DASH slashing the KING?
Dash has been underperforming bitcoin ever since the 2017-18 bull run just like all legacy cryptos.
Right before the 2021 alt-season, it had a few weekly wicks down to the 0.0025-27 area and dropped 20% lower than where it had last visited briefly back in 2014.
While BTC was breaking ATH, DASH put in a local low (the green zone) and was supported exactly at the 2014 wick.
I believe the weekly candles are going to turn green in the next few weeks/months and the current zone is the lowest it could go this cycle.
That said, I converted some of my BITCOIN to DASH just to catch this possible bullish scenario.
Right before the 2021 alt-season, it had a few weekly wicks down to the 0.0025-27 area and dropped 20% lower than where it had last visited briefly back in 2014.
While BTC was breaking ATH, DASH put in a local low (the green zone) and was supported exactly at the 2014 wick.
I believe the weekly candles are going to turn green in the next few weeks/months and the current zone is the lowest it could go this cycle.
That said, I converted some of my BITCOIN to DASH just to catch this possible bullish scenario.
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