Dash managed to break out of a major downtrend that started in May 2021.
DASHBTC hit a low in June this year and then went sideways...
This sideways phase we call consolidation or accumulation.
We are looking at the weekly timeframe so you know the signals here are very strong.
The breakout is confirmed as DASHBTC moved and closed above EMA50 last week.
The doors are open for mid-term growth above EMA50, that is 1-3 months of bullish action possible above this level.
It can also easily pierced through the red cloud.
We will start 2023 GREEN.
...What do you think?
Namaste.