Hey everyone, After calling a setup on Dash that failed to trigger, the same setup is back a few days later. Looking for more consolidation on lower timeframes and expect it to resume the uptrend soon. Take care, Vlad The Crypto Trader
Dash has been beyond dead in terms of price action. If you take a look at the chart there is a huge falling wedge, highly likely to be broken upwards, as it is usually happens with wedges. The sell volume is disappearing and big buy volume is appearing. It might still not be the time to get in, but the odds are favouring a breakout towards the upside. It's...
Look at that, just look at it, buys hit to perfection for someone... not enough people realise that a lot of coins have existed longer than they were initially listed on some of the newer exchanges. If this is the case, use the exchange (Bittrex here) to chart long term s/r lines.
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DASH, BCC, XMR & ETC trending in an inverse price correlation on BTC drop and accentuated correlation on rise. With Bitcoins dominance (% share of crypto currency market capitalization) decreasing incrementally this could present an opportunity to capitalize on certain digital assets. This model presents a test-bed for BTC capital outflow.