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DASH : Analysis Shows Correction Bottom Could be Near by hahajin

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· @hahajin ·
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DASH : Analysis Shows Correction Bottom Could be Near
**SUMMARY**

When drawing chart patterns, I do take liberty in cutting out or ignoring some price wicks as you can see, the tallest wick is not considered for the pattern or Elliott Wave counting. The September correction showed an upward pointing wedge as shown in below chart. The Hurry Up & Wait syndrome has been in full effect. This is when the impulse moves near vertical and the correction phase slows to a crawl. 

With Cryptonians are well aware of how deep retracements can be but also how quick the impulse can go vertical.
<center><img src='https://s17.postimg.org/g3tbzn2in/Screen_Shot_2018-03-06_at_11.21.02.png'></center>
***
 Given how hard the sellers tried to beat down Bitcoin; they had depleted all their bullets.  The early recovery of the September correction also looked very corrective in that it seemed very three wavish.

 Still, there is a scenario for a one more slightly lower low if price wanted closer proximity to the Apex.
<center><img src='https://s17.postimg.org/4rgqhv1jj/Screen_Shot_2018-03-06_at_11.20.52.png'></center>
***

**Legal Disclaimer**: This post is for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this post has been researched and is thought to be reasonable and accurate, I cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
<center><img src="https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV"></center><center><img src="https://steemit-production-imageproxy-web.s3.amazonaws.com/U5dt8BFauhjGURqh8Rn38guHXV9gmrZ"></center>
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