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DASH Technical Analysis | 20 August 2019

2019-08-20 07:58 am | Resource: Technical Analysis Section | No Views : 18

DASH Technical Analysis | 20 August 2019 Digital currency Dash against USD During last Friday's trading broke areas of $ 92.39 as a result of pressure from sellers and thus fell towards areas of $ 88.79.
The cryptocurrency rebounded from the $ 88.79 areas during this morning to break through the resistance areas of $ 92.39, and continued to rise up to the $ 95.48 areas it achieved during the morning trading.
DASH Technical Analysis | 20 August 2019
Cryptocurrency Dash is trading in a bearish direction over the 4 hour interval. This trend suffers from weakness due to weak sellers' resolve, as well as the formation of a higher top and another high.

Analysis of technical indicators of the digital currency Dash:

The ADX indicator is currently insignificant.
SMA 20 is a very important support area at the moment.
Momentum RSI 14 has breached the falling trend line during Sunday's trading with the trendline test stabilized above.


It is expected that, if the cryptocurrency breaks through the $ 95.48 levels, Dash may target areas of $ 103.40.
On the other hand, a dash break of $ 88.88, It might target $ 82.00.
Support: 92.39-82.00-75.00
Resistance: 106.09 - 115.75- 129.41
Trend: Down

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