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Take a closer look, what happen of Dash & ETH after sags situation and forecast medium long period of time. First of all, nothing is good at present because of slumping abruptly with high trading volume that would kill confident of investors.
Let talking about Dash first, when the price dropped below $200, it’s a sign runs away possible as soon as you can. From the chart shows inside the green box is a follow through process from now on is still not sure about isn’t completely yet. Normally, rebound a little bit is no surprise of that. All about of emptiness and powerless emotions surround the market dominant investors feel and decision.
Irrational behaviors would be causing investors done something unwise such as dump all of it and suddenly flip side as a seller.
Chart shows a pairs of horizontal lines as a channel that region could be trading range for a while. It let time go by, head & shoulder pattern would be confirmed when the other side of shoulder shape complete; if the price rapidly up & break the top of channel but the downtrend resistance line have to stop or kills that pulse madness force. Another downtrend resistance line probably is the halt of this big correction wave. However, price climbing back to the channel then the market sentiment clam down and let volatility rest it. I bet at least of two weeks or more than a month…