The price of Dash has retraced to the starting point of an impulse wave, which discards the possibility that the first upside impulse was a wave 1 from a larger degree, because if that was the case wave 2 couldn't retrace 100% as the price did. So we are seeing another corrective wave and it's likely going to be a Y wave from a WXY correction in the opposite direction from the massive ABC move we saw prior. That would all mean that another down move is coming after the Y ends on the upside.
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.