Will DASH leave its 700-days-lasting sideways-range?
3 reasons why I’m long term bullish on DASH’s chart 📈
✅ first higher high was printed since the drop
✅ first higher low was printed since 2018
✅ volume at Binance & other important exchanges and RSI is rising
A weekly or monthly close above the 3 monthly resistances (which are placed between 108-116 USD) would mean a final confirmation to me.
Fun fact:
- The bear market was lasting exactly 350 days.
- The sideways-range took twice as long as the bear market, so 700 days !
- IF the next bull-cycle will last as long as the bear market, we probably could reach about the 1000-USD-level, which would be a plus of 888 % from now on! Here DASH will hit on its 61.8% Fibonacci-retracement (of 2018’s downtrend) and a weekly open/close resistance.
Hope you enjoyed this analysis and are also a fan of DASH and its fundamental potential as “digital cash” / paycoin.
Have fun and stay safe! 🙏
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Disclaimer: This is no financial advise! Every trader takes its own risk.
✅ first higher high was printed since the drop
✅ first higher low was printed since 2018
✅ volume at Binance & other important exchanges and RSI is rising
A weekly or monthly close above the 3 monthly resistances (which are placed between 108-116 USD) would mean a final confirmation to me.
Fun fact:
- The bear market was lasting exactly 350 days.
- The sideways-range took twice as long as the bear market, so 700 days !
- IF the next bull-cycle will last as long as the bear market, we probably could reach about the 1000-USD-level, which would be a plus of 888 % from now on! Here DASH will hit on its 61.8% Fibonacci-retracement (of 2018’s downtrend) and a weekly open/close resistance.
Hope you enjoyed this analysis and are also a fan of DASH and its fundamental potential as “digital cash” / paycoin.
Have fun and stay safe! 🙏
.
.
.
Disclaimer: This is no financial advise! Every trader takes its own risk.
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