$DASH
DASH surged to a key level nearby, and the volume confirms it really does look the part ๐ But what I fear most is a fake breakout used to lure people for short-term gains. If it holds above 56.5, itโs more likely to be bullish. Only if a pullback doesnโt break the midline is it truly strong. If it canโt get above 60.6 and it does so on shrinking volume, then thatโs a โhow to sell off after a spikeโ lesson. Watch the closing candleโdonโt focus on momentary spikes that pierce through; a real breakout is one it can hold. If it canโt hold, itโs basically giving targets for breakout-chasers a wink ๐คญ
DASH surged to a key level nearby, and the volume confirms it really does look the part ๐ But what I fear most is a fake breakout used to lure people for short-term gains. If it holds above 56.5, itโs more likely to be bullish. Only if a pullback doesnโt break the midline is it truly strong. If it canโt get above 60.6 and it does so on shrinking volume, then thatโs a โhow to sell off after a spikeโ lesson. Watch the closing candleโdonโt focus on momentary spikes that pierce through; a real breakout is one it can hold. If it canโt hold, itโs basically giving targets for breakout-chasers a wink ๐คญ