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Analysis

Dash with a bullish set up - Elliott Wave analysis

Hello traders,

DASH has five waves up from the lows into a wave A/1, so more gains can be expected for a wave C/3. That said, before bulls continue higher towards 100 area or higher, we still need to watch out for a bigger and deeper a-b-c corrective decline into a wave B/2 that can retest the 54-38 support area.

Invalidation level is at 31 lows.

DASH, 4h

Trade well!

 


 

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