Dash stabilised

Dash on 4 hr time scale, log price scale versus bitcoin.

Dash appears to have stabilised at levels mostly around the top half of that pink channel which seems to mark a pretty good trading range for accumulation. A break above that pink channel would be very bullish, meanwhile it has already recently broken back into the top half of that range.

I suspect it is quite likely Dash will break above the marked wedge but perhaps stay within the top of the pink accumulation channel for a while longer. Of course it can drop too but so far brief spikes down to the bottom of the pink channel have been quickly bought.

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