DASH appears to have approached the peek of it's Automatic...

... Rally on the Weekly. The PS and SC are much more accurate on the Weekly than the Daily when using Wyckoff's rules for Long Term Analysis. I'm going to say SHORT for now. Will confirm this after I look at Heikin-Ashi candles. They will be posted in comments shortly.

Will provide a Heikin-Ashi chart shortly for DASH. I'm getting to sleepy to finish ETHUSD. Will do it after I wake up and get a few things done around the house.

Heikin-Ashi candles are indicating more of a reversal to the downside than a continue uptrend on the weekly. I would say we have pretty much peeked on the weekly but it's not quite finished yet. Less than 24 hours to go on it. I'm definitely SHORT on DASHUSD for now.

Commento:

Good morning, good day and good night, All.

Commento:

IMPORTANT UPDATE for DASHUSD: Once seeing how DASH has pretty much ridden this accumulation channel for several days on the Daily TF, it looks like it too may take a leg up soon (Breakout) similar to ETHUSD.

Do NOT think I'm saying DASHBTC will take a leg up. I'm not saying what it would do because that will ALSO be left up to the value of BTCUSD as things play out. Hence, my focus is on DASHUSD and ETHUSD.

They both (DASHUSD & ETHUSD) look like they should take a leg up (breakout) soon. How soon? Who knows...

Commento:

Commento:

Does this mean buy now? No, it means keep a watchful eye and you may want to go to lower TF's to have a look for a smart entry.

Commento:

KEEP IN MIND, My SHORT announcement for dashUSD was for the short term. This one will be worth getting into for a long in the near future.