THELOGICALINDIAN - Dash amount DigitalCash acquired abundant bids adjoin the US Dollar and Bitcoin DASHUSD bankrupt key attrition levels and now positioned in the bullish zone
Dash Price Support
In the aftermost analysis, we discussed that if there is H4 abutting aloft $90, there can be more gains in Dash amount adjoin the US Dollar. The amount did accomplish an upside move, and bankrupt the $90 akin to authorize an uptrend. To bang alpha the trend, it aboriginal austere the 61.8% % Fib retracement akin of the aftermost abatement from the $95 aerial to $79 low. Later, there was a breach aloft a above bearish trend band at $98 on the alternate blueprint of DASH/USD.
All the mentioned break afire a assemblage aloft $110, and the amount was able to alike bright $125. A new account aerial was formed abreast $136 afore the amount started a correction. The best allotment was a abutting aloft the 1.618 addendum of the aftermost abatement from the $95 aerial to $79 low. During the contempo downside move, the amount found support aloof beneath the 50% Fib retracement akin of the aftermost beachcomber from the $94 low to $136 high.
It has already started affective college already afresh and currently positioned aloft $110. On the downside, the $105 and $100 levels are able supports. As continued as the amount is aloft these, there can be an upside move aback appear $135.
Hourly MACD – The MACD for DASH/USD is abbreviation the accepted bearish slope.
Hourly RSI – The RSI for DASH/USD is aloft the 50 level, and affective higher.
Intraday Support Level – $105
Intraday Resistance Level – $135
Charts from Poloniex; hosted by Trading View
