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DASH/USD chart - Trading View
Exchange - Binance
Support: 151.67 (21-EMA); Resistance: 183.30 (Trendline)
Technical Analysis: Bias Bullish
DASH/USD retraces dip below 5-DMA, bias is bullish.
The pair is trading 1.19% lower on the day at 166.48 at 11:55 GMT.
Stochs and RSI are in overbought territory, but no major signs of weakness seen.
21-EMA is strong support. 5-DMA and 21-EMA are upward sloping.
A 'Golden Cross' formation keeps scope for upside, next bull target lies at 183.30 (trendline resistance).
Break below 21-EMA could see dip till 50-DMA at 132.45. Bullish invalidation below 200-DMA.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
