THELOGICALINDIAN - Dash amount DigitalCash is trading with a absolute bent adjoin the US Dollar and Bitcoin and now DASHUSD needs to breach 185 for added gains
Dash Price Rise
It looks like Dash amount gained solid bids abreast $155-160 breadth adjoin the US Dollar. As a result, there was an upside move, and the amount was able to ascend aloft $170. During the upside move, there was a breach aloft the $172 attrition and the 100 alternate simple affective average. At the moment, the amount is trading abreast a above attrition at $184-185.
The $185 attrition chock-full the upside move on a few occasions, so it won’t be accessible for DASH to bright it. Once there is a breach aloft $185, there can be an upside move appear $195-200. On the downside, there is a appropriate bullish trend band formed with abutment at $177 on the alternate blueprint of DASH/USD. The trend band additionally coincides with the 23.6% Fib retracement akin of the last wave from the $156 low to $184 high.
A breach and abutting beneath the trend band abutment could burn a alteration appear $173. However, the best important abutment is abreast the 50% Fib retracement akin of the aftermost beachcomber from the $156 low to $184 aerial at $170. The $170 abutment is additionally accumbent with the 100 alternate simple affective average. Buying with a breach aloft $185 can be advised with a bound stop beneath the trend band support.
Hourly MACD – The MACD for DASH/USD is mostly neutral.
Hourly RSI – The RSI for DASH/USD is able-bodied aloft the 50 level.
Intraday Support Level – $177
Intraday Resistance Level – $185
Charts from Poloniex; hosted by Trading View
