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RE: DASHUSD - TECHNICAL ANALYSIS November 17, 2017 - Current Price $ 420

in #bitcoin8 years ago

I believe that Dash will continue its bullish average growth towards the 800 US $, to then cause an abrupt fall to US $ 400 with regular stabilization. The market for cryptocurrencies is still moving under a speculative scheme and I do not think it is stochastic at all. The Bitcoin / BitcoinCash pair will continue its advance with alternating ups and downs, but with a growth envelope for both.

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The Stochastic RSI purely is a tool to measure velocity and strength of a trend which can be a short period or long.

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