See how similar the current bullish break out is on DASH with the one at the start of 2016. Break above the Lower High trend line (dashed line) and the 1W MA50 (blue line). The RSI on the same level and the LMACD on a bullish cross-over below 0.
In the previous cycle, the ATH (then) was reached in August 2016, the current cycle is more stretched (longer) so I am expecting the ATH (roughly $1600) to be reached by the end of 2020.
What seemed like a bad move in October, doesn't seem such a bad investment now. Even though the price broke lower than my expectation:
I am so glad I put the amount of money I did in dash.
TradingShot
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@stevelaz, Glad you did Steve. It was so obvious we were near a Support a couple of months ago.
Tapita
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Hi tradingshot.; You made a prediction with DASH in january that early in march has proved to be terribly wrong. Today 20 march looks like is getting better. Please.try to follow up and update your readers if you think that you have such a good view of the crypto market.
By the way, why no one of you the so called Premium and top Traders have predicted the spectacular growing we have seen in DASH and IOTA. That would have been a nice favour to many of us and an evidence of your unique view of cryptos. Yes?
ceesounds
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@Tapita, listen to this entitled piece of trash. I can't wait when you go broke. Wowza it will be spectacular. You sound like a very troubled person. Now I know the type of losers protesting in the streets.
ReggieKrypto
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I agree with this, the Inflation rate is cutting in April 2020 too.