Get out of DASH. Nasty rising wedge on DASHUSD

No reason at all to be long on this coin. Huge rising wedge on falling volume. DASHBTC does not exhibit such a clear pattern.

It does have the potential to break to the upside (~$400-500, doubletop DASHBTC @0.125), but I think the risk vs. reward for that outcome is very poor.

With either resolution, we will see $50 tested in the next 2-6 months as the market unwinds.

See my idea below about the bubble before it even happened.

Kommentera:

Higher lows on the daily now. Much less bearish; needs to break below this series of higher lows to confirm downtrend.

Much undecided right now. Crypto markets are in the balance.

Kommentera:

Hmm. Dumped to $120, now back where we started.

Crypto, you wild.

Kommentera:

Wow, still rising... Welp, I think this tried to resolve and rejected. I'd consider this idea failed if it rises much above 240-250.

Crypto, you wild 2.0

Kommentera:

Rekt.

That's all.