- DASH/USD is extending downside for 3rd successive session, down 2.68% on the day.
- The pair remains capped below 5-DMA at 815, intraday bias bearish.
- 100-DMA at 698 is strong support on the downside, break below will see further drag.
- Technical studies are bearish. RSI and Stochs are biased lower.
- Price action slumps lower in downward slopping channel, capped below major EMAs.
- We see scope for test of channel base at 660 levels. Violation there could see further weakness.
- On the upside, breakout and close above 5-DMA could see retrace upto 20-DMA at 968. Bearish invalidation on retrace above 20-DMA.
Support levels - 698 (100-DMA), 611 (Jan 17 low), 600 (Nov 28, 29 low), 546 (78.6% Fib retrace of 252.50 to 1625 rally)
Resistance levels - 776 (61.8% Fib), 800, 816 (5-DMA)
Recommendation: Good to short break below 100-DMA (698), SL: 820, TP: 600/ 550/ 500.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major Crypto levels and bias summary
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next?
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD eases slightly as markets await U.S. Payrolls report
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk 



