What Goes Up, Must Go Down.
DASH has been in a brutal downtrend back down to prices seen in 2015 & 2014. Current candle is near the mid-point of the channel and that tends to form trend pivots. Some interpretations:
Bulls- Strength buyers are looking for a breakout above the channel.
Bear- Panic stink bids at the bottom of the channel.
Swing Traders- Looking for reactions off price action raid levels.
Disclosure. The author does not own any DASH.
