. DASH Coin Price Technical Analysis, Trade Signals and News

DASH Coin Price Technical Analysis, Trade Signals and News

25 May 2022

DASH Technical Analysis: Weekly Chart

In the weekly charts, DASH is trading in a downward channel.

It is trading below all SMAs: MA (20), MA (50), and MA (100).

RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.

The immediate support is at 42.780316 and the resistance level is at 136.023264

DASH is trading in a downward channel until there is a trend reversal.

DASH Technical Analysis: Daily Chart

In the daily charts, DASH is trading below its previous downward channel.

It is trading below all SMAs: MA (20), MA (50), and MA (100).

RSI is in selling zone which indicates bearishness. MACD is currently trading below zero which indicates bearishness.

The immediate support is at 51.910702 and the resistance level is at 68.821614

DASH is trading outside and below its previous downward channel until there is a trend reversal.

How to trade DASH this week:

DASH is trading in a downward channel until there is a trend reversal and the following opportunity can be taken:

TRADE SUGGESTION: SELL AT 40.560246, TAKE PROFIT AT 15.029438, AND STOP-LOSS AT 54.990702