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DASHUSD trade ideas

Most are not ready for Dash's bull RunBackground It was only little more than a month ago that I was going through some coins I don't normally look at, basically doing my due diligence, when I was struck by the market structure of Dash and now I think the history in addition to its utility as an actual crypto CURRENCY suggest it will do the best out of the old guard of crypto currencies. There may be some upstarts that might out-perform DASH but with the ability to have some chart history we can find previous significant levels and use the fib log channels to our benefit. My linked post will show my history of bullishness on Dash and might lend credence to my claims that I have been beating money out of Dash as well as other currency coins for the last month or so and would explain my relative disinterest in platform coins like ADA, DOT, ETH and such. Analysis The chart shows what I have identified for myself as the Crypto Fractal. Nothing goes straight up but crypto, benefiting from both adoption and quantitative easing and "money printer go brrrr" does about a good a job as we could want an asset to go straight up. From here the blue line charts a path I have seen a lot of premier coins take, like Monero, Link, And Ethereum as they retrace their bear market. Bitcoin was so unbelievable bullish that while the similarities are there if you followed that chart you would probably get surprised by the alts slow movement. One key difference between Dash (and Monero) compared to BTC, ETH and Link is that when it came to the double bottom that defined the market that Dash and monero had lower lows on the while BTC, ETH and Link had higher lows. This means there is some SWAG (scientific wild ass guess) to how I placed my baseline anchors for the zero line on Dash. My self-training and experience tell me that I have done well based on the activity around the 0.5 and 0.236 levels have acted as support and resistance. Further that, the fact that the previous ATH is only off by a few single digit percent from the -0.236 level and the -0.382 level helps define quite well wicking on the monthly chart (not shown) gives me comfort that the fib channel extensions will be very useful. Price Action Moved quickly from the .236 to 0.5 Fib level Consolidated on the 0.382 level which coincides with the bear market high From here, the blue line charts a path were price action Pamps to the 0.618 level, which coincides with the bear trap high Retest the 0.5/$300 Level Form a continuation pattern past the bear trap high Advance to ATH Reject and consolidate. Chart shows last time the drawback was 50%. Only strong hands need apply. Advance to the 1.0 line, reject and consolidate Advance to the next fib level. Now, just incase you think this course is crazy here is BTC doing the same thing, only much faster. If you can't see the major fib levels acting as described above then you should work on that visual IQ. My assumption right now is what ever fib level BTCUSD goes to, DASHUSD will go at least one or two fib levels higher. Here is similar analysis I did on BTC when I was 6 months younger. The TA was really good but I have advance a lot in charting and trading over those 6 months. I am within that 3-5 year timeframe of trading and charting where a lot fo things are clicking together a lot faster. It has been pretty stressful and painful at times, as well as euphoric. Closing thoughts One of my preferred youtubers for cryptocurrency, Steve Courtney of CryptoCrewUniversity just put Dash on his top 5 altcoins set to explode. He has slipped a bit into the formulaic titling and graphic used by a lot of crypto youtubers but the man has been in the game longer than me and no doubt he has had a longer history of sucess over me. The man listed Dash as one of his most undervalued coins. Given his experience and patience he probably needed to have some more conformation than I did before he put his name on it. To a very large extent I trust my charting, especially at longer time frames, that if he didn't mention Dash I would be fine. I was fine the last month beating money out of Dash. I am at the point of my trading career that I count good trades in mortgage payments. Earlier I counted them as days of pay or overtime shifts. I am sure people out there are trading months or years of pay at their last job. But it is comforting to see that someone that is probably pulling my yearly pay out of his trades and investments sees what I see. Makes me think that so long as I don't go fully reee on my margin trades and position size I can quit the rat race soon enough. Please review the linked ideas to get an understanding of how I think and trade before you put on any orders based on my TA. I am not qualified to give financial advice or trading advice...yet.
POLONIEX:DASHUSDLong
by This_Guhy
10