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.
코멘트
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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.
코멘트
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Hmm. Dumped to $120, now back where we started.
Crypto, you wild.
코멘트
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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.