FxWirePro: DASH/USD finds strong support at 943 (50-DMA), good to go short on break below

• DASH/USD is trading 9.28% lower on the day, currently at 997 levels.
  
• The pair is trading in a 'Symmetric Triangle' pattern and is attempting break of triangle base.
  
• 50-DMA at 943 offers strong support and we see that the pair has bounced off from lows at 950.
  
• Technical studies are bearish. RSI and stochs are biased lower. Watch out for break below for further weakness.
  
• On the higher side, price action is capped below 20-DMA at 1100. Breakout there could see further upside.

Support levels - 943 (50-DMA), 905 (Dec 30 low), 875 (Dec 22 low)

Resistance levels - 1088 (38.2% Fib retrace of 221 to 1625 rally), 1100 (20-DMA), 1165 (Triangle top)

Recommendation: Good to go short on break below 50-DMA at 943, SL: 1100, TP: 860/ 760.

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