Price Analysis: DASH / USD – Kraken

Summary:

DASH (DASH), begins to recover strength after a strong fall and create a consolidation between $ 135.00 and $ 172.00, more than 20% between those levels, but it marks an interesting structure after breaking the Trend Lines July 2018, which after reaching the $ 200.00, the great resistance of the $ 172.00 became support, so I recommend the following …

Investment:

For the graphic in the frame H4

Intradia

1.- Buy in the support area “A” = $ 172.00

Target 1 = $ 200.00

Medium term

2.- Wait rupture of the $ 200.00 validly and Buy

Evaluate 10% profit takings until resistance “B” = $ 280.00

Stop Limit = Calculate at 3% or 4% as Maximum from the point of Purchase

The MACD and RSI indicators are without divergence and maintain the bullish movement with validity.