Dash Price Weekly Analysis - Primed For Gains?
Key Highlights. Dash spiked higher after finding continuous bids around 0.012BTC. Prices struggling to clear a crucial bearish trend line, which might push Dash back lower. Dash climbing higher was encouraging, but it is facing many barriers on the upside where buyers might resist in the near term. Importance of 0.012BTC Support Area. As mentioned Dash prices moved higher, and one of the main reasons was the 0.012BTC support area. However, there is a crucial resistance trend line formed on the hourly chart where prices stalled recently at 0.0127BTC. Prices are well above the 7 and 21....
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Key Highlights. Dash recovered sharply after diving towards 0.0110BTC where buyers managed to protect further losses. There is a bearish trend line forming on the hourly chart of Dash, which may perhaps act as a hurdle for buyers. Dash is struggling around an important level at 0.0120BTC, which was a support earlier and now acting as a resistance for more gains. Can Buyers Clear 0.0120BTC? This past week we forecasted a downside reaction in Dash once the price went below 0.0120BTC. There was a sharp downside, which took it towards 0.0110BTC where somehow buyers managed to hold the....
Dash Price Key Highlights. Dash price spiked higher sharply to register a new weekly high of 0.0147BTC where it found sellers. There was a flag pattern formed on the hourly chart, as highlighted yesterday which was breached to set the tone for an upside move. The price failed completely around 0.0147BTC, reversed more than 75% of gains. Dash price climbed higher sharply Intraday, but failed to hold gains and traded back lower. Failed attempt? We highlighted in yesterday's post that the Dash price could surge higher, as there was a flag pattern formed on the hourly chart. There was a break....
Dash Price Key Highlights. Dash price after setting a low around 0.0111BTC, consolidated for some time and then moved sharply higher. A critical bearish trend line formed on the hourly chart was breached during the upside move. If the price moves lower from the current levels, then it might find buyers around 0.0116BTC. Dash price finally spiked higher, and even managed to close above an important resistance area to signal more gains. 0.0116BTC as a Support. This past week, we highlighted a bearish trend line on the hourly chart, and the price trading below the 100 hourly simple moving....
Key Highlights. Dash price after surging higher corrected lower as forecasted in the weekly analysis. There is a major support building around 0.0125BTC, which is likely to act as a pivot area. A bullish trend line is also formed, which is a crucial barrier for sellers. Dash price correction phase is likely to complete soon, which means buyers might take control in the near term. 0.0125BTC as a support. As highlighted in the weekly analysis, the Dash price surged higher after clearing a couple of major resistances like 0.0120BTC and 0.0125BTC. The upside after the break was stalled around....
Key Highlights. Dash price remained below a major swing area of 0.0120BTC. Buyers trying very hard for a break higher, and if they succeed, more gains are likely. There is a bullish trend line formed, i.e. acting as a support in the short term. Dash price looks poised for more gains, and a break above 0.0120BTC is feasible as buyers are probably in control. Retest of 0.0125BTC? The Dash price after settling above the 100 hourly simple moving average looks very positive and might be positioning for more gains in the near term. However, the resistance (0.0120BTC) that we highlighted in the....