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DASH Multi-Cycle Bottom Ramblings

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KRAKEN:DASHUSD   DASH
I think DASHUSD has found bottom and is about to embark on its next impulsive wave. Wave 3 is exactly 161.80% of wave 1, which is an amazing confluence!
  • Wave 2 retraced to .618 (nice) but the next wave correct to 0.5-0.55 (with manip/fakeout)
  • The multi-year downturn has formed a bullish wedge (RSI wedging too which is nice)
  • Up & Onward

I do think the price will lag some vs RSI. So keep an eye out on a bullish RSI reading over the next couple of months and then followed by some positive PA.

Cheers!
İşlem aktif:
I was hoping we'd see a double bottom against the lower side of the falling wedge but I guess support is stronger than anticipated. It's looking good!


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.