Dash Price Weekly Analysis - Expanding Range

Dash Price Weekly Analysis - Expanding Range

Dash Price Key Highlights. Dash price continued to move higher and it looks forming an expanding triangle pattern on the hourly chart. We highlighted recently a flag pattern on the hourly chart, but it looks like it is an expanding triangle. The price is above the 100 hourly simple moving average, which is a positive sign. Dash price showing a lot of positive signs, which means there is a chance of the price moving higher in the near term. Expanding Triangle. We highlighted recently a flag pattern on the hourly chart, but it looks like it is an expanding triangle. The price continued to....


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Dash Price Weekly Analysis - Range Persists

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Dash Price Technical Analysis - Target Hit, What's next?

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....

Dash Technical Analysis for 21/4/2015 - Oversold!

It seems there is no stopping Dash from digging deeper into the red. The cryptocurrency has sunk to a fresh 1-month low of 0.01163BTC as bulls refrain from entering the scene, extending the ruthless bear market that Dash has entered into. I advised in my yesterday's analysis that Dash is still not a good contrarian bet and long positions are best avoided. I maintain my bearish outlook. Trading under pressure, Dash has a value of 0.01175BTC. An analysis of the 360-minute DRK/BTC price chart reveals that the cryptocurrency may be oversold from a near-term perspective, however, the long-term....

Dash Technical Analysis for 15/4/2015 - Dullness Prevails

Dash is testing the patience of short-term market participants with its extremely thin consolidation range. In the past 6 hours, the cryptocurrency has barely moved with the price trapped inside 0.01400-0.01403BTC - this is in no way a tradeable range. However, prolonged consolidation may also mean that the cryptocurrency is forming a base and a recovery is in the offing. Each Dash can currently be bought for 0.014BTC. Analysis of the 360-minute DRK/BTC price chart indicates that the sideways price action cannot continue for long. Chart Structure - Even though Dash is comfortably....

Dash Technical Analysis for 22/4/2015 - Relief Rally

Dash has rebounded strongly after hitting a fresh 1-month low of 0.01163BTC yesterday; the price has jumped more than 6% from the previous observation of 0.01175BTC to the current 0.01267BTC. It was earlier discussed that the cryptocurrency was highly oversold and may stage a rebound and now with that accomplished, it will be interesting to see if Dash is able to break the lower-top, lower-bottom structure. Technical analysis of the 360-minute DRK/BTC price chart implies that there is steam left in Dash, but even that may not be enough to script a trend reversal. DashCoin Chart Structure -....