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DASH/USDT pair has slightly declined after jumping till USDT9.540 levels (Poloniex). It is currently trading around USDT9.27 at the time of writing.
Ichimoku analysis (Daily chart):
Tenkan-Sen level: USDT9.00
Kijun-Sen level: USDT8.93
Trend reversal level - (100 days MA) – USDT10.30
Long- term trend is Bearish. DASHUSDT faces strong resistance at 200- day MA and any break above will take the pair till USDT10.30.
Major resistance –USDT9.80 (200- day MA) and any break above targets USDT10.30 (100- day MA)/USDT10.54 (Nov 8th high). Short term support – USDT8.93 (daily Kijun-Sen) and any break below targets USDT8.20 (Oct 29th low)/ USDT6.70 (7th Jul low).
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FxWirePro: DASH/ USDT faces strong resistance at 200- day MA, good to buy on dips
Wednesday, December 14, 2016 1:18 PM UTC
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