THELOGICALINDIAN - Dash amount DigitalCash is already afresh afterward a crumbling aisle adjoin the US Dollar and DASHUSD ability now attending to breach the 90 support
Dash Price Resistance
It looks like Dash amount is following a lower low arrangement adjoin the US Dollar. The amount bootless on a brace of occasions abreast $108, which is proving to be a above resistance. The contempo abatement was additionally due to a abortion abreast $107-108. The abatement was such that the amount confused beneath the 100 alternate simple affective boilerplate at $98. It is a bearish sign, as the amount already confused appear $90. At the moment, the amount is aloof captivation $90, but charcoal at a accident of added declines.
The amount is currently afterward a crumbling aisle beneath $95. It is acutely visible, as there is a bottomward approach arrangement with attrition abreast $95 formed on the alternate blueprint of DASH/USD (data augment from Poloniex). On the upside, an antecedent attrition is about the 23.6% Fib retracement akin of the aftermost abatement from the $107.2 aerial to $90.15 low. The declared akin additionally coincides with the approach attrition trend band at $94. Above it, the 100 alternate simple affective average at $98 ability act as a able resistance.
Finally, there is a attrition trend band at $105 on the aforementioned chart. So, we can say there are abounding resistances starting $95.
Hourly MACD – The MACD for DASH/USD is not affective much, but hardly bearish.
Hourly RSI – The RSI for DASH/USD is currently beneath the 50 level.
Intraday Support Level – $90
Intraday Resistance Level – $98
Charts from Poloniex; hosted by Trading View
