FieryTrading

🔥 DASH 10-Month Falling Wedge: Bullish Reversal?

BINANCE:DASHUSDT   Dash / TetherUS
For over 10 months now, DASH has been trading bearish. During this time, a falling wedge pattern has emerged on the chart. Falling wedges are classically bullish reversal pattern, so that's the narrative that we're focusing on today.

If BTC manages to keep the bullish trend going, I'm expecting DASH to break out bullish in the coming few days. Near-term targets placed at $200 and $250.

On the other hand, further continuation of the chart pattern is still probable. In that case we might see a bullish break out in late April or May. Be patient and keep a close eye on the coming days,=.

Happy trading!

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