My last post on $DASH was here, in which I was looking for a major turn lower. Now, we got that and then much, much more. And so much more in fact that that count is no longer suitable. Reassessing the situation from here is something I do not find terribly easy to do at the moment. I will walk through a few things.
In the broadest possible view, the structure looks like a 3-swing move. We went down, we went up, then we went down. And so we can conclude that it’s a corrective structure, and so let’s label it as an A-B-C:
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