Dash stares into acute reversal if the triangle pattern fails to materialize. The initial short-term support at $71 will come in handy if the correction continues. Dash buyers are showing their bullish prowess on Tuesday. Generally, indecision clouds the majority of cryptocurrencies on the market. However, Dash is putting intense pressure on key levels with the main purpose being to break above the symmetrical triangle resistance. Earlier the bulls ravaged through the hurdles present by the Simple Moving Averages (SMAs. The saw the price briefly trade close to $74 (resistance). Meanwhile, Dash has adjusted to the current market value of $71.74. Following the retreating Relative Strength Index (RSI), it is likely that the price won’t break the triangle resistance. Instead, a reversal is likely to come into action towards the initial support of $71 (100 SMA). The lower trendline will come in handy in the event losses progress towards $71. If the Moving Average Convergence Divergence (MACD) stays above the zero line, Litecoin will have the ability to stays above $71 support level. DASH/USD 60′ chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Chinese Foreign Ministry Spokesman: US statement on partial trade deal is accurate FX Street 4 years Dash stares into acute reversal if the triangle pattern fails to materialize. The initial short-term support at $71 will come in handy if the correction continues. Dash buyers are showing their bullish prowess on Tuesday. Generally, indecision clouds the majority of cryptocurrencies on the market. However, Dash is putting intense pressure on key levels with the main purpose being to break above the symmetrical triangle resistance. Earlier the bulls ravaged through the hurdles present by the Simple Moving Averages (SMAs. The saw the price briefly trade close to $74 (resistance). Meanwhile, Dash has adjusted to the current market value of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
