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DASH/USD chart - Trading View
Exchange - Kraken
Support: 83.602 (5-DMA); Resistance: 96.713 (50-DMA)
Technical Analysis: Bias turning slightly bullish
DASH/USD consolidates break above 21-EMA, trades 1.16% lower at 86.509 at 09:30 GMT.
The pair has paused upside after 2 straight sessions of gains, bias has turned slightly bullish.
Major trend is bearish, but bullish RSI divergence raises scope for further gains.
Price action has edged above 21-EMA and 5-DMA is showing a slight turn.
Stochs are showing a rollover from oversold levels and MACD shows bullish crossover on signal line.
Upside continuation will see test of 50-DMA at 96.705 ahead of 23.6% Fib at 103.728.
Failure to hold above 21-EMA will see retest of 78 levels.
