Since 2018, dash has formed a parabola, which is now looking confidently up.I took a fractal from the last bull market, but the hike to the goals can be anything. A rally to 6-7k for a coin is most likely, as indicated by fibonacci, beam bands (taking into account the fact that when approaching the current peak by bb (2500), it will grow as in the last cycle, and eventually it will grow a couple of times).
The moneyflow is in the green zone for 12 hours, it has just moved to the green zone at daily tf. Dash didn't even start a bull market at weekly time frame.
Given that the bull markets of cryptocurrencies depend on bitcoin, and the length of the bitcoin cycle grows quite solidly each cycle (for example, 40+ percent increase in the length of the cycle, as it was in 2017, compared with 2013), we can say that these scenarios for closing dash targets in the first half of 2022 are quite possible. If the cycle lengthens by 40 percent again, it should end just in time for summer.
The second scenario was developed taking into account the channel in which dash is located from the very beginning. But I see it as too bullish and would not hope for such prices. Capitalization will be too large (more than 300 billion) But at the peak of the bull market, this is also possible. In any case, closer to 6-7k, we need to look at the general market situation to understand whether we will rise even higher.
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@gigabyte3d, still valid, of course fractal of previous bull run don't work, but targets and parabola still valid.
R1geMan
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@gigabyte3d, I have update, but it is on russian)) I will update this idea o English also soon
upsididitagain
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Dash is dead brother. Avoid it. Your technical analysis is good but apparently you don’t know enough about the coin. Technical analysis = astrology. Nothing more
R1geMan
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@upsididitagain, I have made 20x on etc, when everybody told me, that this was dead coin)) May be dash will not reach his ath, but looks more perspective than solana and cardano, for example, in this period of bull cycle
upsididitagain
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It is all about the exchanges. If Dash hits its ATH, Binance goes bankrupt. They constantly put pressure on OGs. It is all fixed against us. The whole crypto market is now scam
MattiasCrypto1996
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@upsididitagain, lol doge was on OG coin and made me 200k from a 3k investment. Its all fixed against people who are not patient.
I have been on Dash for a year and watching its price action all the time. It is run by bots. No organic price action. Once again, it is all fixed against us.