Dash
Short

A very dashing channel!

Updated
Firstly, that title is not funny, and I'm not sorry about it. One day my daughter will see what her Dad's been posting on the internet and the dead look in her eyes will make my life complete.

So I spent the last few hours examining our old mate Dash again.

And I have some really excellent news for @Dashtothetop...

DASH is, in fact, at the top!

Congratulations! You must be so thrilled, it's like attaining Nirvana or something.

How are you going to celebrate?


Well, I'm going to celebrate by putting a massive short on it and then laughing continuously for the next 12 months. I may break into the occasional cackle, but you have my word that I fully intend to keep it relatively under control.

And so I judge spite to be the greatest motivator out of all emotions which govern man's ability to ruin Christmas for everyone they love. Amen.


In all seriousness, that is a pretty good channel, if I do say so myself. And Dash is an absolute nightmare to wave count. I've tried before, but never from the absolute start.

it's worth pointing out that it's a very long channel I've lined up, and the merest mouse twitch can see the top move by over $1000 (today's date), so we may have some room left yet. That being said, let us note:

  • The 'C's line up perfectly. Almost as if this coin was mostly traded by precise algorithmic autonomous machines of some description.
  • The fib lines also line up very well at various important points.
  • The volume is a better indication than all those lovely lines, numbers and colours put together. We've had our 3, the pump is done. Head for the hills! Burn the commies (XMR)! and whatnot.
  • Calm down, nobody makes money when they're excited. Have you forgotten all that bitcoin you lost when you were excited? Well then.


Oh and PS. I've always really liked Dash both as a concept and a coin. It's one of the oldest cypto's and one of fairest, I'm sure it will do extremely well. I just don't think it's quite worth four billion dollars just yet. If the internet still works in 2019, I'll be hodling it all day long.

Then again, visa had trouble this weekend according to my bank when I called up to find out why my card didn't work. VISA!. Anyone fancy a spot of hill-heading? I'm just shorting this 15,000LTC, first then I'm good to go.


Note
I'm really p1ssed tradingview somehow got hold of my indicators again, I deleted them off the chart this time!! Ah well, I'm not re-posting. It's quite a painful experience. Took longer than it took to make the bloody channel.
Note
oh and for anyone who thinks LTC is going up... use 1 week candles. Seriously.
Note
ATTENTION INTERNET.

I BELIEVE I MAY HAVE BEEN QUITE INCREDIBLY WRONG WITH THIS PREDICTION.

Today I found out why Dash never goes down. It's the most stupid, simple reason you could ever think of, and it's so goddam obvious.

I'm an engineer ffs, I can't believe I didn't see this sooner. But then, I've never really had to move money between exchanges until today.

Now then, let's make this abundantly clear.

DASH WILL CONTINUE TO RISE LONG AFTER BTC HAS DROPPED. IT WILL REACH PREPOSTEROUS LEVELS OF VALUE. HONESTLY. UNTIL LIKE MID JAN THERE WILL BE NO OTHER ALT WORTH HAVING*.

I'm pretty sure about that anyway, it's quite a claim I know, but I can't see any other way for this to go, right now.

Forget charts, TA, indicators and anything else, just move some coin between exchanges, you will quickly catch on.

Bah so unfair, been in this game over 2 years and I've never bothered before!

have a nice day.

* except all the good ones, that I've already got. pivx, monacoin, xmr etc. Eth is on an express elevator to hell, goin down**, to quote Aliens. I always wondered about that, I mean, it's not going to go up now, is it?

** I think maybe 0.015? if it's been a good boy all year. And it hasn't it's been a rubbish excuse for a world computer.
Elliott WaveFibonacciTrend Analysis

Related publications

Disclaimer