FlaviusTodorius67

Dash, an underrated coin!

Long
POLONIEX:DASHBTC   Dash / Bitcoin
Looking at Dash, one can find a really underrated coin here.
Not only has it always performed well in the past, but it has still almost not pumped in this new BTC rally.
Almost completely unpumed, while DashBTC is falling to new local lows.

I see a giant falling wedge , and it could do a classic false breakout of the wedge to the downside, panicking many, tempting to sell their Dash,
only to rebound soon after and start a gigantic rally.

It is by the way only a matter of time until the new altcoin rally season will start. Could be tomorrow, or in 2 months, nobody knows,
but I think we shall see some epic action very soon. And Dash is an interesting coin for anyone that isn't yet invested in altcoins.

I will look at other coins in the coming days, which still have potential in this rally, as they have almost not pumped yet, and have shown
good past performance.
Comment: False breakdown came to pass as predicted. Now let's wait for the pump. It will come!
Comment: Here's an update on this one:

DashBTC also created a nice bullish divergence, and since it's an altcoin with real utility, why shouldn't it pump? EVERYTHING will pump during an altcoin season, so there is no need to worry :)

It will be sudden, swift and unexpected. When?

Sometime in the next 2-6 weeks is my guess.
Comment: Seems like it's starting. In general, altseason is starting now, and Dash will pump like crazy, since it has been too undervalued due to the SEC doing their usual BS.

But the coin has a really good usecase and intrinsic value and will therefore perform well this rally imho.

Comments

Sub $100 dash will be extinct soon
+1 Reply
Thanks. What do you think xrp?
+1 Reply
@FlaviusTodorius67 when do you think Dashbtc will breakout? I think April

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Any update?
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seems invalid right ?
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Thanks for this analysis. But do you think this current pump will continue if Bitcoin price falls from where it is?
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@FlaviusTodorius67 When is the pump coming u think?
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@FlaviusTodorius67 The pump will either be this month or in March
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Any updates?
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