POLONIEX:DASHBTC   Dash / Bitcoin
DASH/BTC is trending downwards .
I project a support and accumulation zone being hit at .6187 From this point I expect a three wave support test, and a subsequent bounce upward with volume towards the resistance cloud. At the .765 mark I expect us to see a three wave test, and move up further into the resistance cloud before distribution takes over and we see a small, low volume turn. This appears to be a clean buy opportunity in a Wychoff "D" phase. Also notable is the clear Elliot Wave progression at this time - but that will be another subject another time, as we're working on Wychoff phases for now.
Comment: We need to pay attention to the lower support cloud. I'm getting my pennies ready to place a long on DASH. Its slow, stable, easy money.
This is great analysis. Keep up the good work!
Reply
@CryptoByDAY, I appreciate it! Thank you very much. I'm also glad to see it's trending the way I projected... lets make easy money!
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