THELOGICALINDIAN - Dash amount charcoal in a solid uptrend as the amount soared by added than 50 adjoin the US Dollar DASHUSD now looks set for added assets aloft 100
Dash Price Looking Super Bullish
During the accomplished few days, we saw how Dash amount marched college and climbed aloft $50, $60, $70 and $80. The amount alike bankrupt the $100 akin afresh and traded as aerial as $102.35. There are abounding absolute signs for added gains in the abreast term, and DASH/USD is acceptable to barter added higher. The amount is now aback beneath the $100, but charcoal accurate on the downside.
There is a monster bullish trend band with abutment at $90 formed on the 4-hours blueprint of DASH/USD (data augment from Poloniex). Moreover, the 23.6% Fib retracement akin of the aftermost beachcomber from the $48 low to $102.35 aerial is additionally about the aforementioned trend line. So, we can say that there are a lot of abutment levels on the downside aloft $90. So, if the amount moves down, it can acquisition buyers on the downside abreast $90. Only a breach beneath the trend band abutment could booty the amount appear 38.2% Fib retracement akin of the aftermost beachcomber from the $48 low to $102.35 high.
On the upside, the amount may anon breach the $100 handle already afresh and barter aloft the aftermost aerial of $102.35.
4-hours MACD – The MACD is placed accurately in the bullish area.
4-hours RSI – The RSI is in the overbought levels and charcoal admiring of added gains.
Intraday Support Level – $90
Intraday Resistance Level – $102
Charts from Poloniex; hosted by Trading View
