T
toknormal
Guest
Hi
I posted this elsewhere but thought the observation was significant enough to "put about" a bit.
Dash is entering a new Bull cycle at the 1-Week chart range. EMA crossover was a couple of weeks ago (See last white circle).
There have been 3 full trading cycles at this chart range since the first major capitalisation of Dash in 2014 (then Darkcoin) with the bull phase (10 week EMA above 21 week) lasting longer each time and the recovery lasting about 40% to 60% shorter each time. The last bull phase (blue segments at top of chart) lasted nearly a year and launched off a price level of around 0.0085 back in October 2015 (See middle white circle).
We are now starting a new bull cycle of the 1-Week EMA (longest range available on BCW/Cryptowatch), this time launching off a price level of 0.014.
Enjoy the ride
P.S. This is Dash/BTC, coin to coin exchange rate, the most unfavourable measure to Dash of the 3 typical comparisons: BTC Exchange rate, Marketcap & Dollar Value.
P.P.S. If you've got a big monitor, widen the browser window to get an eyefull.
I posted this elsewhere but thought the observation was significant enough to "put about" a bit.
Dash is entering a new Bull cycle at the 1-Week chart range. EMA crossover was a couple of weeks ago (See last white circle).
There have been 3 full trading cycles at this chart range since the first major capitalisation of Dash in 2014 (then Darkcoin) with the bull phase (10 week EMA above 21 week) lasting longer each time and the recovery lasting about 40% to 60% shorter each time. The last bull phase (blue segments at top of chart) lasted nearly a year and launched off a price level of around 0.0085 back in October 2015 (See middle white circle).
We are now starting a new bull cycle of the 1-Week EMA (longest range available on BCW/Cryptowatch), this time launching off a price level of 0.014.
Enjoy the ride
P.S. This is Dash/BTC, coin to coin exchange rate, the most unfavourable measure to Dash of the 3 typical comparisons: BTC Exchange rate, Marketcap & Dollar Value.
P.P.S. If you've got a big monitor, widen the browser window to get an eyefull.
