Dash Price Technical Analysis - Sellers Remain Active
Dash Price Technical Analysis - Key Highlights. Dash price managed to stay above 0.0116BTC, but remains at risk of more losses. There are a couple of bearish trend lines formed, which are protecting gains in Dash. As long as the price is below 0.0120BTC it might continue to move lower. Dash price corrected a bit higher after settling around 0.0116BTC, but the upside was limited due to the number of hurdles on the upside. Can sellers break 0.0116BTC? As we highlighted yesterday that the Dash price found support around an important area of 0.0116BTC. The mentioned support was protected....
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Dash Price Key Highlights. As highlighted in the weekly analysis, the Dash price completed a sell pattern and moved lower. More losses are likely, as sellers remain in control and look to take the price lower. A bearish trend line is formed, which if broken might call for a change in the trend. Dash price continued to weaken and might move further lower as long as sellers remain in control. Trend Line Resistance. As anticipated earlier there was a major downside reaction in the Dash price, as it fell below a major support area of 0.0120BTC which ignited a sell rally. The price traded as....
Key Highlights. Dash price fell sharply as forecasted in Yesterday's technical analysis, as there was a crucial break noted. The downside stalled around 0.0116BTC, representing an important support area. Buyers are in control, which is why selling rallies might not be a bad idea in the short term. Dash price moved lower sharply once sellers managed to gain pace. Looking ahead, the broken support at 0.0120BTC could act as a hurdle. 0.0120BTC as a Resistance. Dash price Intraday breached an important support area at 0.0120BTC, which represents a major pivot area for both buyers and sellers.....
Key Highlights. Dash continues to struggle, as the shoulder resistance (highlighted in yesterday's analysis) at 0.0125BTC stalled upsides on many occasions. As long as the prices are below 0.0125BTC, Dash might head lower. Our highlighted head and shoulders pattern is still valid, and if bears gain control, we might witness a pullback in Dash. 0.0125BTC as a Hurdle. Dash settled above the 100 hourly simple moving average, which took the price towards 0.0125BTC. The mentioned level represents a shoulder resistance area of the head and shoulders pattern as highlighted in the chart attached.....
Dash Price Key Highlights. Dash price moved lower Intraday, and managed to test a major support area around 0.0125BTC. If there is a break and close below 0.0125BTC the price might fall in the near term. 100 simple moving average on the 4-hours chart is likely to act as a resistance. Dash price is showing signs of weakness, which might take it lower moving ahead if sellers gain pace. Can it trade lower? The Dash price moved a bit lower yesterday, and tested an important support area of 0.0125BTC which holds the key in the near term as highlighted in one of the recent analyses. There lies a....
Dash Price Key Highlights. Dash price continued to trade in a tiny range with a monster support around 0.0116BTC. Sellers are struggling to clear 0.0116BTC, which poses a threat of a bounce. As mentioned yesterday, buyers need to break the 100 simple moving average to take the price higher. There was an upside reaction in Dash price yesterday, but buyers failed to maintain gains as the price moved back lower. Consolidation Phase. Looking at the current price action, it looks like the price is under a major consolidation phase, as both buyers and sellers struggling to take the price in one....