Cryptoknowmics
2022-04-07 11:03:35

DASH Technical Analysis: The Trend Of Sellers Has Persisted

The positive trading period in the DASH market is coming to an end. At least sellers make their presence and strength clear. The downward trend, which sellers began in May 2021, has not been reversed. The recent local growth wave, which buyers started on 7 March, stopped near the upper trend line of the falling channel. So far, buyers have not even been able to touch the critical liquidity range of $149. This range now plays a key role in shaping a new medium-term growth wave. If buyers can take it under control – the DASH growth will continue to $250. https://www.tradingview.com/x/XMV7YZu4/ However, now in the weekly timeframe, we see a disappointing situation. During the trading week on 4 April, sellers completely absorbed the weekly candle of 21 March. It is worth noting that the weekly candle of 21 March was closed on a large scale. It took sellers much less effort to completely offset the efforts of buyers. This indicates the unwillingness of buyers to keep the price in this range. In this case, the probability of the DASH wave continuing to fall to $88 is extremely high. The main problem is that the $88 mark can only be the first target on the way to the $68 global target. To fully confirm this scenario, sellers should take control of a local critical point. Which one? we will consider this in more detail on a daily timeframe. Technical Analysis Of DASH On The Daily Timeframe https://www.tradingview.com/x/4fGqW6s9/ Analy...

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约