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icexch
9 Th02 2018 17:25

DASH. Re-entry into short from $ 600- $ 700. Giá xuống

Dash / US DollarBittrex

Mô tả

Our previous idea on DASH (see related idea tradingview.com/chart/DASHUSD/8y2xtCrd-DASH-Short-with-a-target-at-400/): a short from $ 800 to $ 400 worked perfectly, without any attempts of the market to test the position for strength.
Now on the chart we see the same picture, only at a lower price level.
In fact, the TA bearishness for DASH has even intensified, as on the weekly chart the rate has gone below the slow moving average, creating a threat of triggering a sell signal there.
Which gives us a re-entry in short.
The price of about $ 600 is already good for this. If you can open a position from $ 700, where the slow moving average of the daily chart is at the moment, then there will be an even better input.
The first target is again $ 400, but most likely this time the fall will be greater and you can count on $ 300.
Cancellation of the idea is if receiving a buy signal from the intersection of moving averages on the daily chart.
We wish you profitable deals!
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