country flagالعربية

DASH Technical Analysis | 26 July 2019

2019-07-26 08:43 am | Resource: Technical Analysis Section | No Views : 65

DASH Technical Analysis | 26 July 2019 Dash against USD rebounded during yesterday's trading from the areas of 104.97 $ and continued to rise even touched the areas of 113.78 $ yesterday evening.
Due to the pressure of sellers and weak bulls' resolve, the encrypted currency fell during yesterday's trading towards the areas of $ 107.79 achieved this morning.
DASH Technical Analysis | 26 July 2019
The digital currency is trading in a bullish direction forming at the 4 hour interval. This trend is weak due to its inability to break through the previous resistance.

Analysis of technical indicators of the digital currency Dash:

The ADX indicator is bullish and indicates weakness in the current bullish trend.
The simple moving average 20 is neutral at the moment due to overlapping price action.
The RSI 14 is trading in a bullish direction. This trend is weak due to a break of 50 pips.


It is expected that, in the case of a Dash breach of the levels of $ 117.90, the encrypted currency may target areas of $ 143.75.
On the other hand, the encrypted currency breach of $ 105.06, Dash might target the $ 95.80 level.
Support: 106.09-92.39- 82.00
Resistance: 115.75- 129.41- 143.75
Trend: Up

Other analysis

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.