RB87
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$DASH : Discount 60% or a path to the abyss? 📉
Remember DASH at $100? Now it's trading at $39. The difference is colossal, but the chart doesn't please the bulls yet.
On the daily charts (1D), we see a classic "accumulation" or "breather" phase after the crash. The price has squeezed into the level of $39.
✅ Plus: We have stopped falling every day.
❌ Minus: The buyer is very weak, volumes are not increasing.
Personally, I am waiting for a reaction at the level of $35. If we hold this level — it’s a great point for a speculative long. If not — Dash risks updating historical lows.
Does anyone else hold this "old-timer" in their portfolio or has it already been written off? 👇
Remember DASH at $100? Now it's trading at $39. The difference is colossal, but the chart doesn't please the bulls yet.
On the daily charts (1D), we see a classic "accumulation" or "breather" phase after the crash. The price has squeezed into the level of $39.
✅ Plus: We have stopped falling every day.
❌ Minus: The buyer is very weak, volumes are not increasing.
Personally, I am waiting for a reaction at the level of $35. If we hold this level — it’s a great point for a speculative long. If not — Dash risks updating historical lows.
Does anyone else hold this "old-timer" in their portfolio or has it already been written off? 👇
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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