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DASH Technical Analysis | 24 April 2019

2019-04-24 07:55 am | Resource: Technical Analysis Section | No Views : 81

DASH Technical Analysis | 24 April 2019 Dash against USD failed to breach the top of 124.74 $ during the morning yesterday because of the weakness of the intention of the buyers therefore fell to about $ 113.22.
The coded currency also failed to breach the first support levels during the morning session due to weak bear determination.
 DASH Technical Analysis | 24 April 2019
The digital currency is still trading between $ 113.45 and $ 123.94 for nearly two weeks, so our outlook is neutral so far, with no change on the 4-hour interval.
Currently, in the case of a break of 117.55 $ we recommend selling to areas of 106.81 $ (this signal continues until the end of this week).

Analysis of technical indicators of the digital currency Dash:

The ADX indicator is currently insignificant.
The SMA 20 is neutral as a result of the lack of trading through a specific direction at the moment.
The RSI 14 we have seen so far are neutral with no change due to the breach of the upper border of the Neutral Zone, where the index has been trading since the second week of this month.

Outlook:

It is expected that, in the event of penetration of electronic currency Dash levels of $ 124.74 may target areas of $ 131.66.
On the other hand, if you break the $ 112.95 level it might target $ 100.05.
Support: 115.75 - 106.09 - 102.24
Resistance: 129.41 - 143.75 - 157.99
Trend: neutral

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