📊 📈Could DASH be next to boom? I see Class A Bullish Divergence 📉📊

joeyrocketfilms (56)in #dash • 6 years ago (edited)

Could be nothing, could be something, either way its probably a good time to start setting some alerts for Dash.

We have some class A bullish divergence on the RSI, Macd and stochastic's. Also volume is slowly rising.
This is no guarantee we are going top the moon but definitely noteworthy
bullish divergence - https://www.investopedia.com/articles/trading/04/012804.asp

"Class A bullish divergences occur when prices reach a new low but an oscillator reaches a higher bottom than it reached during its previous decline. Class A bullish divergences are often the best signals of an impending sharp rally".

Could go lower but the 2hr, 4hr and daily charts have the RSI, Stochastic's and MACD pretty low.

Dash hasn't made any big dashes out of its downward trend yet like many of the other alt coins have so this could be a good time to start watching. It did however make a 50ish% move back up into its downward channel but hasn't held onto those gains.

Fundamentals seem strong and the Dash team is working on mass adoption in emerging markets like Latin America which I like
I do not claim everything about them is perfect but they are doing good things for the crypto space in my opinion.
I hold no position in DASH but may take advantage of their next big run when it comes.
Dash is ranked 13 on https://coinmarketcap.com/currencies/dash/

Price has been as high as 0.11361700 sats and $1600
Possible bottom 0.02012
I will start to get more excited when the 50-100-200 day moving averages get under the price
Chart - Binance

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