Thought I'd share some of my charts on the Dash BTC pair. (Note this is a log scale. (I like log scale))
1 D chart
For some while now Dash has been trading in a roughly horizontal channel which for some reason I coloured purple. (Early versions of my purple channel have been revised but the idea remains of a rough horizontal trading range. Dash has tested the midline of the purple channel and currently sitting comfortably above it.
Dash has also appeared to climb above another trend line I marked green. To see where that comes from I need to zoom out.
1 W chart
It becomes apparent there is a large bull channel which can be drawn, in green here. Of which the green trend line is the mid line. Can Dash stay above that line? It is easy to imagine Dash can test the top of the purple channel from here. Will Dash be able to climb out yet? I suspect we might have to wait for evolution and then assuming all goes to plan, climb out to another new higher plateau. Perhaps if evolution looks baked in, then the run up will start early..
Are there any updates about evolution that can be shared? Anyone?
edit: I tweaked the charts slightly
