No Man's Zone for DASH - No longs, tight if quick short
Cập nhật
DASH is a bunch of mixed signals right now. I will not be going long here.
Why: 200 SMA breached. .786 broken with a move to around 500 in the cards.
Going short then for a quick trade? I'd hold off on that too.
Why: Price at pitchfork support. Additional multiple swing .618 and 1.27 target levels present at 530-510.
I do think price will drop another 15+ from here, but there's not a super place for putting one's stops, and the risk:reward isn't that hot.
So I'd wait 2-3 more days and reconsider a long position if price moves past the 200sma and discussed Fib targets were touched.
Why: 200 SMA breached. .786 broken with a move to around 500 in the cards.
Going short then for a quick trade? I'd hold off on that too.
Why: Price at pitchfork support. Additional multiple swing .618 and 1.27 target levels present at 530-510.
I do think price will drop another 15+ from here, but there's not a super place for putting one's stops, and the risk:reward isn't that hot.
So I'd wait 2-3 more days and reconsider a long position if price moves past the 200sma and discussed Fib targets were touched.
Ghi chú
Downside Target already hit, if quick trade implemented.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.