DASH: 3 Year Down Trend

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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.


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