Dash to $2,400?
Good news: Dash has broken resistance and is likely to see new highs!
Bad news: Once the target is reached, we are likely to see another big retrace.
I would just like to keep track of progress for this coin because I know a lot of people have it as a long-term position. So how much room do we have to go before a big retrace?
Well, wave 3 surpassed everyone's expectations, it was far longer than wave 1, so it has me fairly nervous for how this wave 5 may play out. We may only get to a double top and reverse from there if the wave 5 becomes truncated. But for now, I'm just assuming a 1 to 1 extension on wave 5, that could easily be surpassed.
If each target is reached, the next target is likely to be reached.
Target 1: $1501
Target 2: $1976
Target 3: $2415
Bad news: Once the target is reached, we are likely to see another big retrace.
I would just like to keep track of progress for this coin because I know a lot of people have it as a long-term position. So how much room do we have to go before a big retrace?
Well, wave 3 surpassed everyone's expectations, it was far longer than wave 1, so it has me fairly nervous for how this wave 5 may play out. We may only get to a double top and reverse from there if the wave 5 becomes truncated. But for now, I'm just assuming a 1 to 1 extension on wave 5, that could easily be surpassed.
If each target is reached, the next target is likely to be reached.
Target 1: $1501
Target 2: $1976
Target 3: $2415
ملاحظة
Correction from Dash looks very odd. It may take its time for consolidation. Maybe 2 weeks? It was hard to find supports on this one. Nothing here has changed my targets, they will come. It will just be a while.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.