DASH: Higher Highs Can Lead to This Pattern

in ethereum •  7 years ago  (edited)

SUMMARY

In a prior update, I had projected $376 and price put in a V-Neck bottom at $380. Price has risen in what looks to be an impulsive manner. The overall correction of DASH is quite similar to that of VERGE with the sideways WXY combination.

A closer look for the subwaves show that IF the current minor correction is an abc of 4th wave of an impulse, then wave 5 should take price to around $703. This means that wave 4 abc correction can't overlap with wave 1 and if that occurs, this call becomes invalid.

A forward discerned Head & Shoulders is showing that the Left Shoulder and Head are complete with the Right Shoulder potentially in progress. The completion of wave 5 would match well with this projection. Volume also confirms quite well, thus far. So, following this minor abc correction; let's see if the $702 can be tagged.

Legal Disclaimer: 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
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Good to see it trending up. As long as we see volatility in the stock markets, that should be great for cryptos.

Bearish possibility

Hmm agreed if it happens then this will be good for all of us, thanks for updating us...

  ·  7 years ago (edited)Reveal Comment

Thousands Infected!!! - New Monero-Mining Malware Targets Android Devices!
-> https://steemit.com/malware/@blockchain-group/thousands-infected-new-monero-mining-malware-targets-android-devices

I'm hoping DASH has a good run in 2018 since I made a shit entry point, which turned it into a mandatory HODL ha!

  ·  7 years ago Reveal Comment

HODL, don't be a weak hand ;-)

Hell yeah! These hands are forged from Granite son!!!

  ·  7 years ago (edited)

Will it make you feel better if I tell you I've some positions on margin since $1,447.2?

maybe a little!!!

Ouch. I certainly wouldn't feel better knowing your position was at 1447. You could always dollar cost average. DASH will be an incredible coin. It is really picking up steam with it's use.

its recovering slowly so hodl strong :D

GOGOGO ETH :D

Great post such a big big strong post

How ur able to give so amazing analysis!

his main job ;)

have high respect for people like you who keep updating these kind of posts for knowledge 👍

Hello there .great post.I have followed and upvoted you.lets help each other grow together.cheers

  ·  7 years ago Reveal Comment