Hello Guys, Here is a short overview for the DASH/BTC. As always never risk more than 0.5% per trade. Otherwise you will lose youre account. Cheers Your Secrets2Trade Team
DASH LONG BREAKOUT, First Target 0.85 at least!
Dash is undervalued after its hard consolidation. The Chart shows a double bottom W formation so probably there will be an uptrend. If enough volume is in the market Dash will continue its uptrend after the W is finished.
DASH is currently consolidating, as we continue to find the $90 level to be supportive. As the market stabilizes, I believe that the buyers will push towards the $103 level above. Short-term dips offer value in building a position in this region is certainly a viable option when it comes to trading. I have no interest in selling, as there seems to be quite a bit...
As we can see Dash is on a nice breakout of it's short-term downtrend. With the MACD sending a buy signal, it's a good opportunity to buy.
Perfect bullish bat has completed, Dash heading to resistance. same pattern happened two years ago perfectly. P&L ratios are shown.
This is what dash looks like after the pump two years ago. Happened to be a bullish butterfly, hit the resistance and went down. How similar we are right now. Histories repeat itself all the time.
Looks like Dash is bouncing off of support with a pretty good size bullish engulfing bar. I also got a buy signal with my Buy Sell no repaint indicator.
DASH/BTC is not at the end at all. After the 2nd dip we will see the last impuls wave according Elliott. The Target for this move ist ~0.19 based on Fib-Retracements and Elliott Wave Theory. This theory is just valid if we dont see a valid Elliott Correction Wave (A,B,C).