Dash (DASH/USD) still in a correction

4 Jun 2018

The price of Dash has retraced to the starting point of an impulse wave, which discards the possibility that the first upside impulse was a wave 1 from a larger degree, because if that was the case wave 2 couldn't retrace 100% as the price did. So we are seeing another corrective wave and it's likely going to be a Y wave from a WXY correction in the opposite direction from the massive ABC move we saw prior. That would all mean that another down move is coming after the Y ends on the upside.