dongwon0308

DASH - Long term: Multiple Scenarios

Long
BITTREX:DASHBTC   Dash / Bitcoin
Green = Bullish Scenario (Highly Unlikely - approx. 5% chance)
Yellow = Unbiased Scenario (Extremely Likely - approx. 70% chance)
Red = Bearish Scenario (Somewhat Likely - approx. 35% chance)

Dash likes to aggressively spike on the way up and down. Hence, you need to be in the trade before the breakout.

The support and resistance zones, visualized with rectangles, are your accumulation and distribution zones. These levels can be used for ping pong strategies.

As of today, the best trading strategy to trade DASH is to scale your buy orders (give more weight to lower prices), and to stay in the trade until it enters the resistance zone which is your sell target. This will take less than 4 months.

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