THELOGICALINDIAN - Dash amount DigitalCash afterwards accumulation acicular college adjoin the US Dollar and Bitcoin and now DASHUSD is eyeing for a move appear the 150 level
Dash Price Uptrend Intact
In the aftermost analysis, we saw start of an uptrend aloft $100 in Dash amount adjoin the US Dollar. The upside move was strong, as the amount was able to achieve aloft the $115 and $120 attrition levels. Later, there was a breach aloft the 61.8% Fib retracement akin of the aftermost abatement from the $151 aerial to $74 low. It has opened the doors for added assets appear $150.
The amount is now calmly placed aloft the $120 abutment and the 100 alternate simple affective average. Also, there is an important ascendance approach with abutment at $124 on the alternate chart. At the moment, the brace is testing the channel resistance at $140. A breach aloft the $140 akin ability alarm for added assets appear the $150 resistance.
On the downside, an antecedent abutment is about the 23.6% Fib retracement akin of the aftermost beachcomber from the $110.00 low to $140.70 high. However, the best important abutment is abreast the approach trend band at $124-22. It additionally coincides with the 50% Fib retracement akin of the aftermost beachcomber from the $110.00 low to $140.70 high. So, the all-embracing trend is bullish with affairs of a breach appear $150, and dips charcoal supported.
Hourly MACD – The MACD for DASH/USD is in the bullish zone.
Hourly RSI – The RSI for DASH/USD is currently aloof beneath the overbought levels.
Intraday Support Level – $125
Intraday Resistance Level – $140
Charts from Poloniex; hosted by Trading View
