Dash coin is falling is it time to buy?

Dash coin is falling is it time to buy?

Dash coin had a good run for about 2 weeks. The rally up to 10.25 was great but now its falling back to earth. 6 weeks ago the price was 850-8.75 now the price is creeping back down from 10.25. Do i think you should buy Dash at this time? Its really hard to tell rite now because the price has become stagnant. Dash could be finding resistants at 8.90 and then continue onto 9.10 and above. The 2nd possibility is a down trend down to 8.50 range again.

Lets take a look at the chart.





The last 36 hours for DASH has been a ride from 9.28 to 8.90. Its a scary ride and my advice is to wait until you see a change in trends. If you look at the start its sort of flat lined basically staying even. Think of the candles as stairs if it looks like the stairs are going up that is call a bull trend. If the stairs are going down that is a bear trend. When its flat like it is now you have to look at the entire chart and see if its going down overall that will give you some idea on what will happen next.

Now is not the time to invest into Dash for sure. Keep watching it and if it continues to go down and level out again that may be the time to buy. Remember when reading my topics about trading i only give you advice based on research and market analysis. Please only use this as a guide and do not hold me responsible for any losses. Keep trading and if you have any questions leave them below.


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