Using the Fibonacci Retracement we should see Dash push to $6k per coin during the next bull run. However, there is an even more bullish scenario for Dash if the 5 wave Elliot Structure holds true in a super cycle. In which case, we could see Dash trading for $34k per coin
Borrom supoort at the strong floors of 46 area.
This bull run is going to be incredible; we are going to be on the way to the moon; put your big money in y’all and hold it.
The Dash chart is in a multi-year correction, however the price action remains strong. It is a great place to start accumulating coins for a major bull run.
The following content is machine translated:
In the 4-hour chart, the short-term trend is currently showing a correction, and the lower support is near the rising trend line.
The indicator macd is about to die, and the RSI indicator is trending downward and will reach the neutral 50.
Summary: The pattern trend is bearish and the indicator trend is bearish. Now...
Welcome Hyperspace Travelers,
Time to enter the next stage of the experiment.
The Blank Canvas of Cajun.
Cycle 1.
Thanks for Pondering the Unknown with Me,
Glitch420
Hi Traders
DASHUSD (Daily Timeframe)
Waiting for the upward break of 53.30 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 39.30 would cancel the bullish scenario.
Trade details
Entry: 53.30
Stop loss: 39.30
Take profit 1: 61.75
Take profit 2: 75.40
Score: 5
Strategy: Bullish reversal
A long term view for DASH
The previous break out was due to a relatively large ascending triangle
The top resistance of this pattern can be used for a following pattern of a symmetrical triangle, which is much larger and yet to break out
Similar top points above the hammer
Both patterns are bullish
Daily timeframe
A measured move on DASH break out is $70 & ETH is the yellow comparison & wants dash at $54 right now. Should play nice with BTC close to breaking $22k.
