THELOGICALINDIAN - Dash amount DigitalCash traded absolutely adjoin the US Dollar and Bitcoin and now DASHUSD has to breach 170 for added assets in the abreast term
Dash Price Support
Recently, we saw the start of an upside move in Dash amount from the $120 abutment adjoin the US Dollar. The amount acquired absorption and confused aloft the $140 attrition and the 100 alternate simple affective average. There was alike a breach aloft the 50% Fib retracement akin of the aftermost abatement from the $181.00 aerial to $120.00 low. It opened the doors for added assets and the amount confused aloft $160.
At the moment, the amount is placed able-bodied aloft the 61.8% Fib retracement akin of the aftermost abatement from the $181.00 aerial to $120.00 low. It agency the amount may anon analysis the $180 beat aerial in the abreast term. On the downside, there is a new abutting bullish trend band with abutment at $158 basic on the alternate blueprint of DASH/USD. An antecedent abutment is about the 23.6% Fib retracement akin of the aftermost beachcomber from the $120.00 low to $171.26 high. Moreover, the accomplished attrition at $150 ability now accommodate support.
Buying dips in the abreast appellation are advantaged for a move appear $180. On the downside, the $150 akin is the best important support.
Hourly MACD – The MACD for DASH/USD is about to move aback in the bullish zone.
Hourly RSI – The RSI for DASH/USD is able-bodied aloft the 50 level.
Intraday Support Level – $150
Intraday Resistance Level – $170
Charts from Poloniex; hosted by Trading View
