lowstrife

Get out of DASH. Nasty rising wedge on DASHUSD

Short
lowstrife Updated   
No reason at all to be long on this coin. Huge rising wedge on falling volume. DASHBTC does not exhibit such a clear pattern.

It does have the potential to break to the upside (~$400-500, doubletop DASHBTC @0.125), but I think the risk vs. reward for that outcome is very poor.

With either resolution, we will see $50 tested in the next 2-6 months as the market unwinds.

See my idea below about the bubble before it even happened.
Comment:
Higher lows on the daily now. Much less bearish; needs to break below this series of higher lows to confirm downtrend.

Much undecided right now. Crypto markets are in the balance.

Comment:
Hmm. Dumped to $120, now back where we started.

Crypto, you wild.
Comment:
Wow, still rising... Welp, I think this tried to resolve and rejected. I'd consider this idea failed if it rises much above 240-250.

Crypto, you wild 2.0
Comment:
Rekt.

That's all.

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