This is my updated analysis for $DASH, seems like we have a new uptrend signal kicking off today. The action is very explosive and suggests immediate upside. The weekly targets are potentially 2, $280.3 and $646.28.
The quarterly chart implies that upside to $757 is possible too. I am long $DASH, and will look to ride this trend as best as possible while it lasts. The fundamentals of many altcoins present opportunities, specially when paired against a $BTC short, so, it is a good time to trade the BTC ratio pairs.
Comparing $BTC's current scaling and sentiment exhuberance risks, with other offerings in this space risks, which are better in your opinion? Comment below.
Best of luck,
Ivan Labrie.
The quarterly chart implies that upside to $757 is possible too. I am long $DASH, and will look to ride this trend as best as possible while it lasts. The fundamentals of many altcoins present opportunities, specially when paired against a $BTC short, so, it is a good time to trade the BTC ratio pairs.
Comparing $BTC's current scaling and sentiment exhuberance risks, with other offerings in this space risks, which are better in your opinion? Comment below.
Best of luck,
Ivan Labrie.
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$DASHUSD's chart
We have a very explosive uptrend here, we can add on dips after today's close.
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I think all altcoins are at risk due to BTC's situation and the insanely elevated broad crypto market situation. I will watch from the sidelines in all coins until August 1st or later.
