Crypto Contest January 16: Dash

Crypto Contest January 16: Dash

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Dash (Poloniex: DASHUSD) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, DASH began a wave one advance in January 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2019. If this wave count is correct, DASH should be heading next towards the December 2017 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Zooming out in the monthly chart, I believe DASH is currently in the red wave three (blue sub-wave iii). The red wave three began in January 2015.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Dash describes itself as digital cash that aims to offer financial freedom to everyone. Coin Bureau reviewed Dash back in October 2019.

(Sources: https://www.dash.org/)

How Will Dash Trade?

Dash (Poloniex: DASHUSD) weekly chart by Tradingview.

(Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices.

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• DASH will takeout the June 2019 peak

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• DASH will drop below the December 2019 low

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• DASH will stay in a trading range between the December 2019 low and the June 2019 peak until February 21

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Answer the question at dpoll.xyz.