DASH has been very steady, avoiding a drop in yesterday's initial crash. This has attracted many investors who rushed in to chase security.
In this process, DASH also omitted retracement before going on Wave 5. Now at $800 it's already at the 1.618 level. Normally, this is already shaky. Indeed, in my previous post I set the target to $800.
I think at the next crash, either today or sometime before Monday, DASH will be implicated as it gets over-extended. The more over-extended it gets, the more weak hands rush in to chase "safety", the harder the correction.
Nonetheless, this is only Wave I on the longer term. By mid/late-Dec, I expect $1k.
In this process, DASH also omitted retracement before going on Wave 5. Now at $800 it's already at the 1.618 level. Normally, this is already shaky. Indeed, in my previous post I set the target to $800.
I think at the next crash, either today or sometime before Monday, DASH will be implicated as it gets over-extended. The more over-extended it gets, the more weak hands rush in to chase "safety", the harder the correction.
Nonetheless, this is only Wave I on the longer term. By mid/late-Dec, I expect $1k.
Kommentera:
Btw, I think before Monday BTC will crash.
