DASH/USDT is seen trading The pair has slightly jumped above 55 days EMA after declining till USDT9.02 and declined after jumping till USDT9.540 levels (Poloniex). It is currently trading around USDT9.27 at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: USDT9.00
Kijun-Sen level: USDT8.93
Trend reversal level - (100 days MA) – USDT10.30
Long-term trend remains to be bearish. DASH/USDT faces strong support at 21- day MA and slight bearishness can be seen below that level.
Major resistance –USDT9.82 (200- day MA) and any break above targets USDT10.28 (100- day MA)/USDT10.54 (Nov 8th high). Short-term support is seen at USDT8.91 (21- day MA) and any break below targets USDT8.20 (Oct 29th low)/ USDT6.70 (7th Jul low).