Dash has formed a triangle and we should be waiting for the nest direction to show up. (Upward or Downward with 50/50 probability)
As you can see on the chart below (daily chart), since the all time high at $1530, Dash has been in the correction phase and formed a downward trend, hardly noticeable but downward.
The last 9 days of Dash market formed a triangle which means, that we reached a critical point where bulls and bears should decide who will be ruling for the next term.
Let's take a look at 4H chart:
As you can see, we have a same picture here - with the lower highs and higher lows the forming of a triangle can be confirmed tomorrow. After that the price can go to the either direction from the beginning of the new year.
Let's wait and act accordingly
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Note that Dash has been one of the outstanding performers of the 2017, gaining 10 000%, and reaching market capitalization of almost 9 billion dollars. Currently Dash is the 9th largest cryptocurrency in terms of total market cap.
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