- Indicators pointing to an upward price move along the recent trend line - RSI, MACD, and Ichimoku also showing signs of upward trend.
Indicators looking good. The green lagging line of Ichimoku cross the candles in the same upward direction, but an upward direction it did cross indeed. I'm placing a small bet on this one and see how the indicators play out for Dash. I'm looking to take profit at 1600 should a surge erupt though with my broker's spreads, I should probably HODL.
Generally I've found Dash to be the more volatile of the major altcoins.
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Staying above the trend line for now . . . .looking to reach above 1215 in a day or so
@balbers, The green cloud is a part of a set of indicators called the "Ichimoku" cloud.
You can use the cloud a couple of ways:
- support and resistance
- ensuring the blue and red line do a cross over above the cloud if you are looking for a upward trend.