I have been motinoring DASH, since it pumped 200% in two weeks. After such a huge, volatile, big move, we usually see some long lasting correction and in this boring period, everybody forget on that strong move to the upside and when nobody cares about that chart, then we see uptrend continuation - I think, that DASH is very close to finish it´s correction, we are moving in some sort of wedge and I think, we will have one last touch of this lower trendline of the wedge, before very strong move to the upside, which should take us at least towards 0,019.
If I had any money for trading, I would go LONG or buy DASH, after buying volume picks up and after price break that falling wedge.
If I had any money for trading, I would go LONG or buy DASH, after buying volume picks up and after price break that falling wedge.
Note
DASH already broke that trendline, volume wasn´t bad, so low might be set.
Note
If you missed buying DASH, it´s too late right now, DASH should finish 1st wave very soon, so wait for retracement.
Note
DASH/BTC is super bullish. I am just not sure, if the correction is finished right now and we will continue in uptrend in 5 waves up, or the correction isn´t finished yet and we will slowly go down, but the outcome is same -> UP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.