DASH Bull/Bear Triangle Analysis
Dash / Dollar (calculated by TradingView) POLONIEXASHUSD
Hi everyone, so here is a DASH analysis for crypto traders
First of all, we've the blue line that is the downtrend from daily chart , this is a hard resistance that DASH have to the next few days
As we know, BTC push the another altcoins, and BTC is on a bull movment, so this make me feel excited to the altcoins, so let's talk about DASH
an triangle has ben formed with 3 ascends and descends tops, my guess is that DASH will cross the resistence up, but the second one (in blue) that worry me, cause it's a downtred channel that need to be crossed, and i think that this BTC resistance (9700.00) beeing crossed, the alts (DASH) wil have a great oportunity to grow up.
ADX/DI - This one has the best news, the green line crosses the red one and de dx line is going up, this means that we might've a great uptrend coming up
MACD & RSI - They both are neutral not bearish or bullish , so this put the triangle position in a bear/bull divergence more atractive, but my opinion is that'll be bullish
So that's my analysis about DASH
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TY and good trades!