DASH/BTC, Bullish BAT pattern, potential 18% move
This is my 2nd ever chart that Ia m publishing, so I am DEFINITELY NOT A FINANCIAL ADVISOR!
the 0.886 fib coincides with 200 MA on 4 HR, so supplementing with this harmonic, I think it is a sufficient confluence. Keep in mind that after this move, I expect further retrace, so keep a tight SL in case it does not hold (due to something like btc pumping). I was long on it since 5776 and added at 5819, sold 7250ish and planning to rebuy back in and then sell the top of this move to buyback down lower again.
Additionally, I think it is a great longterm HODL (eventhough I think HODLing is stupid, this is one of the few exceptions). It is ranked quite high on CMC and does insane volume and is down about 97% from its ATH in USD, I am currently taking advantage of the swings but it is a coin i have been monitoring the past 2 months.
Please like and follow if you find any of this useful.
the 0.886 fib coincides with 200 MA on 4 HR, so supplementing with this harmonic, I think it is a sufficient confluence. Keep in mind that after this move, I expect further retrace, so keep a tight SL in case it does not hold (due to something like btc pumping). I was long on it since 5776 and added at 5819, sold 7250ish and planning to rebuy back in and then sell the top of this move to buyback down lower again.
Additionally, I think it is a great longterm HODL (eventhough I think HODLing is stupid, this is one of the few exceptions). It is ranked quite high on CMC and does insane volume and is down about 97% from its ATH in USD, I am currently taking advantage of the swings but it is a coin i have been monitoring the past 2 months.
Please like and follow if you find any of this useful.
Comment:
still looks good, seems like it will hit my price to re-enter lower
Comment:
Seems to be playing out perfectly and entry point seems to have been quite perfect as well