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This simple comparison seeks to compare the Megabull of 2017 against the current 2021 Megabull as seen as a potential/approximate green path we may follow in this round towards the final ATH. The idea here is pretty straightforward, on the long-term log scale charts, any asset or stock will be bound most of the time within a parallel bull channel. Similarly, I believe the bottom of the bull parallel channel has been well defined through the years, hence the top of the channel should give us a good idea of the ATH targets.
Short-term, DASH has still not broken the previous ATH at $1,600~ so buying know at $400 is still considered an early entry!
In the incoming weeks, I would expect DASH to start defining a short-term bull parallel channel or ascending channel which will be the road to either the $10,000 first Megabull target or the second Megabull target at $18,000-20,000 around Nov-Dec 2021.
Summary of the Megabull / Bull Market Targets by Oct-Dec 2021: $8,000-10,000 (2,500% gains possible) $18,000-20,000 (5,000% gains possible)
Looking ahead at the next bear market, we can expect the final bottom to shape a nice rounding bottom at $1,200-1,900 on DASH!
Bottom line, if you purchase DASH close to the $400 levels, you still can make between 2,500 to 5,000% in gains if this trade plays out as expected.
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.