*THE PRICE HAS ALREADY END AN EXTENDED 5 WAVE CYCLE. *WAIT FOR THE RETRACEMENT ZIG ZAG PROCESS. *FIRST TGT NEAR THE 38.2% FIBO LEVEL *SECOND TGT NEAR THE 61.8%
So far shorting would have been a terrible idea like I had said. Dash is going to make NEW ATH's and likely head to 550-650. could even shoot for 800 but thats a lot... but hey only like .5-1million coins not tied up in master nodes and other investors wallets. Coin cap is 7.5million coins with almost 5mil tied up in masternodes.
reneordosgoitia
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@Dashtothetop, Hey is just an opinion of the chart information.
Padlomfaan
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@reneordosgoitia, Dont tell people to short crypto. Tell them to sell and wait for a better long entry. Come on bro. You're being irresponsible. The only thing shorting often does in a bull market is it helps to provide liquidity to whales who are buying but don't want to run the price higher to quickly... So those who suggest to short something that is actually about to go up makes me think you have ulterior motives.
Its more than just an opinion of the chart information. You're leaving out all the important details of risk, that I had to come here to lay out.
reneordosgoitia
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@Dashtothetop, The importance of the chart information beyond your feelings.
Padlomfaan
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If you think dash is going lower than sell your long position. But DO NOT SHORT ANY CRYPTO IN A BULL MARKET! That is a recipe for disaster. Sell here, and wait to buy back in lower. But do not short cryptos unless you have pockets as deep as bill gates. Thank me later.
If you want to short crypto, just do it yourself, but to broadcast this idea as if others should do it to, is irresponsible at best, evil at worst. Simply advocate to sell your long, but DO NOT GO SHORT!
jar17
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I think DASH has a strong support level at 300 USD, thanks for this idea!!