DASH| Possible scenarios
Since 2018, dash has formed a parabola, which is now looking confidently up.I took a fractal from the last bull market, but the hike to the goals can be anything.
A rally to 6-7k for a coin is most likely, as indicated by fibonacci, beam bands (taking into account the fact that when approaching the current peak by bb (2500), it will grow as in the last cycle, and eventually it will grow a couple of times).
The moneyflow is in the green zone for 12 hours, it has just moved to the green zone at daily tf. Dash didn't even start a bull market at weekly time frame.
Given that the bull markets of cryptocurrencies depend on bitcoin, and the length of the bitcoin cycle grows quite solidly each cycle (for example, 40+ percent increase in the length of the cycle, as it was in 2017, compared with 2013), we can say that these scenarios for closing dash targets in the first half of 2022 are quite possible. If the cycle lengthens by 40 percent again, it should end just in time for summer.
The second scenario was developed taking into account the channel in which dash is located from the very beginning. But I see it as too bullish and would not hope for such prices. Capitalization will be too large (more than 300 billion) But at the peak of the bull market, this is also possible. In any case, closer to 6-7k, we need to look at the general market situation to understand whether we will rise even higher.
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A rally to 6-7k for a coin is most likely, as indicated by fibonacci, beam bands (taking into account the fact that when approaching the current peak by bb (2500), it will grow as in the last cycle, and eventually it will grow a couple of times).
The moneyflow is in the green zone for 12 hours, it has just moved to the green zone at daily tf. Dash didn't even start a bull market at weekly time frame.
Given that the bull markets of cryptocurrencies depend on bitcoin, and the length of the bitcoin cycle grows quite solidly each cycle (for example, 40+ percent increase in the length of the cycle, as it was in 2017, compared with 2013), we can say that these scenarios for closing dash targets in the first half of 2022 are quite possible. If the cycle lengthens by 40 percent again, it should end just in time for summer.
The second scenario was developed taking into account the channel in which dash is located from the very beginning. But I see it as too bullish and would not hope for such prices. Capitalization will be too large (more than 300 billion) But at the peak of the bull market, this is also possible. In any case, closer to 6-7k, we need to look at the general market situation to understand whether we will rise even higher.
Follow my twitter! In my twitter i show my path to unicorn startup and upload investing ideas.
Not a financial advice
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