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DASH Technical Analysis | 2 August 2019

2019-08-02 10:21 am | Resource: Technical Analysis Section | No Views : 46

DASH Technical Analysis | 2 August 2019 The Dash against USD with the end of last month failed to breach areas resistance $ 106.09 due to weak bulls' resolve.
 Thus, the encrypted currency fell during trading yesterday towards the areas of 102.75 $, which rebounded from them to retest the areas of 106.09 $.
 DASH Technical Analysis | 2 August 2019
The digital currency Dash, our neutral view at the moment on the 240-minute interval due to trading between $ 100.63 and $ 106.23 since last Monday's trading.

Analysis of technical indicators of the digital currency Dash:

The ADX indicator is currently insignificant as a result of not interfering with price action.
The simple moving average 20 is neutral at the moment due to overlapping price action.
The momentum indicator 14 relative strength is neutral at the moment due to non-trading through a specific direction.

Outlook:

It is expected that, in the case of the encrypted currency breach of levels of $ 109.95, Dash may target areas of $ 135.90.
While a Dash break of $ 100.63, It might target $ 82.00.
Support: 92.39- 82.00-74.34
Resistance: 106.09- 115.75- 129.41
Trend: neutral

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