THELOGICALINDIAN - Dash amount DigitalCash remained accurate and traded with bullish bent adjoin the US Dollar and Bitcoin and now DASHUSD is attractive to breach a above hurdle at 100
Dash Price Upside Break Likely
In the aftermost analysis, I mentioned that the overall trend is bullish with affairs of added assets in Dash amount aloft $95 adjoin the US Dollar. The amount connected to barter in the bullish zone, and confused aloft the $92 and $95 attrition levels. The best accomplished was a abutting aloft the 38.2% Fib retracement akin of the aftermost abatement from the $108.20 aerial to $90.09 low. It has opened the doors for added assets aloft $100.
Another aspect is the actuality that the amount is currently trading able-bodied aloft the 100 alternate simple affective boilerplate at $97.50. It agency Dash buyers are in ascendancy aloft $95. At the moment, the DASH/USD brace is currently attempting a breach aloft a above bearish trend band with attrition at $100 on the alternate chart. The aforementioned trend line coincides with the 50% Fib retracement akin of the aftermost abatement from the $108.20 aerial to $90.09 low.
So, if the amount manages to bright the trend band attrition at $100, and closes aloft $101, added assets are possible. On the downside, the 100 alternate SMA at $97 may act as a support.
Hourly MACD – The MACD for DASH/USD is placed in the bullish zone.
Hourly RSI – The RSI for DASH/USD is able-bodied aloft the 50 level.
Intraday Support Level – $97
Intraday Resistance Level – $101
Charts from Poloniex; hosted by Trading View
