VCP: 10w 19/4 3c
+ higher lows (but not ascending triangle).
+ Proportional
+ tight consolidation above 21d ema
- below 50dsma
- downward trending RS line below MA
Trade Plan:
Entry: DTL Breakout, starting position.
Risk: ~3%, with stop below $191.88
Add on breakout of current consolidation over 197.81, which is above the 50dsma and can be financed by...
Dash is a semi privacy-focused coin. Anon coins overall have the most user cases, but haven't caught much of investor attention lately due to the rise of BTC and DeFi governance tokens.
Dash has the potential to go 10x and it is lagging behind other top coins/tokens in terms of how far its price is from ATH.
Get in now because of the pullback of entire crypto...
Bitmex's recent lawsuit and bank secrecy act's potential implication to DeFi space didn't seem to shake crypto investors at all.
USDT issuance grew more than 10% in September and BTC is till hanging onto the edge of logarithmic channel.
The recent upward movement can be validated if BTC can close the weekly candle within the demand zone.
