POLONIEX:DASHBTC   Dash / Bitcoin
460 5 6
Describe what you think and why.
i think it's a bit early to short dash, unless you are for a short term trade. i think shorting in the next weeks would be better, that's just my opinion
+1 Reply
embeddedthought PRO altcoins_trading
It very well could be too early. What do you see in terms of this coming week?
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altcoins_trading embeddedthought
i think it will consolidate then more up and test ATH, maybe 0.058-0.059 (best case scenario) then dump back to 0.025
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i agree with the idea, its a horozontal S/R point id like to see a pull back to 19x support. It may not though, overbought can be bullish, and it may stay up, I do think the bounce would be up from 19x, well see. I believe it depends more on BTC price. Remember in less than a month Zcash is out. XMR is also anon coin so I anticipate a similar move. XMR would be at AUG 8th or so according to chart if both follow same fractal.
+1 Reply
I agree that it may not but I'm leaning more toward seeing the bounce up from 19x as well. Like you said, I believe BTC will determine what happens here. Check out this XMR pattern playing out.
snapshot
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