DASHUSDT new trendchannelsteemCreated with Sketch.

in dash •  7 years ago 

The last wave since Nov 2 (red vertical line) shows nice Fib relations and RSI shows bearish divergence. Therefore a fallback into the blue trandchannel to 700-800 USD is likely before the price of dash leaves it for good to aim at the upper green trendchannel line, which will happen anyway in my view.
But if DASHUSDT -1.22% can leave the blue cahnnel now on the first attempt, this would be an extremely bullish sign.
This reminds me of the situation with ETHUSD 3.52% during the summer months. After a breakout the price fell back into the channel, and a long sideway correction took place.

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