DASH/BTC Elliott Wave TargetDASH/BTC is not at the end at all. After the 2nd dip we will see the last impuls wave according Elliott. The Target for this move ist ~0.19 based on Fib-Retracements and Elliott Wave Theory.
This theory is just valid if we dont see a valid Elliott Correction Wave (A,B,C).
Dashlong
Let's try and head north on Dash / BTC ? Several interesting elements here :
- Nice oblique resistance
- Hitting a former resistance
- 0.786 fib retracement
Target : as high as you can hold the position without fearing it to go downward, patience being bitter and its fruit sweet, shall we say.
Taking long on bitfinex, this does not constitute an investment advice, beware of cryptocurrencies' high volatility. High might be the gains, but tough it is to manage position, having a good idea isn't enough, the hardest part being trusting your idea and not fear realising it until the end :)
May the force be with you tradersview :)
DASH is on an Elliott Wave Growth PatternWe are currently experiencing a sustained 3 wave with constant ,growing volume and no signs of stopping. We should expect sharper upwards movement after a quick ABC retrace which could put DASH around 45-50 in the next few weeks to finish wave 5 of this first cycle.
DMI shows a strong BUY trend ADX over 65 on the 1D chart and an AO reading above 0 since december with no dips to bearish territory.