π DASH has broken out of a descending channel by forming a W pattern, which typically indicates a higher probability of a bullish move.
πIf DASHUSDT manages to break above the resistance level, it could signal further bullish momentum. However, if the price experiences a pullback, traders may anticipate a bounce from the bullish OB area. Confirmation of this bounce could be sought through the formation of a bullish engulfing candlestick pattern.
πOn the other hand, if the price breaks below the bullish OB area, it may be prudent to avoid trading DASH at that time, as it could indicate a shift towards bearish sentiment in the market.
πIf DASHUSDT manages to break above the resistance level, it could signal further bullish momentum. However, if the price experiences a pullback, traders may anticipate a bounce from the bullish OB area. Confirmation of this bounce could be sought through the formation of a bullish engulfing candlestick pattern.
πOn the other hand, if the price breaks below the bullish OB area, it may be prudent to avoid trading DASH at that time, as it could indicate a shift towards bearish sentiment in the market.
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