Dash failed to hold .055 daily support. Unless a miracle happens. I expect it'll make new lows on the weekly. When you look a the weekly it formed a rounded top. Very bearish.
Just something to be aware of. It may validate or not. Just refresh chart to fix the obv
Very simple chart. If the percentage gains from roughly 1200 to 3000 replay. Then I'm looking at around 5800.
In my opinion, if you're looking to buy long term wait for the target around 0.057
Bitcoin maybe showing signs of topping off. This will signal a trend reversal. The rsi is showing a descending triangle. We also have a rising wedge on okcoin btc usd.
We had a huge dump as you can see, and a 76% retracement is looking likely. If its a reversal then I would expect to go higher than 76% and hold.
I'm not expert trader at this stuff. But one thing I keep seeing repeating is every upswing always gets capped. Whales only want to take price so high before dumping again. We had plenty of times when we could of went much higher but cause whales put 1000+ ask walls up we dont.