I'm closing my trade here and looking for a nice correction to Fib 0.618 for a bigger run.
Here is my strategy to confirm bullish trends:
I'am creating 3 different fibbo charts:
A: From lowest bottom to previous high,
B: From lowest bottom to All time high
C: From previous bottom to All time high
A: Correction at 0.618 or 0.382 Fib - Confirmed
B: Correction at 0.618 or 0.382 Fib - Let's say X
C: Correction at 0.618 or 0.382 Fib - Let's say Y
If A and B and C are all confirmed we can confirm the bullish trend and look for the upper fibo levels.
Let's make a logic equation:
if A and B and C are all must be confirmed, B and C must be confirmed at the same time.
Let's look at the chart:
(Please note that these are the approximate numbers, close to our prediction)
X can be whether 500 or 400
Y can be whether 500 or 400
So both theorems match. This is a great think, DASH is one of the safest coins and has a really healthy chart!
Let's watch for 500 and add more if it drops to 400 :)
To determine my exit points I always look at Fibo B and Fibo A:
Wow they match!! :))