Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision.
The Dash is likely to face resistance at $650 from the 20-day EMA and the trendline. I believe that If Dash manages to go above these levels it will rally to the next resistance level around $840 which is the 38.2 percent Fibonacci retracement level of the recent fall from $1590 to $370 and where 50-day SMA is located now.
On the downside, $450 can provide us with some support.
Hence, I recommend buying Dash when breaking out the trendline. The profit objective is a move to $840.
The Dash is likely to face resistance at $650 from the 20-day EMA and the trendline. I believe that If Dash manages to go above these levels it will rally to the next resistance level around $840 which is the 38.2 percent Fibonacci retracement level of the recent fall from $1590 to $370 and where 50-day SMA is located now.
On the downside, $450 can provide us with some support.
Hence, I recommend buying Dash when breaking out the trendline. The profit objective is a move to $840.