Hey guys,
Today I have an update on DSLA. As you can see from my previous DSLA post, I am an early adopter and very bullish on this project. In fact, it is one of my favorite projects in the market to date.
I was also an early adopted of LUNA, my entries were $.29 and $.31. I was looking at this DSLA chart and i knew it seemed familiar, and i finally figured out why. Have a look at the bar chart during the bottoming/accumulation phase of LUNA's run last year. I have shrunk the bar chart to fit DSLA's current chart which leads me to 3 conclusions:
1. DSLA could have an identical run to LUNA, and accumulation was faster than LUNA.
2. The accumulation phase was shorter, and therefor DSLA will not have as large of a run as LUNA.
3. DSLA could still need some more time for accumulation and will double bottom, breaking this fractal.
I think the similarities are strikingly similar, let me know what you guys have to think.
This is not financial advice.
-BS
Today I have an update on DSLA. As you can see from my previous DSLA post, I am an early adopter and very bullish on this project. In fact, it is one of my favorite projects in the market to date.
I was also an early adopted of LUNA, my entries were $.29 and $.31. I was looking at this DSLA chart and i knew it seemed familiar, and i finally figured out why. Have a look at the bar chart during the bottoming/accumulation phase of LUNA's run last year. I have shrunk the bar chart to fit DSLA's current chart which leads me to 3 conclusions:
1. DSLA could have an identical run to LUNA, and accumulation was faster than LUNA.
2. The accumulation phase was shorter, and therefor DSLA will not have as large of a run as LUNA.
3. DSLA could still need some more time for accumulation and will double bottom, breaking this fractal.
I think the similarities are strikingly similar, let me know what you guys have to think.
This is not financial advice.
-BS