VWAP value, smart money harmonic, pivot points, harmonic pattern is based on hidden pivots which are calculated. This harmonic actually predetermined the drop for today.
Black arrows pin points to what comes next.
Bullish Contraction
DASH had recently experienced a pull back that brought it back from its key support level that was manufactured on the 9th of November 2022.
We are taking this long with leverage as it is well defined with a clear exit strategy at or below a key level of significance.
The asset is showing bullish convergence as none of the oscillators suggest buyer exhaustion.
We can see that dash touched the trendline and we are in great support
We can enter betwean 28 $ 28.5$
And targets are
31$
38$
54$
140$
🚀🚀🚀🚀🚀🚀⌛️⌛️⌛️⌛️⌛️
Dash since January 2014.............
A coin that didn't even flinch the last "bull run", accumulating for a whole year.
Currently free at 33$
I just wonder what are they preparing for..........
Binance Will Support the Dash (DASH) Network Upgrade & Hard Fork
2023-12-14 04:35
After a sweep for liquidity below the $30 level on the monthly timeframe, we are starting to see a bullish sentiment. We broke structure at $28.72 and now we are waiting for price to retrace into our Recliamed daily Order Block at $32.70
More updates to follow
Based on the little tower of resistance, the price of Dash looks to be around 245$ in Q1 2024.
Time to make some decent money... There are times to buy and there are excellent times.
The only question is ... Do you want to enter now, or you want to buy it at higher prices.
Corrective is done IMO... Alts are pumping, only the matter of time when this will pump too.
Elliott is there. and he says 5/3/5 corrective is over.
2nd thing we need is impulsive structure to confirm the bottom.
Then absolute send for a wave 3.
Targets?
Too soon <3.
Could this DINO coin show some sign of life.
5 3 5 is there, but are there buyers?
Definitly , i can see clean 5 waves twice which is good.
Impulsive/motive breakout upwards that is happening right now could signify the bottom.
ETFS?
Dash has been in a markdown phase since Jan 2018. Retracement to the .618 level will be -99% from the top. Let's be patient and see what happens when price reaches .618 level.
Elliot wave is a little funky on this one lol.
