THELOGICALINDIAN - Key Highlights
Dash amount ability attack one added advance higher, as a breach aloft 0.0120BTC was actual analytical and suggests that sellers were outpaced.
Buy Dips?
Dash prices afterwards breaking aloft 0.0121BTC, popped appear 0.0127BTC area there was a accessory reaction. The upside acclaimed was quick as the mentioned breach acted as a agitator for buyers to booty the amount higher. It is currently acclimation lower and trading abreast the 38.2% Fib retracement akin of the aftermost beachcomber from 0.0117BTC to 0.0127BTC.
The Middle Bollinger Band is accouterment abutment in the abbreviate term, but there is a adventitious that the amount ability accelerate to analysis the 50% Fib retracement level, which is aloof aloft the all-important axis of 0.0121BTC. Moreover, 0.0119BTC additionally holds the key for the bazaar sentiment, as the 100 alternate simple affective boilerplate is positioned about the aforementioned level. So, 0.0119-0.0120BTC breadth can be apparent as a acknowledgment area for buyers. Only a breach aback beneath 0.0121BTC may conceivably change the trend to bearish.
On the upside, 0.0125BTC is an actual resistance, which if taken out could booty the amount appear the aftermost beat aerial of 0.0127BTC. In that situation, we ability alike attestant a new high, demography the amount appear 0.0130BTC. The mentioned akin is the abutting acknowledgment are for sellers affective ahead.
Intraday Support Level – 0.0120BTC
Intraday Resistance Level – 0.0125BTC
The alternate RSI is cutting lower afterwards testing the overbought levels, and the MACD has afflicted the abruptness to bearish. All this suggests that there is a adventitious of a alteration that can be apparent as a affairs opportunity.
Charts address of Trading View
