Since the major drop that we got early in September, DASH has been trading inside this descending wedge pattern.
With the pattern's outer edges closing in on each other, a break out is becoming more likely with the day. Classically, descending wedges are bullish break out patterns.
In case of a bullish break out, I'm eyeing the $180 resistance area for a potential target.
Happy trading!
With the pattern's outer edges closing in on each other, a break out is becoming more likely with the day. Classically, descending wedges are bullish break out patterns.
In case of a bullish break out, I'm eyeing the $180 resistance area for a potential target.
Happy trading!
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