term trend direction.
At this stage, Dash is technically positioned for continuation to the upside, but the overall structure still leaves open the question:
Has the downtrend truly ended, or will Dash revisit new lows after the expected upward move completes?
For now, I am leaning toward a short-term bullish scenario, with the following upside levels in focus:
• Target 1: 51.20
• Target 2: 53.00
• Target 3: 56.00
The invalidation level remains at 47.86 — a break below this support would indicate a failure of the emerging bullish structure and potentially open the path for a deeper continuation of the prior downtrend.
Until then, Dash maintains a constructive setup, but with important uncertainty about the long-term trend direction.
6+ years in trading. I read the charts like stories and share the ones worth telling
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
6+ years in trading. I read the charts like stories and share the ones worth telling
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.