Dash / BitcoinLong
DASH is hitting the clouds 3 times as resist-Good Trading Setup
You are looking at 4 Hr Chart DASHBTC.
righto! First off, I am using the Ichimoku to quickly find the good opportunity as you can see on the chart the price have bounce back so many times on the cloud as resistance.there is a high probability of getting over to the other side of the cloud if the candle closes off inside the cloud (KUMo Edge to Edge) and it will bullishly go up as this is called KUMO break out.
I still recommend to approach with cautions, so I suggest to put your entry and stop loss as shown on the chart.
Happy Trading.
righto! First off, I am using the Ichimoku to quickly find the good opportunity as you can see on the chart the price have bounce back so many times on the cloud as resistance.there is a high probability of getting over to the other side of the cloud if the candle closes off inside the cloud (KUMo Edge to Edge) and it will bullishly go up as this is called KUMO break out.
I still recommend to approach with cautions, so I suggest to put your entry and stop loss as shown on the chart.
Happy Trading.
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