CryptoKraze here
In this post I am going to cover technical analysis of Dash for Scalp trade. I am using tradingview charts and price linked to Bittrex exchange. Let' have a look on technical aspects of Dash.
Possibility on 15 minutes Chart
If you look at the 15 minutes chart, you will see a bullish divergence has formed. RSI is well oversold so it is time to take entry for scalp trade or even medium term trade. Price is touching the lower bollinger bands and there is nothing wrong in picking this for scalping.
- I will just enter here and add another position below 950 and my profit target will be around 1100 or above.
- Stop loss just below entry is must for trading if you don't know the Averaging Technique in Crypto Trading.
Have a look on my other Posts
Bitcoin Correction Almost Done - Get Ready for Boom
Vibrate (VIB) Technical Analysis
Komodo (KMD) Getting Ready for Another Leg Up
If you like my posts and analysis and want me to add analysis on more cryptocurrencies, let me know in comments and I will add analysis
Disclaimer
Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose.
