DASHUSD appears to have formed a flag. A flag is a consolidation pattern and usually slopes against the prevailing trend. The trendlines on this flag is almost almost so far which is acceptable. The pole is UP so this would be defined as a bull flag. Possible stop below trendline after a break.
You can project pole up or down from the trendline to get a ballpark guesstimate of where price may go.
A flag can go either way and entry is when price breaks a trendline with a trend in that direction.
No recommendation.
You can project pole up or down from the trendline to get a ballpark guesstimate of where price may go.
A flag can go either way and entry is when price breaks a trendline with a trend in that direction.
No recommendation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.