DASH: Higher Highs Can Lead to This Pattern
SUMMARY
In a prior update, I had projected $376 and price put in a V-Neck bottom at $380. Price has risen in what looks to be an impulsive manner. The overall correction of DASH is quite similar to that of VERGE with the sideways WXY combination.
A closer look for the subwaves show that IF the current minor correction is an abc of 4th wave of an impulse, then wave 5 should take price to around $703. This means that wave 4 abc correction can't overlap with wave 1 and if that occurs, this call becomes invalid.
A forward discerned Head & Shoulders is showing that the Left Shoulder and Head are complete with the Right Shoulder potentially in progress. The completion of wave 5 would match well with this projection. Volume also confirms quite well, thus far. So, following this minor abc correction; let's see if the $702 can be tagged.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Good to see it trending up. As long as we see volatility in the stock markets, that should be great for cryptos.
Bearish possibility
Hmm agreed if it happens then this will be good for all of us, thanks for updating us...
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I'm hoping DASH has a good run in 2018 since I made a shit entry point, which turned it into a mandatory HODL ha!
HODL, don't be a weak hand ;-)
Hell yeah! These hands are forged from Granite son!!!
Will it make you feel better if I tell you I've some positions on margin since $1,447.2?
maybe a little!!!
Ouch. I certainly wouldn't feel better knowing your position was at 1447. You could always dollar cost average. DASH will be an incredible coin. It is really picking up steam with it's use.
its recovering slowly so hodl strong :D
GOGOGO ETH :D
Great post such a big big strong post
How ur able to give so amazing analysis!
his main job ;)
have high respect for people like you who keep updating these kind of posts for knowledge 👍
Hello there .great post.I have followed and upvoted you.lets help each other grow together.cheers