Here is an idea for Dash. We can see that the downtrend shares some similarities with the last one years earlier.
Now this of course is based on the premise that BTC does a strong correction after reaching the top of this rally.
If BTC however does not do a strong correction, then this fractal idea is invalidated.
Nonetheless, it would be interesting to see it play out like this, because this would be a very strong bullish setup.
A double bottom and retest of previous resistance is indeed very bullish longterm.
I see this coin, like other altcoins, at quite insane prices during the peak of the next bitcoin hype cycle.
Now this of course is based on the premise that BTC does a strong correction after reaching the top of this rally.
If BTC however does not do a strong correction, then this fractal idea is invalidated.
Nonetheless, it would be interesting to see it play out like this, because this would be a very strong bullish setup.
A double bottom and retest of previous resistance is indeed very bullish longterm.
I see this coin, like other altcoins, at quite insane prices during the peak of the next bitcoin hype cycle.