Strategic outlook: DASHUSDT has broken through the “icy bottom” zone of 17.34 and also moved above the EMA200 on the larger timeframe, opening up a very wide potential upside range.
After breaking above the weekly MA200, it rose to the 78 area. It then reset and successfully defended the 49–50 zone. Right now, the price chart is sitting halfway!
If I have to choose a fairly safe (weak) coin with a price fluctuation range that can be tolerated, I would choose DASH, which is just now starting to stir after a prolonged hibernation period. I wouldn’t go into #ZECUSDT / unpredictable, uncertain price movement—where momentum analysis and money flow are all in the hands of the big guys.
I’m waiting for DASH to accumulate momentum, observing at the next milestones 75 -78-85-105-150...
P/s - Disclaimer: The opinions are for educational purposes only, to help test and reflect on yourself, not investment advice. Manage risk and discipline your own capital!