. DASH Technical Analysis, Forecast and Trading Tips - Capital Street Fx

DASH Technical Analysis, Forecast and Trading Tips

08 Jun 2022

DASH Technical Analysis: Weekly Chart

DASH Technical Analysis

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 43.900516 and the resistance level is at 86.000382

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

DASH Technical Analysis: Daily Chart

DASH Technical Analysis

In the daily charts, DASH is trading within a rectangle.

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 52.215948 and the resistance level is at 67.621514

DASH is trading within a rectangle until there is a breakout or a breakdown.

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 40.662065, TAKE PROFIT AT 8.277554, AND STOP-LOSS AT 56.854320