I separated the course of dash in time cycles and then I analysed the different relative gains in these periods.
You can read my conclusion in the text-box.
It seems that the price of dash in the current period won´t change to its beginning (292$) - relatively.
This is also the Fibb Retracement 38.2% - blue pointed line.
The green arrow shows the mouvement of the course of dash I expect in the next hours till octobre 25 or so.
If I´m right there will be a good opportunity to buy around 263$.
From 263 to 292$ are 11% - not to bad for only some days.
On the other hand there is still the risk, that Dash will fall under support at Fibb 23.6%.
One has to take risks or to wait at least 1 day to see if my conclusion was right or not.
You can read my conclusion in the text-box.
It seems that the price of dash in the current period won´t change to its beginning (292$) - relatively.
This is also the Fibb Retracement 38.2% - blue pointed line.
The green arrow shows the mouvement of the course of dash I expect in the next hours till octobre 25 or so.
If I´m right there will be a good opportunity to buy around 263$.
From 263 to 292$ are 11% - not to bad for only some days.
On the other hand there is still the risk, that Dash will fall under support at Fibb 23.6%.
One has to take risks or to wait at least 1 day to see if my conclusion was right or not.