DSTBA

Head and shoulders complete

BITTREX:DASHBTC   Dash / Bitcoin
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Kommentar: Theory says bearish momentum. But I don't see it braking the support line it held since 19dec
Kommentar: First target: around 0.08
What do you mean by "Head and shoulders complete". If there is a head and shoulders pattern that means there is a sign of bullish-to-bearish. But it can also signal that a downward trend is about to reverse into an upward trend.

Can you be more specific with the statement "Head and shoulders complete"?
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DSTBA ilkygul_
@ilkygul_, Going from bearish to bullish, we need to find a REVERSE H&S pattern, which is not the case here.


You can learn the basics here https://www.investopedia.com/articles/technical/121201.asp
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@DSTBA, Thanks for your reply, really appreciate it. We have to be careful when we see a head and shoulders pattern 90% of the time it signals to a downward trend. So what would be your advice, wait till we see a reverse H&S pattern. Or jump right in and hope that the coin will shoot to the stars?
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DSTBA ilkygul_
@ilkygul_, I think now is a good entry point.

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@DSTBA, Thanks for the update, I'm already balls deep in Dash. So fasten your sealt belt and enjoy the ride to the stars
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