DSHUSD Is Turning Bullish, But Pullback Can Be Close

DSHUSD is turning bullish on the intraday basis, but pullback can be close, as we see it finishing a five-wave cycle from Elliott wave perspective.

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Cryptocurrency DASH – DSHUSD made a nice intraday bullish impulse away from the lows, which confirms the bottom and bigger recovery at least in three waves (A)/(1)-(B)/(2)-(C)/(3).

dshusd1h

Well, we can now see it finishing wave 5 of (A)(1) at 50 area, so before we will see more upside for wave (C) or (3), watch out for a corrective A-B-C slow down in wave (B)/(2) that can retest 43-38 support zone.

Happy trading!


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