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x2012cit
Nov 28, 2017 1:49 AM

DASH Mid-term Target Long

Dash / US DollarBittrex

Description

Dash is about to complete the 5th wave in its move up. It is currently in a bullish flag touching support. We are trading on the 1.618 fib line long-term so be aware that it could bounce down. If we clear this resistance however, 700 is a conservative target.

Trade closed: target reached

Comment

looks like it may be forming a symmetrical triangle which would mean it should continue its move up.
Comments
x2012cit
We might move down to the $580 area where the yellow demand zone and the 4-hr trendline (white) meet before the bounce occurs.
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