Following a 90% correction and oversold condition (orange column) an ‘incredible buy’ opportunity now exists. The Bollinger Band overlay is included on the above 1-day chart to illustrate how overextended price action is, 50% away from the mean (centre black line). This is ridiculous.
Whether you’re looking to increase your Ethereum holdings or are long on Dash/USD, this is a way to do both.
1st target is 0.25 or 225% from current price action.
Dash/EUR is very similar to Dash/USD pair, expecting a return to the previous high, €1000
Past resistance was broken this week. Options (1) wait for support confirmation (2) Dollar cost average in until confirmation.
danirzv
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in your opinion will ETH dump or Dash gonna pump?
without_worries
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@danirzv, Assuming you mean paired against dollars? The above chart is telling us Dash will outperform Ethereum by some way.
You see these swings between pairs all the time, BTC/ETH/ALT - the trick to learn to trade between them. Most folks will be fixated against tracking against the dollar and as a result miss out on huge gains.
vishweshwaran26
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Please do for 'BSV' with respect to BTC and USD. BSV's credibility is questionable but perhaps it has again created Altcoin's dominance just like last year's January.
without_worries
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@vishweshwaran26, Have not studied BSV so I'm not best placed to give an opinion. The ideas I've already published on other tokens are the result of hours of study ;)
I would say clones of BTC are good for speculation and not much more. There is only one Bitcoin that has gathered the network effects. I'm 100% certain the bitcoin clones will not even exist in a few years time.
vishweshwaran26
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@without_worries, Great opinion. Appreciate all your hard work. :) Your identification of All time low STOCKS is priceless to someone who's never invested in stocks, it gives me Hope. :)