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FxWirePro: DASH/ USDT struggles to close above Kijun-Sen, good to sell on rallies

DASH/USDT is seen trading below in red on Monday. The pair has declined after making a slight jump till USDT13.14 levels (Poloniex). It is currently trading around USDT12.66 at the time of writing.

Ichimoku analysis (Daily chart):

Tenkan-Sen level: USDT13.99

Kijun-Sen level: USDT112.25

Trend reversal level - (89 day EMA) – USDT10.18

The long- term trend is seemed to be Bullish. DASH/USDT struggles to close above daily Kijun-Sen and any break above will take the pair till USDT12.25.

Major resistance –USDT12.98 (daily Kijun-Sen) and any break above targets USDT13.99 (daily Tenken-Sen)/USDT14.79 (61.8% retracement of USDT16.94 and USDT11.34). Short term support is around USDT12.06 (61.8% retracement of USDT16.94 and USDT9.06) and any break below will drag the pair down till USDT11.15 (30- day EMA) /USDT10.50 (60- day EMA).

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January 19 15:30 UTC Released

USECRI Weekly Annualized

Actual

4.5 %

Forecast

Previous

3.3 %

January 19 15:30 UTC Released

USECRI Weekly Index

Actual

150.3 %

Forecast

Previous

147.6 %

January 21 02:00 UTC 14921492m

PHGDP YY

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Forecast

Previous

6.9 0

January 21 02:00 UTC 14921492m

PHGDP QQ

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Forecast

Previous

1.3 0

January 21 21:00 UTC 26322632m

KRPPI Growth YY

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Forecast

Previous

3.1 %

January 21 21:00 UTC 26322632m

KRPPI Growth

Actual

Forecast

Previous

-0.1 %

January 21 23:00 UTC 27522752m

JPReuters Tankan DI

Actual

Forecast

Previous

27 k

January 22 07:00 UTC 32323232m

NOIndus Confidence

Actual

Forecast

Previous

2 0

January 22 08:00 UTC 32923292m

TWJobless Rate

Actual

Forecast

Previous

3.69 0

January 22 08:00 UTC 32923292m

TWExport Orders YY

Actual

Forecast

Previous

11.6 0

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