klosec

The trend reversal.

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POLONIEX:DASHBTC   Dash / Bitcoin
2
So long red candles are typical to a downtrend on DASHBTC pair. The channel is already formed. There are no fundaments for Dash growth at the moment so I expect it will continue down to 0.014 or possibly even 0.011 level. Despite the market cap, the volume on Dash is still very low and there are almost no non-speculative use-cases. I'm shorting DASH since 0.0166 and until the upper border of the channel visible on the chart will not get broken, I expect to close in the 0.011-0.014 zone.

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