Dash, slow but downward shaping trend forming a triangle

in #busy7 years ago

Dash has formed a triangle and we should be waiting for the nest direction to show up. (Upward or Downward with 50/50 probability)

As you can see on the chart below (daily chart), since the all time high at $1530, Dash has been in the correction phase and formed a downward trend, hardly noticeable but downward.
The last 9 days of Dash market formed a triangle which means, that we reached a critical point where bulls and bears should decide who will be ruling for the next term.
image.png

Let's take a look at 4H chart:

image.png

As you can see, we have a same picture here - with the lower highs and higher lows the forming of a triangle can be confirmed tomorrow. After that the price can go to the either direction from the beginning of the new year.
Let's wait and act accordingly

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Note that Dash has been one of the outstanding performers of the 2017, gaining 10 000%, and reaching market capitalization of almost 9 billion dollars. Currently Dash is the 9th largest cryptocurrency in terms of total market cap.

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Good luck to all crypto enthusiasts. Keep your investments diversified and everything will just be all right.

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dash price going high some days later

Maybe. It's 50/50.

I am amazed to read this article because after reading this article my mind becomes open. I am aware, I have been too closed with new things and feel already know. It affected me that I became a Sok Tahu

This article reminds me to keep digging and keep searching for information and new things.
But I have not understood the substance of the positive thought itself as to what and how to make our minds become positive. Maybe in another article can explain a little bit the meaning of positive thoughts.

Thank for your interest and commenting but I don't really understand what do you mean.
Maybe you can express it in different words.

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