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DASH/USD: Bears and bulls exchange blows in the last two sessions – Technical Analysis

  • The bears and bulls have been trading blows for the last two sessions over the DASH/USD market.
  • Critical support exists at $80.75

DASH/USD bears and bulls have been exchanging blows in the last two sessions. The bulls need to fortify the critical $80.75 support line to prevent further downward movement.

DASH/USD daily chart

  • The latest session is bullish but below the upper band of the 20-day Bollinger as the market becomes more volatile.

DASH/USD 4-hour chart

  • The DASH/USD market sees strong and critical support at $80.75 which was used as a springboard to the latest breakout.

DASH/USD hourly chart

  • Bullish breakout from the latest bearish flag

Key Levels

  • Resistance 3: $90.6712
  • Resistance 2: $87.4085
  • Resistance 1: $85.3547
  • Pivot Point: $82.0921
  • Support 1: $80.0383
  • Support 2: $76.7756
  • Support 3: $74.7218

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