Dash - Usain Bolted To $1,568. What's next? Target of $1,950-$2,200 AFTER Consolidation

in #bitcoin8 years ago

Dash hits $1,568 while the world barely noticed, gaining 500% in 45 days.

Dash sprints to $1,568 quietly under the radar while everyone talked about XRP, IOTA, EOS. Dash creates a beautiful 5 elliot wave count first.

Now we see possible channels forming where the two buy zones show a symmetric triangle possibility of breakout up or the other scenario, breaking down to form a descending triangle.

We factor in all possible patterns that can emerge during consolidation and plan for the best and worst case scenarios to avoid surprises. The goal is to plan entries and exits in advance.

Dash is a coin to keep on your radar. Keep a detailed spreadsheet of all possible upcoming breakouts to filter and funnel leads down the pipe as they come.

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

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Please always remember we trade using probability and not all trades are winners. We manage our risk with stop losses and try to win over time. Those that don't understand this, and expect only to having winning trades, will always lose money over time.

The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

I'm not a financial adviser, nor am I giving you any tips on when to buy, sell, etc. I'm simply stating my opinions and what I personally look for. Those that follow my trades blindly and don't understand risk management, will always lose over time. I manage risk differently. Not all trades are winners. We manage our risk with stop losses and win over time. Even if we've entered at a similar price, I can micro manage my risk, by shedding, adding, reducing, etc, but those calls aren't made. Therefore despite entering near the same price, I may come out well ahead while you may take a loss, even if we exit at the same price when the market goes against my call. Remember, I always profit OVER TIME, and am not focused on winning every single trade. As long as we win more than we lose over time. I want to be very clear so you understand the outcomes will always be different even if we take the same trade. I MANAGE RISK and see this game as a probability. Therefore, be forewarned.

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Nice analysis. That is some nice connection to Dash. Can you fix your microphone though?

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
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