DIGITAL ALPHA Update - Get ready to DashGood Day everybody! This is DA Bull here from DIGITAL ALPHA showing you a coin that we have been watching for almost a month now! We are very excited to let you know about it. The coin here is DASH and we are looking at gains from 90-150% depending on when the breakout occurs.
Currently DASH is testing the 0.382 fib level. Historically it has dipped below this fib level 4 times. 3 out of 4 times the price then tested the 0.786 fib level. We believe this time around we will test that fib level again. The indicators are showing great potential.
EMA 55/89 crossing - last time we saw 100% gains in 5 days when this happened
MACD is at a low - last two time we hit this level we tested 0.786
Volume is low - the is important when attempting to see if a descending wedge is in play
Currently we are still monitoring DASH. We will not be recommending a buy until two things happen. First, the price dips below 0.382 fib level. The second, is a one day close below this line with a green candle. So keep DASH in mind as it might be one of the first coins to pop after BTC rebounds.
Thank you everybody for taking a gander here. You will soon sign us talking about some more coins like this with 100% gain potential. We are watching them all closely and are waiting for BTC to rebound. So everybody get ready!
DA Bull signing off.
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As always - DYOR
Digital Alpha is not a licensed financial planner, financial advisor, stock broker, investment broker, or investment advisor. Before making any trades, check with a financial planner, investment advisor, tax advisor, or anyone else that controls your finances to make sure trading is right for you. The information provided here should not be construed as individual investment advice. All information presented on this site is the opinion of the author only and is not a solicitation to buy, sell, or hold any investment or security of any kind.
