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jbennyco
Jan 27, 2020 6:22 PM

Double Bottom 

Dash / United States DollarCoinbase

Description

Not financial Advice: DASH on the daily have provided a double bottom, with a head and shoulders in the RSI. If you are into elliot wave theory, we may have closed the ABC regression and are on the start of wave 1 for the next leg up. This could be very rewarding over the next few months. I also believe we have closed on a bullish pennant. As well, I have drawn the potential move up, from the breakout of the last bull run, which would effectively take us to a higher high.
Comments
Stonks_Up
yes this bullish pennant is what I am noticing as well. May I ask what your target prices are to sell if and when the price goes on another bull run?
jbennyco
@Stonks_Up, I am not confident in price predictions, but I have drawn (in blue) a projected flag from the previous break out to the new high of the price, which would take us roughly to the 160's if I have done it correctly.
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