We discussed Dash back on December 16, 2025, when we highlighted strong support within the wedge pattern, marking wave C of an ABC corrective structure. That area acted as a key technical floor, increasing the probability of a bullish reaction.
As we can see today, price is recovering strongly from that support, and the advance appears to be unfolding as wave (3) of a new five-wave bullish cycle within wave A/1. This type of impulsive price action typically reflects strengthening momentum and growing bullish participation. As a result, further upside is favored toward the 100 area and potentially higher levels.
That said, while the broader structure remains constructive, traders should remain mindful of a possible wave (4) pullback, which would be a normal corrective pause before another continuation higher into wave (5). As long as key support levels hold, the overall outlook remains bullish.
As we can see today, price is recovering strongly from that support, and the advance appears to be unfolding as wave (3) of a new five-wave bullish cycle within wave A/1. This type of impulsive price action typically reflects strengthening momentum and growing bullish participation. As a result, further upside is favored toward the 100 area and potentially higher levels.
That said, while the broader structure remains constructive, traders should remain mindful of a possible wave (4) pullback, which would be a normal corrective pause before another continuation higher into wave (5). As long as key support levels hold, the overall outlook remains bullish.
Trade attivo
We discussed an upcoming wave (4) correction on Join the community for one week, full access. Its free >> @ wavetraders.com/elliott-wave-plans/
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Join the community for one week, full access. Its free >> @ wavetraders.com/elliott-wave-plans/
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
