Dash, like most other cryptocurrencies, managed to rise just above the slow moving average on the weekly chart and draw a buy signal from the MA cross on the daily chart.
Thus, technical conditions were obtained for closing the positions for sale.
At the same time, the local upward trend from $ 400 to almost $ 800 yesterday was broken.
To buy, it is better to wait for the upward turn of the slow moving average of the daily chart (and of course the rate should be higher than it).
Based on the prevailing technical picture, now a flat is most likely, without an obvious and prolonged trend.
In this regard, the most preferable position is outside of the market.
Thus, technical conditions were obtained for closing the positions for sale.
At the same time, the local upward trend from $ 400 to almost $ 800 yesterday was broken.
To buy, it is better to wait for the upward turn of the slow moving average of the daily chart (and of course the rate should be higher than it).
Based on the prevailing technical picture, now a flat is most likely, without an obvious and prolonged trend.
In this regard, the most preferable position is outside of the market.
