Based on the daily chart of Dash we can see a flag chart pattern. It’s a short-term continuation pattern which shows a small consolidation before the previous movement resumes. We should expect for a price breakout above the resistance line of this pattern. Pending orders for buy can be placed at 284.00 level with stop orders below 258.50 level. Profit targets should be at 318.00 and 370.00 levels. If the market drops below the support levels, it will be better to delete buy orders and wait for a new trading signal. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
Profit Targets: 318.00 and 370.00
The trading signal is based on Poloniex chart.