DASH/USDT is seen trading well above on Tuesday. The pair breaks major psychological resistance USDT10 and jumped till USDT10.54 levels (Poloniex). It is currently trading around USDT10.34 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: USDT9.31

Kijun-Sen level: USDT9.90

Trend reversal level - (100 days MA) – USDT11.31

Long- term trend remains to be bearish. The pair is trading well above 200 –day MA and so a jump till USDT11.30 is possible.

Major resistance is at USDT10.79 (50- day MA) and any break above targets USDT11.30 (100- day MA)/USDT 12.40. Short-term support is seen at USDT9.44 (200 –day MA) and any break below targets USDT8.64 (Nov 11th, 2016 low) /USDT8 (Oct 29th, 2016 low)/USDT6.70 (7th Jul low).