Crypto Contest December 27: Dash
Dash (DASHUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Dash began a wave one advance on November 2. The red wave one finished on November 12, and the red wave two correction ended on November 13. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on December 20, and the red wave four correction ended on December 22. If this wave count is correct, Dash should be heading next towards the December 20 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the daily chart, Dash is most likely in the red wave three (blue sub-wave v). The red wave three began on November 2.
(Chart courtesy of Tradingview.com (log scale))
Looking at the weekly chart, I believe Dash is currently in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
In the monthly chart, Dash is most likely in the red wave three (blue sub-wave iii).
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Dash is digital cash. Here is a video "DASH in a Nutshell" by Boxmining.
(Source: YouTube)
If you think this analysis is correct, upvote this post and upvote the comment "Dash will takeout the December 20 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Dash will drop below the November 13 low".
If you think Dash is in a range, upvote this post and upvote the comment "Dash will stay in a trading range between the November 13 low and the December 20 peak until January 27, 2018".
You can upvote the comment until 3 PM EST December 28 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
Bonus
I will be sending one Trophy Token to everyone who manages to get these crypto contests right seven times in a row. If/when you accomplish this, please contact me at Steemit Chat with your BitShares address.
Dash will stay in a trading range between the November 13 low and the December 20 peak until January 27, 2018 (32 voters as of 3 PM EST December 28: helikopterben, ace108, twinner, freiheit50, me-tarzan, jznsamuel, heroic15397, osmanbugra, catena, lucasgabd, mprgrmmr, tzap90, cryptotem, cassidyandfranks, richard78624, diebitch, starline, freskil, ahinga, me-do, mihail.tsvetkov, ragnaros, yefet, incrediblesnow, koskl, amfid4846, cliffy32, lakov, napkin, margaritaradkova, barbadosso, kanoe).
You won.
Dash will takeout the December 20 peak (31 voters as of 3 PM EST December 28: bleujay, lydon.sipe, bentleycapital, fitinfun, simonjay, abh12345, eirik, glennolua, crokkon, reconnectnature, flemingfarm, dlina-v-metrah, digitalking, dirty.hera, gregory-f, mgood, costanza, toofasteddie, carlosdaniel, criptorafa, coolthings, plumygg, deaconlee, andy23, heidelbaer, portillo, nordina, elisablogs, arpepa, utkarshvarma, lucky-elephant).
Dash will drop below the November 13 low (2 voters as of 3 PM EST December 28: mirda, gunsmithing).
Ok - so if these guys have to spend all this money each month? How can we get it over here to steemit? utopian io? Something else?
You mean how to get Dash advertising dollars to Steemit platform?
Is that what it is? In the video he talks about them having to spend money each month and looking for projects.
Yes. If you listen to the video at 4:30.
Dash: owned it, traded it.... regret it? Yes.... and no - did well with the alts I got but it's fun to keep an eye on.
There is no need to regret if you traded it. There is always a new opportunity waiting around the corner.
lol - to say the least! I'm just finally having the fog clear a bit a realizing how much of this is going on. Very interesting for the accounting part of my brain :)
Bull market is a very forgiving teacher.
Hey! I'm doing fine with the steem/sbd rise and drop, and rise and drop :)
Good to hear.
It is very important to stick to what is working best for you.
Dash will drop below the November 13 low
dash will drop ...
Thanks hamet,
Please upvote the right comment.