Trading signal for DASH

The price reached a new low and we got a reversal from 400.00 support level. The bullish divergence and the reversal candlestick pattern give a trend reversal signal. RSI confirms price reversal in the oversold zone. MACD histogram supports a new upward movement. DMI still confirms the power of bears and for buying it will be better to wait, when ADX line starts falling. For further upward movement the price will have to break the downtrend line and 500.00 resistance level. In order to get the solid signal for opening long positions, it’s better to wait for a breakout above 500.00 level. We can buy above 510.00 with stop orders at 330.00 level. The profit targets are 750.00 and 1000.00 levels. The part of trade volume can be left for target at 1500.00 level.

Cryptocurrency Exchange: #Bittrex

Buy Price: 510.00
Stop-Loss: 330.00
Take-Profit: 750.00
Take-Profit: 1000.00

Recommended Trade Volume: up to 15% from your deposit size.