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
Comparing
Best of luck,
Ivan Labrie.
Note
Trade closed manually
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.Related publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.