THELOGICALINDIAN - Dash Price Key Highlights
Dash amount connected to weaken and ability move added lower as continued as sellers abide in control.
Trend Line Resistance
As advancing beforehand there was a above downside acknowledgment in the Dash price, as it fell beneath a above abutment breadth of 0.0120BTC which afire a advertise rally. The amount traded as low as 0.0111BTC area it begin abutment and confused aback higher. However, there is now a bearish trend band formed on the alternate chart, which is acting as a hurdle for added upsides. Moreover, the 50% Fib retracement akin of the aftermost bead from 0.0128BTC to 0.0111BTC additionally confined as a attrition for the amount and allowance sellers to abide in control.
There is additionally one important point to agenda as the amount is able-bodied beneath the 100 alternate simple affective average, suggesting that buyers struggled a lot recently. As continued as the amount is beneath the trend band and 100 alternate SMA added losses cannot be discarded. The aftermost low of 0.0111BTC can be apparent as a support, and any added declines could booty the amount appear 0.0110BTC.
On the upside, a abutting aloft the 100 alternate SMA ability animate buyers in the abbreviate term. However, there is one added above hurdle on the upside, as the antecedent axis of 0.0124BTC ability now serve as a barrier for added gains.
Intraday Support Level – 0.0114BTC
Intraday Resistance Level – 0.0120BTC
The alternate RSI and MACD are branch lower, and pointing appear added losses in the abreast term.
Charts address of Trading View
