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TristanWallace
Apr 17, 2018 4:43 AM

Dash, RSI bullish divergence. Weekly looks good too. Long

Dash / BitcoinBitfinex

Description

Keep in mind my last few have been stinkers (in my defense it hasn't been an easy market to pick winners). So follow at own risk.

Purely a TA call here. Keep in mind palm beach had this pumping before, so it may have been well overvalued. I would suggest a trailing stop. I haven't looked at anything further in than 4hr graph either.

Only worry is volume is depressingly low.

Bitfinex short and long graphs would support a long call. Weekly graph also looks good (especially macd).

Watch to make sure cupping action can break through loose trend line. Smart money may wait for break but I'm willing to lightly test the waters atm with a small play (also since I only check graphs once a week I don't want to miss anything).

BTC equivalent is at approx 40% ath.
USD is at about 25% of ath.

Also currently watch-listing LISK, QTUM, ICON, ADA.
Comments
TristanWallace
Jesus, that went better than expected hahaha
TristanWallace
Once again watch out for that low volume and those trend lines.
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