Dash (digital cash) was launched in January 2014 as a fork of Litecoin is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project's white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions.
Anyway, DASH chart is straightforward: an upward phase followed by a correction phase which unfolded in a big descending triangle pattern. Recently, DASH started an upward wave when broke the minor downtrend line, and is going up toward the big descending triangle's upper line. If DASH breaks the triangle, reaching ATH is possible, or even higher. Let's see what happens.
Anyway, DASH chart is straightforward: an upward phase followed by a correction phase which unfolded in a big descending triangle pattern. Recently, DASH started an upward wave when broke the minor downtrend line, and is going up toward the big descending triangle's upper line. If DASH breaks the triangle, reaching ATH is possible, or even higher. Let's see what happens.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.