DASH Analysis: Extended 5th & Wedge & Chanel

in dash •  7 years ago 

SUMMARY

DASH is sporting a spear straight extended wave 5. This means that the correction could go towards the prior wave 2. That's about 20% below current levels. The wedge pattern breakout is leading to a lower low; targeting that wave 2 zone. Current price activity is confined with parallel lines and channeling.

The subwaves show that the wedge breaksdown into abcde that are complete. The channel can also be labeled as abcde and the last e wave seems to be in progress. The prior wave 2 zone is at around $253 and E wave could complete around there.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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  ·  7 years ago Reveal Comment

nice

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  ·  7 years ago Reveal Comment

HaejinPost7.png

Nice plz boot me and i am you all post boot me

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Complete analysis of the trend lines, but do not trust, you can not always predict, although I thank you for publishing this information, it is very useful as a guide and it will save me time. Thank you.

nice@haejin

Nice clean analysis

¡Hola @Haejin! Gracias por el analisis, un fuerte abrazo

Thanks for the crypto currency news, people around need it.

nice very useful tips

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