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DASH Technical Analysis | 14 August 2019

2019-08-14 08:32 am | Resource: Technical Analysis Section | No Views : 23

DASH Technical Analysis | 14 August 2019 Digital Currency Dash against USD on Thursday evening broke the rising trend line as a result of pressure from sellers and continued to fall to areas of $ 95.69.
During Saturday's trading, the cryptocurrency bounced from $ 95.69 and continued to rise to retest the broken uptrend line, and with touching the trend line and resistance areas of $ 106.09, it fell towards $ 98.24.
DASH Technical Analysis | 14 August 2019
Cryptocurrency Dash At the moment our view is neutral as a result of not trading through a specific direction over the 240 minute interval as the cryptocurrency trades in a narrow range between $ 105.88 and even $ 97.96.

Analysis of technical indicators of the digital currency Dash:

ADX remains neutral as trading continues below 20 pips.
Our 20 SMA is currently neutral as a result of not trading in a specific direction.
Momentum RSI 14 is neutral as a result of not trading in a specific direction.

Outlook:

It is expected that, if the cryptocurrency breaks through the $ 106.09 levels, Dash may target areas of $ 117.29.
However, digital currency break of $ 95.53, Dash might target $ 82.00.
Support: 92.39-82.00-75.00
Resistance: 106.09 - 115.75- 129.41
Trend: Neutral

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