Crypto-currency market: DSH/USD forms the head and shoulders pattern

The DSH/USD pair has been trading sideways for the second week, forming a “head and shoulders” pattern, which in the case of a start, working out this pattern will also be the reason for closing the gap in early November.

Sales at DSH/USD should be considered with a break of 160.000 support, which will open the way to support levels and targets: 1550.000 and 150.000. Resistance marks are: 165.000 and 168.000.

DSH/USD chart. The current price is 162.000.

Read also: “Stock Indices: European Union”

Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

Topical articles of the trader’s blog:

1. Dow Theory – Averages must confirm each other!
2. Market activity depending on the days of the week
3. Dow Theory – The trand is confirmed by volume!

Current Investment ideas:

1. “3 reasons to buy  Cisco Systems Inc. shares”
2. “It’s time to hit the jackpot on the sale of McDonalds shares!”