Dash Market Structure

By Oligon | structure_trading | 29 Jul 2019


Price is currently undergoing an impulsive-corrective market pattern and respecting structure levels. The last corrective wave had a lot more sideways action and for a longer period than previous corrective waves, which signals to me that buyers are stepping in slowly, however we can see that sellers are still in control after a massive sell off at the last resistance level (0.01177). There is a minor support level around 0.01080 that could serve as an opportunity for buyers to show if they are taking control and personally until the botton of that swing low, it could be a nice investing setup to buy Dash.

 

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structure_trading
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