DASH/USDT is seen trading above on Tuesday. The pair has recovered slightly after declining till USDT8.31.It is currently trading around USDT8.89 at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: USDT9.04
Kijun-Sen level: USDT9.27
Trend reversal level - (100 days MA) – USDT11.14
Long- term trend remains to be bearish. DASHUSDT is facing strong resistance at USD9.29 (10- day MAS) and any break above targets USDT9.97 (55- day EMA).
Major resistance is at USDT9.13 (10- day MA) and any break above targets USDT9.29 (21- day MA)/USDT9.97 (55- day EMA). Short-term support is seen at USDT8 (Oct 29th low) and any break below targets USDT6.70 (7th Jul low).