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.
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False breakdown came to pass as predicted. Now let's wait for the pump. It will come!
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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.
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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.