DASH – CRYPTOCURRENCY TECHNICAL ANALYSIS & TRADE IDEAS

DASH – CRYPTOCURRENCY TECHNICAL ANALYSIS & TRADE IDEAS

crypto technical analysis

DASH Technical Analysis: Weekly Chart

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

It is trading above MA (5) and MA (20) but below MA (50).

The immediate support is 88.070737 and the resistance level is at 156.513554

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 within an ascending triangle.

It is trading below MA (5) and MA (20) but below MA (50).

The immediate support is 116.329506 and the resistance level is at 138.158688

DASH is trading within an ascending triangle until there is a breakout.

How to trade DASH this week:

DASH is trading in a downward channel. However, the following opportunity can be taken if there is a breakout:

TRADE SUGGESTION: BUY AT 163.752698, TAKE PROFIT AT 205.871355 AND STOP LOSS AT 120.975938

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