We 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...
... beginning of 2013? Which see:
If we blow past $60.49, FOMO may REALLY kick in. Geeeeeez! Hard to say where DASH is going if it blows past $60.49 into the $70's.
For whatever reason, TV's hyperlink function is not working properly. You have to copy and paste the link in your address bar of your browser in order to navigate to it without an error. I'm...
...we stand a chance of seeing consolidation on a red "Weekly" candle. This is according to my FIB RT to 1.618 seen to the far right on the Weekly TF.
I would like to give a word of "caution..."
If Bitcoin continues to run bullish up to $1,276 "AND" DASHUSD remains in the $28.50 to $29.50 range, don't be surprised if DASHUSD has a red consolidation candle on...
I had also mentioned we were heading up to the $22 to $25 range. Which see:
It's still very possible we only have a minor consolidation here between $22 and $23 and continue up to $25 before having a major consolidation (dump) to approximately the $17.60 to $18.25 range .
Lately, it has taken time for liquidity to build up in the order books on DASH from...
LOL
I like the way DASHUSD is looking... I'll post 2 to 4 more charts after posting this 4h TF publishing...
I did add "another" Pitch Fork on top of another. I will send that "older" Pitch Fork to "Back" in the next chart I post; where the new Pitch Fork is bolder.
The next couple days I think something will move all of these.
We can follow the ltcusd fractal I posted, or the btcusd fractal that has us retrace up higher. Obviously we are approaching a movement based on the current compressed waves, decreasing vol, massive alt pumps making no sense and the top resistance we are near now for multiple big coins. Coupled with...
I provided FIB RT's for current consolidation/accumulation phase towards next big event.
I left a pricer marker in top right corner in Green: $24.951646218 By June, 2017
Close up of FIB's:
Even closer:
I'm neutral on this one for now because I have BEEN in it for a while. Is it possible we could go down for another Test (Consolidation) or continue our trek upward. They bands are certainly tightening. Which means volatility coming soon. I'm beginning to believe it may be to the upside more. What say you?
Then yes, we may have some more consolidation. ...
... Rally on the Weekly. The PS and SC are much more accurate on the Weekly than the Daily when using Wyckoff's rules for Long Term Analysis. I'm going to say SHORT for now. Will confirm this after I look at Heikin-Ashi candles. They will be posted in comments shortly.
Will provide a Heikin-Ashi chart shortly for DASH. I'm getting to sleepy to finish ETHUSD....
Dash seems following BTC correction; after the complete ABC black pattern i'm looking for the red ABC move, pointing to the lower channel. In that point we should look at the price action for a possible bounce or a breakout of the lower channel.
All the criptocurrencies seem following BTC's uptrend. Dash too after a long correction is creating a new leg up. Now it is in a resistance area. Possible pullback expecting a new leg up. Buying pressure increasing on MACD and bullish divergence.
